The National Interest Cites CESD Reports

The National Interest Cites CESD Reports The National Interest, a leading American international affairs magazine, cited CESD’s report, “Peak Oil: The End of the Oil Age in Azerbaijan,” in its January 18, 2012 article entitled “Tough Year Looms for Azerbaijan”: “The Center for Economic & Social Development, a think tank in Azerbaijan focused on the country’s sustainable economic development, stated in a November 2011 report that the ‘oil boom in Azerbaijan... Read More

Azerbaijan State Budget’s SOFAZ Dependency

Azerbaijan State Budget’s SOFAZ Dependency $ 45 billion oil money spent through state budget channels last couple years   Since the launch of the State Oil Fund of Azerbaijan (SOFAZ), the fund’s expenditures amounted to AZN 38.789 billion ($ 49,730 billion).  Transfers to the state budget reached to AZN 35.085 billion ($ 44,980  billion) within the last couple years. Meanwhile, the fund issued AZN 297.9m for project of construction of the Baku-Tbilisi-Ceyhan , to... Read More

CESD links up with foreign partners in transparency project

CESD links up with foreign partners in transparency project The Center for Economic and Social Development (CESD) has launched a program with two other PASOS members to enhance the transparency of how public funds are spent on education in Azerbaijan. Joining CESD in the project “Piloting the Civic Rural and Urban Involvement in School Budgeting and Spending for Efficient Preschool and Primary School Services” are the Center for Economic Development in Bulgaria and Local... Read More

Azerbaijan Economy in 2012

Azerbaijan Economy in 2012 Azerbaijan oil production started to decline rapidly since 2010. In fact, dramatic fall in oil industry continues to hamper the country’s total growth in 2012.  It was the main reason that Government of Azerbaijan (GoA) has adjusted its previous official forecast of 5.7 %  GDP growth in 2012 to 2.5 % in the second half of 2012. Thanks to affected growth in non-oil sector, the country was able to keep growth track last year since State Statistics... Read More

TAP concludes Shareholder Agreement with SOCAR, BP and Total

  TAP concludes Shareholder Agreement with SOCAR, BP and Total   TAP and its shareholders – Axpo, Statoil and E.ON – have concluded a Shareholder Agreement with three members of the Shah Deniz Consortium: SOCAR, BP and Total.  The Shareholder Agreement, finalised and initialled by all parties, stipulates how the TAP Joint Venture will be governed by an enlarged shareholder group comprising of Statoil, E.ON, Axpo, SOCAR, BP and Total as shareholders. The Shareholder... Read More

Multipolarity is key: Assessing Azerbaijan’s foreign policy

Multipolarity is key: Assessing Azerbaijan’s foreign policy This paper seeks to outline how Azerbaijan should manage the numerous foreign policy challenges it faces due to its strategic location, wealth in resources, neighbors and surrounding conflicts. As a small state, Baku should seek to balance interests and pursue a path of multipolarity, without however forfeiting a strong stance towards governments that threaten its status quo. Russia, Turkey, Iran, Israel and the... Read More

CESD RANKED AS ONE OF THE TOP THINK TANKS IN THE WORLD in 2013

CESD RANKED AS ONE OF THE TOP THINK TANKS IN THE WORLD in 2013 The University of Pennsylvania’s (UPenn) Think Tanks and Civil Societies Program announced rankings of the leading public policy research organizations in the world in their annual Global “Go-To Think Tanks” report. The presentation of the report took place at the United Nations Headquarters in New York on January, 18.  2013. The report’s publication is the culmination of an eight-month process involving the... Read More

İs shadow economy makes 9% in Azerbaijan?

İs shadow economy makes 9% in Azerbaijan? The statement came from chairman of the State Statistical Committee of Azerbaijan Arif Veliyev. He said shadow economy includes illegal production and arms sale, drug sale, prostitution. “Though Azerbaijan also produces arms, there is no illegal trade here”, Veliyev said. He said shadow economy in Azerbaijan mostly include unregistered productions and provision of definite services, as well as home bakery, private lessons... Read More

Call for Papers: CESD Spring International Conference

Call for Papers: CESD Spring International Conference The CESD is pleased to invite all interested scholars to submit their abstracts to the CESD Spring Conference titled as “Policy Options for Social Market Economy: National and International Challenges”.  The conference will be taken place in Baku, Azerbaijan on March, 06, 2013. The international event is organized by the Center for Economic and Social Development (CESD), Konrad-Adenauer-Stiftung and Qafqaz University.... Read More

Oil export via BTC pipeline down by 2.5m tonnes

Oil export via BTC pipeline down by 2.5m tonnes In 2012, the Baku-Tbilisi-Ceyhan pipeline exported 29.671m tonnes of oil.  According to SOCAR, compared with 2011, exports fell by 2.553m tonnes.  In January, exports amounted to 2.7m tonnes, in February -2.45m tonnes, in March – 2.7m tonnes, in April – 2.3m tonnes, in May – 2.801m tonnes, in June – 2.732m tonnes, in July – 2.12m tonnes, in August – 2.367m tonnes, in September – 2.261m... Read More