EaP Think Bridge: The January 2017 Assessment Report

EaP Think Bridge: The January 2017 Assessment Reports “EaP Think Bridge” monthly analytical digest has been published. CESD, Azerbaijan has contributed the Azerbaijani version of the report. As the digest has underlined that unified by the Eastern Partnership policy, the countries are mainly focused on the cooperation with European institutions. At the same time, they disregard the substantial potential of the partnership within the region. After all, despite the... Read More

Ambassador of Germany visited the CESD office

Ambassador of Germany visited the CESD office The Ambassador of Germany to Azerbaijan H.E. Michael Kindsgrad visited the Center for Economic & Social Development (CESD) on January 25, 2017. The new post of his excellency to Azerbaijan was the reason of his visit to CESD, in order to meet in person the staff of the center and to explore possible cooperation prospects. The long collaboration with German institutions as Konrad-Adenauer-Stiftung (KAS), the Die Deutsche Gesellschaft... Read More

CESD has been ranked the top think tank in Central Asia and Southern Caucasus

CESD has been ranked the top think tank in Central Asia and Southern Caucasus The University of Pennsylvania’s (UPenn) Think Tanks and Civil Societies Program has announced rankings of the leading public policy research organizations in the world in their annual Global “Go-To Think Tanks” report. The report was submitted at in Washington DC and New-York City, USA on January 26th, 2017. The report’s publication is the culmination of an eight-month process involving the... Read More

Assessment on Real Effective Exchange Rate in Azerbaijan: 2017 Outlook

Assessment on Real Effective Exchange Rate in Azerbaijan: 2017 Outlook The implementation of fixed exchange rate regime for 20 years (1994-2014) resulted in a formation of an insecure currency position for all interest groups, including the government and business. Although the pressures on manat have commenced to increase since the second half of 2014, the Central Bank and the government failed in comprehending the process. That is why, promising statements have been made to... Read More

Trump Foreign Policy Impact in the Caucasus: Projecting Azerbaijan-USA relations for the next four years and beyond

Trump Foreign Policy Impact in the Caucasus: Projecting Azerbaijan-USA relations for the next four years and beyond On 20th January, Donald John Trump, an American businessman and TV entertainer is going to be 45th President of the United States of America (US). This is a hard-to-be comprehended statement by the academic and research communities, who did not expect the result of the US presidential elections to turn out this way. The possibility of Trump’s victory was repeatedly... Read More

CESD Spring Internship & Traineeship Program: Call for Participation

CESD Spring Internship & Traineeship Program: Call for Participation Center for Economic and Social Development (CESD) announces Internship/Traineeship opportunity with further job offer. The offer is valid for local and international applicants. The internship opportunity will last up to 3 (or 6) months period. What You Will Learn/Obtain: – Become ‘work ready’ for research and think tank jobs. – Trained on the research and relevant skills at the first days of the... Read More

Azerbaijani Oil Fund`s 2017 Budget with 75.0 % deficit

Azerbaijani Oil Fund`s 2017 Budget with 75.0 % deficit The budget of the State Oil Fund of Azerbaijan (SOFAZ) for 2017 will have a planned deficit of 6.1 billion manat. Meanwhile, expenditures of the Fund will exceed its revenue by 1.73 times. According to the decree on the SOFAZ’s 2017 budget, the fund’s expenditure is 14.5 billion manat ($ 8.2 billion US) and revenue is 8.37 billion manat ($ 4.7 billion US). SOFAZ’s deficit for 2017 is $ 3.5 billion US. Download Full... Read More

Macroeconomic Forecasts for Azerbaijan in 2017: Independent View

Macroeconomic Forecasts for Azerbaijan in 2017: Independent View Without a doubt, 2016 is considered as one of the painful years for the economy of the country. That is to say, the economy of the country encountered nearly 4.0 % decline [during January-November 2016 GDP fell by 3.9% compared with the previous year, SSCRA ], the depreciation of national currency continued, as a result, manat lost its value by 12.5% during the year. The depreciation of national currency reached... Read More

What to expect from the monetary policy of the Central Bank of Azerbaijan?

What to expect from the monetary policy of the Central Bank of Azerbaijan? The Central Bank of the Republic of Azerbaijan has announced that, a tight monetary policy is to be carried on. That is to say, the Central Bank will try to decrease the demand for USD by limiting monetary base. Although the implementation of the contractionary monetary policy since the oil price slump failed to stabilize the exchange rate of manat, the Central Bank does not seem inclined to undertake alternative... Read More