Azerbaijan: economy trapped to the Caucasus. The next 15 years between the Russian Federation, Turkey and Iran

Azerbaijan: economy trapped to the Caucasus. The next 15 years between the Russian Federation, Turkey and Iran OECD has published CESD Research Organization for Economic and Cooperation and Development (OECD) has published “Beyond Shifting Wealth: Perspectives on Development Risks and Opportunities from the Global South” Book. CESD Research Team’s article was included to the publication, too. As the publication has underlined that emerging and developing countries have... Read More

New Edition of the Eastern Partnership Think Bridge

New Edition of the Eastern Partnership Think Bridge However the different ways and motives the six Eastern Partnership countries may have, one way or another they are moving towards strengthening their cooperation with the European Union. The systematic reforms and the ability to defend their national interests while resisting the outside pressure are the two essential components for the further successful development in this direction. It is not unexpected that the countries... Read More

Azerbaijan Oil Fund’s Annual Report: Spending is more than income

Azerbaijan Oil Fund’s Annual Report: Spending is more than income Annual report is available at the CESD’s web site Azerbaijan’s sovereign wealth fund SOFAZ recorded decrease in the revenues from the hydrocarbon sales in 2016 due to the low oil prices, while there was a significant increase in the revenues from the management of the Fund’s assets. The revenues obtained from the sales of Azerbaijan’s share of hydrocarbons, the fees paid to the country for the transit... Read More

CESD: “The situation with Qatar threatens to bring down oil prices”

CESD: “The situation with Qatar threatens to bring down oil prices” Geopolitical tensions surrounding Qatar’s able to bring down the price of oil and to put an end to the agreement by OPEC and countries outside the cartel, to reduce oil production, said RIA Novosti economist, Chairman of the Center for Economic and Social Development (CESD) Vugar Bayramov. On Monday, Egypt, Saudi Arabia, Bahrain and the UAE announced the rupture of diplomatic relations with Qatar, accusing... Read More

Azerbaijan Economy in the first four months of 2017; Brief Overview

Azerbaijan Economy in the first four months of 2017; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first four months of 2017. Both independent and official reports show that GDP decreased in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased by 1.2 % in the first four months of 2017 compared with the period of 2016 since CESD calculations found out 1.5 % decline in... Read More