Azerbaijan Economy in the first eight months (January-August) of 2017; Brief Overview

Azerbaijan Economy in the first eight months (January-August) of 2017; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first eight months of 2017. Both independent and official reports show that GDP declined in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased by 1.1 % in January-August of 2017 compared with the period of 2016 since CESD calculations found out 1.3 %... Read More

Analysts Wary Over Issuance Of 200 Manat Banknote, Says Inflation Possible

Analysts Wary Over Issuance Of 200 Manat Banknote, Says Inflation Possible Analysts say inflation of manat could come as a result of the new large denomination’s injection into circulation Money is about to grow in Azerbaijan. Alim Guliyev, first Deputy Chairman at the Central Bank of Azerbaijan announced on Tuesday that it may introduce banknotes in denominations of 200 AZN, or roughly USD $118. “Banknotes worth, for example, 500 manats would be too big for us, but... Read More

Economic Development and Diversification; A Case of Azerbaijan

Economic Development and Diversification; A CASE of Azerbaijan CESD has presented its research titled as “Economic Development and Diversification; A CASE of Azerbaijan”. The presentation file is now available. Download Full File Here  Read More

CESD Fall Internship & Traineeship Program: Call for Participation

CESD Fall 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 program –... Read More

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

Azerbaijan Economy in the first seven months of 2017; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first seven months of 2017. Both independent and official reports show that GDP declined in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased by 1.0 % in January-July of 2017 compared with the period of 2016 since CESD calculations found out 1.2 % decline in the economy.... Read More

Azerbaijani Oil Income in August 2017

Azerbaijani Oil Income in August 2017 The State Oil Company of Azerbaijan Republic (SOCAR) reports that the company exported 254,363 thousand tons of crude oil from the Russian port of Novorossiysk and 1,733 million tonnes of crude oil from the Turkish port of Ceyhan in August 2017. Azeri oil price slightly increased in August 2017 compared with the previous month since the price was below $ 50.0 US per barrel in July 2017 Meanwhile, the oil price has been decreased more than... Read More