The 2018 State Budget Project of Azerbaijan: From Consolidation to High Spending?

The 2018 State Budget Project of Azerbaijan: From Consolidation to High Spending? The legislative project on the state budget of the Republic of Azerbaijan for 2018 and the state and consolidated budget projects of 2018 were publicized on 19th of October, 2017 according to the legislation on the Budget system. The main challenges facing the economy of Azerbaijan is its huge reliance on the oil sector for state revenue that, in turn, depends on the price of oil and trends on global... Read More

A Comparative Study on Development of Small and Medium Enterprises (SMEs) in Azerbaijan

A Comparative Study on Development of Small and Medium Enterprises (SMEs) in Azerbaijan This research paper explores the role of small- and medium-sized entreprises in the economy of different countries, with a particular focus on Azerbaijan. The purpose of the research is to support and intensify the development of small- and medium-sized businesses in the country by determining the effectiveness of programs held by the government to encourage greater SMEs activity, as well as... Read More

Can Confidence-Building Measures (CBMs) contribute towards a peaceful resolution of the Nagorno-Karabakh conflict?

Can Confidence-Building Measures (CBMs) contribute towards a peaceful resolution of the Nagorno-Karabakh conflict? CESD & LINKS hold Confidence-Building Conference in Baku On 06 November 2017, Center for Economic and Social Development (CESD) and London-based LINKS (DAR) hosted a roundtable discussion on “Can Confidence-Building Measures (CBMs) contribute towards a peaceful resolution of the Nagorno-Karabakh conflict?” in Baku, Azerbaijan. The event was organised... Read More

Volatility, Diversification and Oil Shock in Resource-Rich Turkic Countries: Avenues for Recovery

Volatility, Diversification and Oil Shock in Resource-Rich Turkic Countries: Avenues for Recovery Well-known “Bilig” journal, which indexed by Social Sciences Citation Index, has published the CESD research article The paper analyses the current level of economic and export diversification in three resource-rich Caspian basin Countries: Kazakhstan, Azerbaijan and Turkmenistan and attempts to reveal the underlying causes of high vulnerability of these economies to the recent... Read More