CESD Research Paper: Investing in Renewable Energy in Azerbaijan: A Valuation of Three Alternative Investment Scenarios

Investing in Renewable Energy in Azerbaijan: A Valuation of Three Alternative Investment Scenarios The government of Azerbaijan has expressed ambitious plans to ramp up the share of electricity gen-erated from renewable and alternative energy. Currently, most electricity in Azerbaijan is produced from fossil fuels, including natural gas. Beyond being the source of almost all electricity produced in Azerbaijan, oil and gas exports form the backbone of the Azerbaijani economy–making... Read More

Call for Applications: CESD Summer Internship Program in Azerbaijan

Call for Applications: CESD Summer Internship Program in Azerbaijan The Center for Economic & Social Development (CESD) is pleased to announce the opening of the CESD Summer Internship Program. An Internship opportunity for the period June 17th- September 15th, 2019. The offer is valid for local and international applicants. The internship opportunity will last up to 3 months with the possibility of extension. Requirements: – Students from International or Azerbaijan-based... Read More

Comparative Study of the Automotive Industry in Azerbaijan

Comparative Study of the Automotive Industry in Azerbaijan This article analysis Azerbaijan’s automotive market pre and post oil price shock, specifically focusing on two factors is undermining the market, as well as preventions for future development. Firstly, a sole dependency on oil, as major part of Azerbaijan’s economy, which is a common characteristic for high level of oil exporting countries. Secondly, currency’s instability post oil shock. There are several reasons... Read More