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