Social consequences of the oil price shock in the resource rich post-soviet countries

Social consequences of the oil price shock in the resource rich post-soviet countries This study seeks to determine the impact the fall in global oil prices post-2014 had on the welfare of the populations of three resource-rich post-Soviet states: Russia, Kazakhstan, and Azerbaijan. Changes in welfare will be explored through the analysis of several socio-economic indicators affected by the local currencies’ devaluations. It will be suggested that the single-commodity export... Read More

World Economy in the Post-Coronavirus Period

World Economy in the Post-Coronavirus Period While the world is preoccupied with Covid-19, thoughts are beginning to shift to the economy. When will recovery occur? Which economic sectors will bounce back quickly and which will struggle? Will business practices be forever changed? To help answer these and other questions, the U.S. Embassy is proud to invite you to a virtual panel discussion with two of Azerbaijan’s preeminent economic thinkers – Vugar Bayramov, Member of Parliament... Read More