transportation

The Silk Road Economic Belt: Implications for Azerbaijan

The Silk Road Economic Belt: Implications for Azerbaijan Friedrich-Ebert-Stiftung with the Levan Mikeladze Foundation organized the conference titled as “The Silk Road Economic Belt: The South Caucasus Perspective” on May 19th, 2017 in Tbilisi, Georgia. The conference discussions were organized on following questions: • Could the Silk Road Economic Belt act as a regional binder, […]

About CESD

The Center for Economic and Social Development is a leading independent economic think tank in Azerbaijan. It's mission is to promote research and analysis of socio-economic issues in order to positively influence the public policy decision-making process.

News

Oil Well Pumps

Azerbaijani Oil Fund: Fiscal Consolidation, Volatility and Oil Wealth

Azerbaijani Oil Fund: Fiscal Consolidation, Volatility and Oil Wealth The execution of the State Oil Fund of Azerbaijan’s (SOFAZ) 2016 budget has been approved. According to a Presidential decree, SOFAZ’s revenue was 9.410 billion manat ($5.881 billion USD) and expenditure was 9.022 billion manat ($5.638 billion USD). Initially, SOFAZ’s revenue for 2016 was forecasted as […]

oil_fund

Azerbaijani oil export declined by 4.5 %

Azerbaijani oil export declined by 4.5 % Azerbaijan exported 5 million 374 thousand 87 tons oil through the Baku-Tbilisi-Ceyhan pipeline in the first four months of 2017. Meanwhile, 878 thousand 664 tons oil exported through Supsa and 489 thousand 206 tons by Novorossiyski. It means that Azerbaijan exported 6 million 741 thousand 959 tons oil […]

oil_last

The CESD Presentation: the State of Azerbaijan’s Economy

The CESD Presentation: the State of Azerbaijan’s Economy The CESD presented new file on the state of Azerbaijan’s economy which covers assessment of the current economy policy; reasons for sharp changes in the monetary policy; has the manat reached market value?; the state of the financial sector; macro-economic forecasts for 2017. Download Full Presentation File […]

OPEC

Despite Market Woes, Oil Supply Cut Extension Still On The Table

Despite Market Woes, Oil Supply Cut Extension Still On The Table Vugar Bayramov: “The OPEC-led move to drain the oil glut in global markets failed to bring desired results” Oil producing countries, including those in the Caspian region, are still deliberating whether or not to extend a multilateral agreement reached last year that required cuts […]