budget

2021 State Budget of Azerbaijan: Independent View

2021 State Budget of Azerbaijan: Independent View Restoring its territorial integrity, the Republic of Azerbaijan has entered a new era. The state authorities have to carry out restructure and infrastructure building tasks in the liberated territories to provide energy, utilities, transport infrastructure, and create conditions for life and business of citizens returning to their native […]

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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.

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budget

Amendments to state budget of Azerbaijan for 2020: Reasons and Expectations

Amendments to state budget of Azerbaijan for 2020: Reasons and Expectations Nowadays, global economic growth has been severely affected beyond anything passed in nearly a century. The outbreak of the coronavirus disease has brought its negative impact and destructive outcome on the economies alongside with the sharp fluctuations in global energy and stock markets. There […]

Sactions-Russia

Collateral damage: The Western sanctions on Russia and the evaluation of implications for Russia’s post-communist neighbourhood

Collateral damage: The Western sanctions on Russia and the evaluation of implications for Russia’s post-communist neighbourhood This paper reviews the Western sanctions on Russia and endeavours to evaluate the medium-term implications of these sanctions for post-communist neighbours of Russia. Growth spillovers are examined via VAR model. This model reveals that the Western sanctions against Russia […]

Baku-oil_site

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 […]

On-line Panel Baku_May_2020

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 […]