OECD

Azerbaijan: economy trapped to the Caucasus. The next 15 years between the Russian Federation, Turkey and Iran

Azerbaijan: economy trapped to the Caucasus. The next 15 years between the Russian Federation, Turkey and Iran OECD has published CESD Research Organization for Economic and Cooperation and Development (OECD) has published “Beyond Shifting Wealth: Perspectives on Development Risks and Opportunities from the Global South” Book. CESD Research Team’s article was included to the publication, […]

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.

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oil_last

Azerbaijani oil output: In permanent decline?

Azerbaijani oil output: In permanent decline? The State Statistics Committee of Azerbaijan has reported that the country produced 12.6 million tons of oil in the first four months of 2017 that was by 9.5% less compared with the period of 2016. Oil stocks as of 1 May 2017 reached 414,700 tons against 629,300 tons by […]

EBRD

EBRD forecasts economic downturn in Azerbaijan in 2017

EBRD forecasts economic downturn in Azerbaijan in 2017 Full report is available The European Bank for Reconstruction & Development (EBRD), which published today the Regional Economic Prospects, has reported that in 2017 economic decline in its operations region will be only in Azerbaijan and Belarus. According to the EBRD, this year Azerbaijan’s GDP will decrease […]

valyuta_deyishme_menteqesi

The Currency Market in Azerbaijan: Realities, Volatility and Perspectives

The Currency Market in Azerbaijan: Realities, Volatility and Perspectives The dollar /manat spot exchange rate specifies how much one currency, the US dollar, is currently worth in terms of the other, the manat . On the first of February 2017, the exchange rate of the national currency of Azerbaijan, the manat, hit a new record […]

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 […]