CESD Research Paper: Higher Oil Price: Sustainable or Temporary Economic Growth?

CESD Research Paper: Higher Oil Price: Sustainable or Temporary Economic Growth? The purpose of the research is to demonstrate the influence of oil price change on Azerbaijan as a whole in order to provide the explanation for the major developments of economic and social policies. Furthermore, the paper studies the impact of increasing and stabilizing oil prices on Azerbaijan Economy after the second half of 2016. It presents a macroeconomic analysis... Read More

Azerbaijan Economy in the first nine months (January-September) of 2017; Brief Overview

Azerbaijan Economy in the first nine months (January-September) of 2017; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first nine months of 2017. Both independent and official reports show that GDP declined in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased by 0.6 % in January-September of 2017 compared with the same period of 2016 since... Read More