Posted by Administrator on November 20, 2016 · Leave a Comment
Azerbaijan Economy in the First Ten Months of 2016; Brief Overview
CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first ten months in 2016. Both independent and official reports show that GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased 3.7 % in the first ten months in 2016 since CESD calculations found out 4.1 % decline in... Read More
Posted by Administrator on January 29, 2016 · Leave a Comment
CESD Research Paper: The Economy of Azerbaijan in 2015: Independent View
In 2015, the expansion of the US economy accompanied with improved employment rates led the FED to switch to contractionary monetary policy. On the other hand, the second largest economic power-China encountered a lower long-term economic growth rate with a fall in exports, and thereby adversely affecting global economic activity. Moreover, the rapid decline of prices in global... Read More
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Posted by Administrator on September 10, 2015 · Leave a Comment
Fitch Rating’s Forecasts for Azerbaijan Economy
Fitch Rating has published today its forecasts for the economic situation in Azerbaijan for 2015-17. The report of Fitch’s senior director Paule Gamble says that by the end of 2015 the GDP growth rate is projected to be 2.3%, for 2016 – 2.7%, and for 2017 – 3%.
By the end of 2015 Fitch expects inflation in Azerbaijan at the level of 5.5% (optimistic scenario), in 2016 – 5%, and in 2017... Read More
Posted by Administrator on January 27, 2015 · Leave a Comment
2015 Growth Forecast for Azerbaijan Adjusted
The European Bank for Reconstruction & Development (EBRD) has announced Regional Economic Prospects 2015. The Bank has adjusted its official growth forecast from 3.0 % to 1.5 % in 2015. The Bank has reported that Azerbaijan has “suffered” because of its dependence on hydrocarbons whose prices have fallen. At that, the ERBD is confident in the country’s sustainability to external shocks and... Read More
Filed under News · Tagged with 2015 Growth Forecast for Azerbaijan Adjusted, 2015 oil output, 2015 oil price, Azerbaijan Economy, Azerbaijan economy 2014, Azerbaijan economy 2015, Azerbaijan GDP 2014, Azerbaijan GDP 2015, Azerbaijan oil output, Azeri oil income, Azeri Oil Production, GDP Forecast 2015, growth 2015, Growth Forecast 2015, oil price 2015, oil price in Azerbaijan
Posted by Administrator on December 30, 2014 · Leave a Comment
Assessment of Effect of Declining Oil Prices on Azerbaijan Economy
The main goal of the study is to assess how oil price decline in the world market will potentially impact Azerbaijani Economy. The paper specifically looks how last changes in the world market will effect on both revenue and expenditure sides of the state budget. The study also examines “side impact” and “domino effects” of low oil prices.
As an oil exporter country Azerbaijan... Read More
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