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 indicators affected by the local currencies’ devaluations. It will be suggested that... Read More

SOCIAL ECONOMY FOR AZERBAIJAN: A KEY COMPONENT OF SUSTAINABLE DEVELOPMENT?

SOCIAL ECONOMY FOR AZERBAIJAN: A KEY COMPONENT OF SUSTAINABLE DEVELOPMENT? The paper aims to bring readers’ attention to the Social Economy as an alternative economic system and reanimate the development of a Social Economy sector in Azerbaijan. At the moment, the term Social Economy does not have a fixed definition and, therefore, this study tries to provide an explanation of it. Moreover, this paper describes the implications and benefits of the... Read More