Azerbaijani Oil Income in February 2017

Azerbaijani Oil Income in February 2017 The State Oil Company of Azerbaijan Republic (SOCAR) reports that the company exported 79,841 thousand tons of crude oil from the Russian port of Novorossiysk, 349,272 thousand tons of crude oil from the Georgian port of Supsa and 1,323 million tonnes of crude oil from the Turkish port of Ceyhan in February 2017. According to the SOCAR’s report 159,777 thousand tons of crude oil were exported from the Russian... Read More

CESD Report: The unexpected revenge of manat in Azerbaijan: what is going on in currency markets?

CESD Report: The unexpected revenge of manat in Azerbaijan: what is going on in currency markets? The rapid appreciation of the national currency manat over recent days has created a shock effect across the local population. Everyone, including the participants of the currency markets are trying to understand the causes driving the existing developments in the value of currencies. The current situation has even left local economists puzzled, who are... Read More

EaP Think Bridge: The January 2017 Assessment Report

EaP Think Bridge: The January 2017 Assessment Reports “EaP Think Bridge” monthly analytical digest has been published. CESD, Azerbaijan has contributed the Azerbaijani version of the report. As the digest has underlined that unified by the Eastern Partnership policy, the countries are mainly focused on the cooperation with European institutions. At the same time, they disregard the substantial potential of the partnership within the region.... Read More

Ambassador of Germany visited the CESD office

Ambassador of Germany visited the CESD office The Ambassador of Germany to Azerbaijan H.E. Michael Kindsgrad visited the Center for Economic & Social Development (CESD) on January 25, 2017. The new post of his excellency to Azerbaijan was the reason of his visit to CESD, in order to meet in person the staff of the center and to explore possible cooperation prospects. The long collaboration with German institutions as Konrad-Adenauer-Stiftung... Read More

CESD Research Paper: Feasibility study on the Deep and Comprehensive Free Trade Area (DCFTA) between Azerbaijan and the European Union

CESD Research Paper: Feasibility study on the Deep and Comprehensive Free Trade Area (DCFTA) between Azerbaijan and the European Union The trade relations between Azerbaijan and the European Union are a substantial part of enhancing economic and political relations among both parties. Recent years have been characterized by an expansion of the trade volume between two parties; the EU turned out to be Azerbaijan’s biggest trade partner, in terms... Read More

Azerbaijan Economy in the First Eight Months of 2016; Brief Overview

Azerbaijan Economy in the First Eight Months of 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first eight 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 3.1 % in the first eight months in 2016 since CESD calculations found out 3.9 % decline... Read More

Bloomberg: Azerbaijan’s Banks Halt Foreign-Currency Sales as Crisis Deepen

Bloomberg: Azerbaijan’s Banks Halt Foreign-Currency Sales as Crisis Deepens Vugar Bayramov: “The manat will continue to lose as long as demand for the dollar exceeds offer by many times at auctions organized by the central bank”. Banks in the Azeri capital completely halted foreign-currency sales as demand by businesses and households soared and the manat continued to depreciate against the dollar. None of the 15 lenders visited in central... Read More

Vugar Bayramov: ‘The use of differential VAT will stimulate the development of priority sectors’

Vugar Bayramov: ‘The use of differential VAT will stimulate the development of priority sectors’ In September, must be prepared a strategic plan for economic reforms Road Map and we hope that some of our proposals will be taken into account, the head of the Center for Economic and Social Development Vugar Bayramov told Turan. – My organization has prepared a package of proposals on reforms in different sectors of the economy, and we have... Read More

CESD’s independent inflation rate was announced

CESD’s independent inflation rate was announced CESD- Center for Economic and Social Development concluded its macro-economic survey results including price collection for the April in 2016. According to the CESD price collection survey which covers the capital city and selected districts in rural Azerbaijan, annual inflation was 15.3 % in April 2016. Monthly inflation in April was 1.1 % compared to the previous month. Meanwhile, the State Statistics... Read More

CESD Spring Internship Program

CESD Spring Internship Program The Center for Economic & Social Development (CESD) is pleased to announce an Internship opportunity for the months of April-May-June-July. The offer is valid for local and international applicants. The internship opportunity will last up to 4 months period with possibility of extension. Requirements: – An academic degree from International or Azerbaijan based educational institutions – Background... Read More

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