CESD has become part of the G20 Think Summit

CESD has become part of the G20 Think Summit Center for Economic and Social Development (CESD) has become part of the G20 Think Summit network. CESD is single think tank from the region that contribute to the G20 Think Summit work to provide 20 Global Solutions for the G20. The summit is mandated by the German G20 Presidency. The summit focuses on G20 topics, such as the digital economy, climate policy and finance, or migration and refugees and convey... Read More

The Silk Road Economic Belt: Implications for Azerbaijan

The Silk Road Economic Belt: Implications for Azerbaijan Friedrich-Ebert-Stiftung with the Levan Mikeladze Foundation organized the conference titled as “The Silk Road Economic Belt: The South Caucasus Perspective” on May 19th, 2017 in Tbilisi, Georgia. The conference discussions were organized on following questions: • Could the Silk Road Economic Belt act as a regional binder, or might it become a regional divider and feed into... Read More

Despite Market Woes, Oil Supply Cut Extension Still On The Table

Despite Market Woes, Oil Supply Cut Extension Still On The Table Vugar Bayramov: “The OPEC-led move to drain the oil glut in global markets failed to bring desired results” Oil producing countries, including those in the Caspian region, are still deliberating whether or not to extend a multilateral agreement reached last year that required cuts to production over the first six months of 2017. “Consensus is building, but it is not done yet. We... Read More

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

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