Economic realities of the Russian-Ukraine conflict

Economic realities of the Russian-Ukraine conflict Getting into the Crimea, Russia did settle not only “va-bank” in the geopolitical relations with The West but also tried to create new game rules on the economic plane in the region. Of course, Moscow was warned beforehand it would face economic and as well as political sanctions. Though the West repeatedly informed Russia about such issues before the conflict even started Moscow initiated such... Read More

Azerbaijan Economy in 2012; expectations and challenges

Azerbaijan Economy in 2012; expectations and challenges Official forecasts for Azerbaijani economy in 2012 seem quite optimistic. According to Ministry of Economic Development reports although downturn in world economy. The Government of Azerbaijan (GoA) targets 5,7 % GDP Growth in 2012 meanwhile The Central Bank’s monetary policy is announced keeping inflation to single digits. Meanwhile, International Monetary Fund (IMF) projected at 7,1 % Azerbaijan’s... Read More