Russia’s accession to the WTO on Azerbaijan Economy

Russia’s accession to the WTO on Azerbaijan Economy Workshop on the impact of Russia’s accession to the WTO on Azerbaijan economy was held in Baku, Azerbaijan on December, 2012 with financial and logistical support from GIZ, Germany with organizational support of Academic Director, Head of the Center for Economic Studies of the Institute for Economic Research and Policy Consulting, Ukraine, the Center for Economic and Social Development (CESD).... Read More

Azerbaijan Economy in the First Ten Months of 2012

Azerbaijan  Economy in the First Ten Months of 2012 Volume of industrial production was AZN 28.5 billion ($ 36,5 billion) in the first 10 months of 2012 as State Statistic Committee reported. Industrial production decreased by 3,9 % in reporting period compare with the same period of 2011. It was the main reason that Government of Azerbaijan (GoA) has adjusted its previous official forecast of 5.7 % GDP growth in 2012 to 2.5 % right Hence, it seems... Read More

Private Sector contributes less than 5 % of total export in Azerbaijan

Private Sector contributes less than 5 % of total export in Azerbaijan Total export was $ 8,4 billion in the first forth months of 2012 in Azerbaijan- State Customs Committee Reported.  4764 legal entities and individuals were dealing with export and import operations in Azerbaijan in January-April 2012. According to the Committee, of them 2,638 are legal entities and 2,125 are individuals. The state share in export operations over the past period... Read More

Azerbaijan’s foreign trade; Comparative Analysis

Azerbaijan’s foreign trade; Comparative Analysis The CESD report on Azerbaijan’s foreign trade analyzes challenges and current developments in this sector. The paper reviews how foreign trade relations changed particularly in terms of countries and commodities since the independency. Different sources are referenced in the report in order to comparatively illustrate existing circumstances in above mentioned sector. Download Full Paper Here    Read More

Azerbaijan Economy in the first eleven months of 2011

Azerbaijan Economy in the first eleven months of 2011 The State Statistic Committee reported that Gross Domestic Product  (GDP) increased 0,2 % in last eleven months of 2011 and reached to 45.5 billion manat ($ 58,3 billion). 54.9 % of value added produced in industry, 7.8 % – construction complex, 5.6% – agriculture, hunting and forestry, 5.2 % – transport, 7.9 % – trade and paid services, 1.7 % – communication, 11.0%... Read More