The Economy of Azerbaijan in 2017: Assessment and Recommendations

The Economy of Azerbaijan in 2017: Assessment and Recommendations The year 2017 posed severe challenges for the economy of Azerbaijan, as it experienced a 3.1% decline in 2016, its first negative GDP growth since 1995. According to initial estimations of EBRD, the economy was expected to experience another negative GDP growth equal to 0.5% in 2017. However, The State Committee of Azerbaijan Republic has announced 0.1 % positive growth in GDP in 2017.... Read More

Azerbaijan Economy in the first eight months (January-August) of 2017; Brief Overview

Azerbaijan Economy in the first eight months (January-August) of 2017; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first eight months of 2017. Both independent and official reports show that GDP declined in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased by 1.1 % in January-August of 2017 compared with the period of 2016 since CESD... Read More