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

The Ambassador of Switzerland has visited the CESD

The Ambassador of Switzerland has visited the CESD The Center for Economic & Social Development welcomed H.E. the Ambassador of Switzerland to Azerbaijan Philipp Stalder on 22 February, 2017. This first visit of his Excellency to the think tank let the team of CESD introduce the structure of the center, mission and research papers that they are conducting. Dr. Vugar Bayramov provided an analysis of the current financial and economic situation... 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

ENERGY SECURITY AND ENERGY UNION PERSPECTIVES IN AZERBAIJAN

ENERGY SECURITY AND ENERGY UNION PERSPECTIVES IN AZERBAIJAN Annual Meeting of Working Group 3 “Environment, climate change and energy security” was taken place in Brussels, Belgium on September 14th, 2016. Dr. Vugar Bayramov, CESD Chairman, had presentation energy security and energy union perspectives for Azerbaijan in the panel titled as “Mapping the Route for EaP Countries and the EU Cooperation within the Energy Union”. CESD Chairman addressed... 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

The Changing Geopolitics of the Caucasus Region

The Changing Geopolitics of the Caucasus Region A joint conference organized by The Georgian Foundation for Strategic and International Studies (GFSIS), The Carnegie Endowment for International Peace and the Friedrich-Ebert-Stiftung (FES) on June 28th-29th, 2016 in Tbilisi, Georgia with participation of representatives from leading think tanks, government and international institutes. Dr. Vugar Bayramov, chairman of CESD, had speech on perspectives... Read More

CESD offers a tax exemption for e-trade

CESD offers a tax exemption for e-trade The 5th Tax Forum was taken place in Baku, Azerbaijan on February 10th, 2016. Chairman of the Center for Economic and Social Development (CESD) Vugar Bayramov, who addressed the forum, has proposed to exempt e-commerce within the country from VAT. “The matter rests in entrepreneurs who sell their products only through the Internet,” he said. He also noted that it is possible to set a limit in the amount... Read More

The Road Map of an Anti-Crisis Strategy in Azerbaijan

The Road Map of an Anti-Crisis Strategy in Azerbaijan Written by Dr. Vugar Bayramov The current economic policy, including the monetary policy needs to be compatible with post-oil or crisis period. Presently there are two major priorities in economic policy of government and the Central Bank: to constrain inflation and prevent or delay potential variations in the exchange rate of national currency. These priorities are important, however they are... Read More

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