The year 2020 posed an unprecedented challenge to the World economy with the outbreak of the Covid-19 pandemic shrinking the global GDP by 6,7 % and bringing worldwide severe economic repercussions. Economic recovery is in continuation process in which the non-hydrocarbon sector acts as the main driver with a strong contribution of the oil and gas sector as well coupled with the rising demand for, and price of, oil that can further strengthen overall economic performance, however risks in the scenario are vivid.
Center for Economic and Social Development
Caspian Plaza, 3rd Block, 14th floor. J.Jabbarli str. 44, Baku, AZ1065, Azerbaijan
(99412) 5943665
info@cesd.az
Mon – Fri 9:00A.M. – 6:00P.M.