Managing Resource Revenues in Oil-Rich CAREC Countries: The Case of Azerbaijan

2021-12-07 11:02:00    CESD

The high inflow of oil revenues to Azerbaijan in recent years has led to large and unsustainable increases in government expenditures in the state budget and State Oil Fund of the Azerbaijan Republic. Given that oil revenues are exhaustible, volatile, and unpredictable, a sustainable fiscal policy must be enabled that allows for intergenerational equity, diversification in the economy, and predictable annual revenues that reduce pressures of appreciation. Download Full Paper Here

 Sector Policy Convergences in technical rules/standards and customs in Azerbaijan to support EU Eastern Partnership Initiative

The overall goal of this paper is to understand how Azerbaijan can converge its Trade and
Customs Policy with the European Union to meet the economic integration goals set in the
EU Eastern Partnership Initiative in Azerbaijan. More specifically, the paper is interested in
harmonizing standardization, Technical Barriers to Trade, and customs legislation with the
European Union. (Download the Paper).

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