Should Azerbaijan say “no” to the Nabucco pipeline project?

Vugar Bayramov: ‘ It doesn’t seem realistic to find an alternative to the Nabucco project neither in an economic nor political sense.’ The Nabucco gas pipeline agreement will be signed on June 6th. From the report of the Turkish Energy and Natural Resources Minister Taner Yildirim, it is obvious that Azerbaijan will not participate. The minister anounced that, the companies OMV (Austria), ‘BOTAŞ (Turkey), “Bulgargaz” (Bulgaria), “Transgaz”( Romania), “Mol Natural... Read More

CESD concerned over Azeri budget’s reliance on oil revenues. $12.1 billion will be transferred from the Oil Fund to the State Budget in 2011 alone.

The amendments and addenda introduced to Azerbaijan’s 2011 budget will increase the reliance of the country’s main financial document on oil revenues the Center for Economic and Social Development (CESD) announced. The CESD indicated that the initial version of the state budget envisioned a 6,8 billion manat ($ 8,6 billion) transfer from the State Oil Fund (SOFAR), which holds Azerbaijan’s revenues from crude exports. However, with the approval of the latest changes, an... Read More

CESD International Civil Society Forum Held in Baku

Center for Economic and Social Development (CESD) with support of European Commission and Management Center of Cyprus held International Civil Society Forum in Baku, Azerbaijan on May 19th, 2011 with participation of representatives of civil society institutes, state agencies, international community, embassies, mass-media and academia.  Vugar Bayramov, chairman of CESD, opened International Forum and he mentioned that the main purpose of the event to analysis problems civil... Read More

Azerbaijan’s budget revenue increases $1,26 billion reaches $ 16,6 billion After CESD Recommendations the Government of Azerbaijan decided to make amendments to 2011 State Budget

Government of Azerbaijan (GoA) announced  that amendments to 2011 State Budget will be made the mid of May, 2011.  Center for Economic and Social Development (CESD) declared on March 26, 2011 that amendments on State Budget should be made and the center sorted out impacts of such amendments (for more information about CESD Declaration in Azeri, please visit ). The Ministry of Finance announced that drafting amendments to the State Budget for 2011... Read More

CESD included in Harvard University Directory

The prestigious US university, Harvard University, has added the Center for Economic and Social Development (CESD) into its official think tank directory.  The John F. Kennedy School of Government at Harvard University has released information about it.  Moreover, the name of CESD has been posted on the university website: CESD is the first and only Azerbaijan organization that has been included... Read More

Monitoring of Construction of Central Asia’s major railway project involving Azerbaijan, Georgia, and Turkey

The Center for Economic and Social Development (CESD), with the support of Partnership for Transperancy Fund (PTF) has begun monitoring the costs of the Baku-Tbilisi-Kars railway project which is financed by the State Oil Fund. According to the report of CESD the project will last for 14 months and the goal of it is to increase the impact of oil revenues on the Azerbaijan economy and to find ways to use them effectively. During the mentioned period a monitoring group will be created... Read More

Azerbaijan Economy in the first quarter of 2011; Comparative Analysis

Center for Economic and Social Development (CESD),leading economic think tank in Azerbaijan, developed main economic-figures of the first quarter of 2011. According to the State Statistic Committee of Azerbaijan Republic, overall the country’s economy has risen by 1.6 % since CESD estimation is 0,4 %. The non-oil sector has risen by 5.6 % and for the CESD calculation is 3,4 %; industrial production has risen by 0.3 percent, the center did observe any growth in this direction. ... Read More

Trading Places in the Eastern Partnership

PASOS/LGI seminar on Trading Places in the Eastern Partnership: Economic integration and trade liberalization in EU relations withMoldova, Georgia, and Azerbaijan,” was held on April 12 in Brussels. 3 expert groups from Azerbaijan, Georgia and Moldova had EU integration papers’ presentations in the seminar. Each presentation was  followed by a panel discussion and question-and-answer session. The studies were undertaken as part of the PASOS Policy Think Tank Bridging... Read More

CESD Paper to be Presented in Brussels

Trade experts representing PASOS think-tanks will present three new policy briefs at “Trading Places in the Eastern Partnership: Economic integration and trade liberalization in EU relations with Moldova, Georgia, and Azerbaijan,” on April 12 seminar to be held in Brussels. The three briefs and their presenters are: – Sector Policy Convergences in Trade and Customs Areas in Azerbaijan to support EU Eastern Partnership Initiative; Vugar Bayramov and Tim... Read More

CESD Anti-Corruption Strategy for the Republic of Azerbaijan

In the interest of fighting against corruption in an effective and enduring way, the implementation of comprehensive measures is extremely important. As such, the package of anti-corruption measures prepared by the Center for Economic and Social Development (CESD) has been developed to strengthen the fight against corruption and bribery and to achieve long-lasting results. Download  Read More