Some take advantage of war, some just want peace

Some take advantage of war, some just want peace There was said a lot about the fact that the Nagorno-Karabakh conflict is going on. Because of this conflict, the development of the entire region has been hindered, and apparently, this conflict is profitable for someone. However, the economic side of the issue has been discussed but a little since the conflict. The question of what Armenia, Azerbaijan, and the entire South Caucasus have lost due to... Read More

The Program of Social Market Economy Conference

The Program of Social Market Economy Conference The program of  the “Policy Options for Social Market Economy: National and International Perspectives” International Conference, will be taken place in Baku, Azerbaijan on  April, 09, 2013, is now available.. The international event is organized by the Center for Economic and Social Development (CESD), Konrad-Adenauer-Stiftung and Qafqaz University and working languages of the conference are English... Read More

Call for Papers: CESD Spring International Conference

Call for Papers: CESD Spring International Conference The CESD is pleased to invite all interested scholars to submit their abstracts to the CESD Spring Conference titled as “Policy Options for Social Market Economy: National and International Perspectives”. The conference will be taken place in Baku, Azerbaijan on  April, 08, 2013. The international event is organized by the Center for Economic and Social Development (CESD), Konrad-Adenauer-Stiftung... Read More

CESD forecasts a slowdown in economic growth in Azerbaijan

CESD forecasts a slowdown in economic growth in Azerbaijan The Center for Economic and Social Development (CESD) has adjusted its previous forecast of 3.7 % GDP growth in 2012 to 2.1 % after finalizing CESD Surveys Results for the first 8 months of 2012. The center also forecasts 5.2 % growth in the non-oil sector while the Azerbaijan government still targets 9.0 % growth in 2011. CESD reports that the inflation rate in Azerbaijan is expected to be... Read More

CESD Seminar on Local Economic Development: Analysis, Practices and Globalization

CESD Seminar on Local Economic Development: Analysis, Practices and Globalization Center for Economic and Social Development (CESD), Azerbaijan is pleased to invite all interested scholars to attend next CESD Seminar on Local Economic Development: Analysis, Practices and Globalization at 6.o0 p.m. on September 25th, 2012 in the CESD office (Dilara Aliyeva 115, Baku). Speaker of next seminar is Professor Leonidas  A. Papakonstantinidis,  from School... Read More

CESD became official partner of Krynica Economic Forum

CESD became official partner of Krynica Economic Forum Center for Economic and Social Development (CESD) became official partner of Krynica Economic Forum taken place 4-6th, 2012 in Krynica, Poland. CESD is the first and single think tank from the region which became Economic Forum’s official partner. More than 2000 delegates will be able to attend more than 100 panels in Krynica early September. The forum will be able to engage Mikheil Saakashvili... Read More

CSO Sustainability Index Presented in Baku

CSO Sustainability Index Presented in Baku CESD-Center for Economic and Social Development presented CSO Sustainability Index with participation of representatives from government, civil society, international organizations and mass-media on July 13, 2012 in Baku, Azerbaijan. The report that covered 29 countries analyzes the situation of NGOs in Eurasia. According to the Center for Economic and Social Development (CESD), co-author of the report, the... Read More

Is SOCAR investment effecient?

Is SOCAR investment effecient? Most of the funds received by Azerbaijan’s state energy firm Socar from the placement of Eurobonds in the amount of $500 million were spent to pay the assets in Switzerland, purchased from Exxon Mobil, a Socar official told the Baku-based Trend news agency. Socar signed an agreement with Exxon Mobil to acquire its Swiss branch, Esso Schweiz GmbH, in November 2011. The company will operate under the brand name Esso... Read More

Did foreign trade turnover exceed GDP in Azerbaijan?

Did foreign trade turnover exceed GDP in Azerbaijan? CESD confirms that Official State Statistics Committee Figures Contradict Reality According to Khalid Mikayilov , an economic expert at the Center for Economic and Social Development (CESD), the State Statistics Committee’s data on foreign trade turnover contradicts that of the Central Bank of Azerbaijan and belies economic reality. Basic economic principles and real-world experience demonstrate... Read More

SOCAR Incurs Huge Debt, Raises Questions

SOCAR Incurs Huge Debt, Raises Questions CESD experts question the decision of SOCAR to incur long-term debt by issuing Eurobonds The State Oil Company of Azerbaijan (SOCAR) has completed the placement of debut issue of Eurobonds in London. The overall volume of orders applied by 290 investors made $4.6 billion.  The profitability of the initial placement of Eurobonds makes annual 5.45%. The date of payment for the initial issue is 9 February 2017. Eurobonds... Read More

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