Recently it has become popular among oil-producing countries to establish oil revenue funds, which are believed to stabilize the economy. However their effectiveness is still under debates. The objectives of this paper to determine what makes funds effective in oil-producing countries. The...

The purpose of this article is to show the importance of tourism industry, indicate the current situation of tourism in Azerbaijan, show the current situation in the regions, the current policies and strategies for tourism, and in the conclusion to give proposals for future development of...

This article has investigated the trend of human development in the Azerbaijan Republic. It was accordingly analyze indices subgroups affecting human development, and compared the average for the countries of the Caucasus, the CIS and the world. It was also summarized the factors affecting human...

The necessity of creating a system of early warning of earthquakes early in order to minimize economic losses.The methodology is based on the use of robust noise technology to process seismic signals recorded in mothballed wells.The technology of processing seismic-acoustic information to create...

Economy and ICTsystem analysis, economic and mathematical modeling, economic and statistical methodsPerfection of assessment methods of ICT impact on the economy and determination of economic development directions basing on ICT

Equitable and quality education provision is widely recognized as an integral part of socio-economic development. Current theories propose different approaches for explaining the impact of education, and of early-childhood education in particular, on economic development. Despite opposition to...

The objective of the study is building and using macroeconometric model which ensures analyzing and forecasting the (short run) impacts of various policy measures and external shocks, particularly changes in the oil price, foreign price and income on the Azerbaijani economy.Cointegration and...

In the article, valuing of the existing situation of export multiplication in the Azerbaijan Republic has been analyzed. Non-oil sector has not enough pay in the general export of country that enables us to say that there stıll exıst bıg problems. Although non-oil sector has a high export...

Competitiveness is considered to be the main factor for achieving the success in market economy. Because, the main goal of any commercial organization is to expand its business in market, to make it robust and in worst case to stay in a stable condition without growth. In order to achieve this...

Natural resource dependence is believed to have potential impact on institutional development, and there is growing consensus in the academic literature that institutional weakness is central to the explanation of the negative effects of resource booms. Generally, the quality of institutional...