The first paper is on the oil boom in Azerbaijan, which presents a unique opportunity to speed up the development … macroeconomic stability and achieve fiscal sustainability is required. The second paper is on Azerbaijan's managed exchange rate …

Azerbaijan over 2002-2013. The dealership model of Ho and Saunders is applied, supplemented by market structure and macroeconomic … environment variables, to assess the extent to which high spreads of banks in Azerbaijan can be related to bank-specific variables …

This Selected Issues reviews economic development in Azerbaijan during 1995–99. The Azerbaijan authorities began to …

This study aims to analyse the discretionary fiscal policy of Azerbaijan, Kazakhstan, and Russia for the period 2003 … defines the discretionary fiscal position and the aggregate demand effect of fiscal policy. The SBBs in Azerbaijan and Russia … demonstrate that fiscal policies tend to be mainly procyclical in Kazakhstan and Russia. Azerbaijan conducted a counter …

We investigate non-oil sector effects of fiscal policy in Azerbaijan over a long time period in which a recent low oil …