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Structural budget balances in oil-rich countries: The cases of Azerbaijan, Kazakhstan, and Russia

Ahmadov, Vugar; Sarkarli, Ulvi; Rahmanov, Ramiz - 2018

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 …

Persistent link: https://www.econbiz.de/10012049275

Overview of financial inclusion, regulation, financial literacy, and education in Central Asia and South Caucasus

Morgan, Peter J.; Zhang, Yan; Kydyrbayev, Dossym - 2018

Financial inclusion and financial literacy are receiving increasing attention for their potential to contribute to economic and financial development while fostering more inclusive growth and greater income equality. In general, the progress of financial inclusion and financial development in...

Persistent link: https://www.econbiz.de/10011944262

The impact of oil price shocks on oil-dependent countries' currencies: The case of Azerbaijan and Kazakhstan

Czech, Katarzyna; Niftiyev, Ibrahim - In: Journal of Risk and Financial Management 14 (2021) 9, pp. 1-13

volatility. The study applies the structural vector autoregressive (SVAR) model. The paper concentrates on Azerbaijan and …

Persistent link: https://www.econbiz.de/10013201115

Russia's war on Ukraine and the rise of the Middle corridor as a third vector of Eurasian connectivity: Connecting Europe and Asia via Central Asia, the Caucasus, and Turkey

Eldem, Tuba - 2022

Among the many significant geopolitical consequences of Russia's war against Ukraine has been the reinvigoration of the Middle Corridor, both as a regional economic zone comprising Central Asia, the Caucasus, and Turkey but also as an increasingly attractive alternative route between Europe and...

Persistent link: https://www.econbiz.de/10013462634