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Azerbaijan is an oil rich country facing three severe problems at the same time: economic volatility, the need to … their effects on Azerbaijan's budgetary outcomes. But, more uniquely, we develop and apply some models to capture the long …
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Azerbaijan became the country among the post-soviet countries, that allocated the largest share of GDP, in order to … instability. This paper aims to demonstrate the challenges faced by Azerbaijan in the framework of the fight against a pandemic …
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The State Oil Fund of Azerbaijan is preparing for its 20th anniversary. However, there is nothing to celebrate: despite … and poor social services. Oil and gas revenues have brought neither improved welfare nor democracy to Azerbaijan …
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Azerbaijan has experienced robust economic growth during the past seven years, aided by its oil sector development … Azerbaijan is to design and implement a policy agenda that leads to poverty reduction and improves incomes as well as equity …-oil activities, or both. The basic conclusion and simple recommendation of this PER is that Azerbaijan follow a fiscal strategy …
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This study investigates the impact of social and physical infrastructure spending on the non-oil tradable and non-tradable sectors while controlling for non-oil capital stock and employment in the Azerbaijani economy for the period 1995-2014. The analysis employs the Engle-Granger and...
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