This paper discusses the status of financial inclusion, education, and literacy in Azerbaijan as well as measures to foster the development of SMEs, which currently have inadequate access to financial resources. The primary policy challenge faced by the government of Azerbaijan is defining its...

This paper discusses the status of financial inclusion, education, and literacy in Azerbaijan as well as measures to foster the development of SMEs, which currently have inadequate access to financial resources. The primary policy challenge faced by the government of Azerbaijan is defining its...

Different perspectives on economic reform in Azerbaijan have played an important role in the emergence of this article. There are two contradiction approaches in this regard. Officials say the reforms in the country are moving fast and yielding significant results. Some independent and...

As a result of the analysis of budget risks and macro-fiscal forecasting, the evaluation of the sustainability of budget revenues, as well as the transparency and efficiency of expenditures, it is clear that the 2020 budget contains at least 20 weak points. The presence of weak points reduces...

This research was conducted to examine the work of NGOs in difficult conditions. The research identified the boundaries of difficult conditions for NGOs in Azerbaijan, where a recent law put severe restraints on NGO activity both in and out of the country. These restricted activities were...

In this monitoring report the status of meeting OGI principles as well as compliance with the commitments in line with the SMART, ambitious level related to the adoption and implementation of "National Action Plan on Promotion of the Open Government Initiative for 2016-2018" have been studied....

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) regularly publishes quarterly and annual statements on revenues, expenditures, and assets. The statements are available to the public. What do they reveal about the Fund's investments and management strategies?In this publication, I would...

You may have heard of the term rentier state. It means that state budget of a resource-rich country comprises mostly of oil revenues, not taxpayer money or for-profit companies. The term has been used to describe Arab countries during the oil boom in the 1970s.In a rentier state, the level of...

One of the political effects of natural resource development is an increase in state budget resources directed at modernization. However, in Azerbaijan, infrastructure modernization has taken an odd turn: the government has been funding special interests rather than public needs. Instead of...

The State Oil Fund of Azerbaijan is preparing for its 20th anniversary. However, there is nothing to celebrate: despite huge spending, the country's role as an economic leader in the region is declining and people are suffering from poverty and poor social services. Oil and gas revenues have...