This article analyzes the resources used during the Karabakh war. The Karabakh war shows that modern technological war is very expensive and destructive. The war is costly, especially, the financial burden of the current technological wars has increased significantly compared to the past. In...

On December 29, 2020, the Draft Law on the State Budget of the Republic of Azerbaijan for 2021 was voted and approved by the Milli Majlis of the Republic of Azerbaijan. According to the adopted law, the main indicators of the state and consolidated budgets are as follows: Revenues of the state...

In 2022, 207.2 million manats were allocated from the state budget to finance international, country-level, and other similar events by the official Baku, and 207 million manats were forecasted for this purpose in the 2023 budget. The practice of financing international events at the expense of...

Since 's second military intervention in Ukraine, Western sanctions, increasing war costs, and rising energy prices have significantly impacted the Russian economy. It is not easy to evaluate these effects in the short term unequivocally as negative or positive. This paper summarises the gains...

English Abstract: In the monograph, in addition to the comparative analysis of the privatization experience of foreign countries with Azerbaijan, the redistribution of property rights in the post-privatization period, corporate management and control models, the development dynamics of the...

Economic cooperation between the West and Azerbaijan is mainly based on the energy sector. Currently, to ensure the consistency of foreign investments and the sustainability of oil and gas revenues, the main task facing the Azerbaijani authorities is to increase the supply of gas to Europe and...

As of June 1, 2023, 24 banks are operating in Azerbaijan, 2 state and 22 commercial banks. Concentration in the banking system is high. One factor determining the increase of concentration on the financial market as a whole and the decrease of competitiveness in the banking market is the...

The year 2022 in Azerbaijan, as in the previous year, passed under inflationary pressures and the trend of the impoverishment of the population, although changes in prices in the energy market during the year created favorable conditions for Azerbaijan to increase its resource and transit...