Vugar Bayramov: “In 2015, Inflation Projected at 10%”

Vugar Bayramov: “In 2015, Inflation Projected at 10%” The Central Bank of Azerbaijan on Monday decided to cancel binding AZN to the US dollar and the transition to the two-currency basket with dollar and euro in determining the rate of the national currency. This led to panic and hype among the population and queues of […]

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The Center for Economic and Social Development is a leading independent economic think tank in Azerbaijan. It's mission is to promote research and analysis of socio-economic issues in order to positively influence the public policy decision-making process.

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Expert: Azerbaijan will pay AZN 10 000 for the birth of girls

ShareExpert: Azerbaijan will pay AZN 10 000 for the birth of girls “It’s not such a big sum for the budget.” Azerbaijan to introduce a new system to encourage girls’ parents. Oxu.Az reports with reference to 1news.az that the statement came from the chairman of the Center for Economic and Social Development Vugar Bayramov. According […]

Azerbaijani Nominal GDP Declined by 18.0 %

ShareAzerbaijani Nominal GDP Declined by 18.0 % Azerbaijan’s nominal GDP in the first month of 2015 fell by 30.6% against December 2014 and by 17.9% against January 2014. The State Statistics Committee reports that in January 2015 Azerbaijan’s GDP totaled AZN 3.631 billion ($ 4.629 billion) that in comparable prices is by 4.4% more than […]

Cooperation in energy and security: partnership based on mutual interests

ShareCooperation in energy and security: partnership based on mutual interests Dr. Vugar Bayramov, Chairman of CESD, Azerbaijan had speech at the Azerbaijani Parliament on Energy Cooperation between Azerbaijan and USA which titled as “Cooperation in energy and security: partnership based on mutual interests” on February 14, 2015. The whole speech of Dr. Bayramov was as […]

New economic window for Baku-Ankara cooperation

ShareNew economic window for Baku-Ankara cooperation The energy cooperation is one of the core issues in bilateral relations of Azerbaijan and Turkey. The implementation of joint energy projects, such as TANAP, Baku-Tbilisi-Kars railway project is highly important in this regard. Turkey’s high-ranking official put an end to rumors in Baku that Turkish Stream, Ankara’s joint […]