oil_fund

Is Azerbaijani Oil Fund’s 2015 budget realistic?

Is Azerbaijani Oil Fund’s 2015 budget realistic? The budget of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for 2015 has been approved. SOFAZ’s income is expected to be 10, 246 billion manat ( $13,136 billion US) meanwhile the expenditure will be 11, 814 billion ($ 15,146 billion US) in 2015 according to […]

About CESD

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.

News

economy_last

2015 Growth Forecast for Azerbaijan Adjusted

Share2015 Growth Forecast for Azerbaijan Adjusted The European Bank for Reconstruction & Development (EBRD) has announced Regional Economic Prospects 2015. The Bank has adjusted its official growth forecast from 3.0 % to 1.5 % in 2015. The Bank has reported that Azerbaijan has “suffered” because of its dependence on hydrocarbons whose prices have fallen. At […]

think_tank

CESD was ranked as the top think tank in Central Asia and Southern Caucasus

ShareCESD was ranked as the top think tank in Central Asia and Southern Caucasus The University of Pennsylvania’s (UPenn) Think Tanks and Civil Societies Program announced rankings of the leading public policy research organizations in the world in their annual Global “Go-To Think Tanks” report on January 22, 2015. The report was submitted at United […]

Oil Well Pumps

Azerbaijani Oil Export in 2014: Brief Overview

ShareAzerbaijani Oil Export in 2014: Brief Overview 2014 was marked by a sudden decline in oil prices in the world market. As an oil exporter country, Azerbaijan started feeling effects of a sharp fall in oil revenue after oil price decline in the world market owing to decline of the country’s oil income. In spite […]

azerbaijan_economy

Azerbaijan Economy in 2014

ShareAzerbaijan Economy in 2014 Decline of oil price in the world market was the main character of Azerbaijan economy in 2014. As an oil exporter country, Azerbaijan might face the effects of a sharp fall in oil revenue after oil price decline in the world market. Azerbaijan is heavily dependent on oil and natural gas […]