1. (Constitution article) Article 23. I. State symbols of the Republic of Azerbaijan shall be: the Republic of Azerbaijan Flag, the Republic of Azerbaijan Emblem, and the Republic of Azerbaijan National Anthem. II. The Flag of the Republic of Azerbaijan shall consist of three wide stripes. The upper stripe shall be of …
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WHY WOMEN CHOOSE COSMETIC SURGERY?
The notion of beauty has been playing important role in human being’s life since creation. Even genius, Greek philosopher Aristotle’s statement proves it: “Personal beauty is greater recommendation than any letter of reference”. (Patzer, 2008) Since our birth each person is approached on the basis of our physical appearance – …
Read More »Calculation methodology of CPI in Azerbaijan Republic- positive and negative sides
Consumer Price Index is one of the main indicators which are used in government’s economic and social policy. At economic policy CPI is mostly used for determination of main direction of monetary policy and price forecasting process as well. At social sphere CPI is widely used for determination of living …
Read More »An alternative approach to the inflation calculation in Azerbaijan
Why alternative approach? This question was answered in early 2000 by local research center working in Poland; in order to maintain the macroeconomic equilibrium. This is important not only for having the credible rate of inflation in the society, but also for adjusting the social and economic policy of the …
Read More »Social impacts of the inflation
Lately, there is a certain word that influences the life of all people and we sound several times a day: Inflation. It diffused into the life of everyone, from ordinary citizens to the entrepreneurs, from the unemployed to high-ranking officials. Now everyone “comes to agreement” with it about the activities …
Read More »Azerbaijan Seeks New Long-Run Equilibrium Amidst Post-Devaluation Financial Turmoil
Azerbaijan, the third largest oil producer in the Commonwealth of Independent States (CIS) after Russia and Kazakhstan, shifted to a floating exchange rate regime on December 21, 2015, triggered by a rapid fall in oil prices. For the long term Azerbaijan had almost a constant peg of the US dollar …
Read More »The OIC’s conflict resolution efforts: from outside efforts to active engagement
On December 2 an international symposium entitled, “OIC initiatives towards the resolution of Nagorno-Karabakh conflict: past efforts and future opportunities” was held at the Headquarters of the Organization of Islamic Cooperation (OIC) in Jeddah. It was co-organized with the support of the Embassy of the Republic of Azerbaijan to the …
Read More »Azerbaijan Increases Gas Production for Export
On June 3, the president of the State Oil Company of Azerbaijan Republic (SOCAR), Rovnag Abdullayev, said that by the 2020s, gas production in Azerbaijan will reach around 40 billion cubic meters per year (bcm/a) (News.az, June 3), from the current level of 30 bcm in 2015, according to the …
Read More »Why do we need strong United Nations?
“The 70th anniversary of the United Nations is an opportunity to reflect – to look back on the UN’s history and take stock of its enduring achievements. It is also an opportunity to spotlight where the UN – and the international community as a whole – needs to redouble its …
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