Economy

The government intends to support cotton-producers with soft loans and increased technical support. Once well-developed, in recent years cotton-growing has become an outsider within Azerbaijani agriculture. Loss of interest from farmers and omnipresent reduction in the area under cultivation are due to processing plants’ low

How to strengthen the system and not to lose customers. The process of economic reform launched in Azerbaijan has the most noticeable impact on the financial and banking sector today. In recent years, the Central Bank has influenced the quality of the banking market by a fivefold increase in the …

Falling oil prices have increased consumer interest in carbon-fuel resources. Although humanity continues to invest in the development of alternative and renewable energy sources, oil and gas will remain popular for the next twenty years. This is the main thesis of an energy survey by company BP for 2035.

The country’s economic potential will allow consumer goods’ imports to be considerably reduced. The instability on the raw materials markets and the drastic drop in oil prices has led to a deterioration in the world’s economic situation. At the recent conference on the implementation of the state programme for the …

With extremely unfavourable foreign economic and political conditions, Azerbaijan has the task of developing and carrying out a scientifically-proven, scientifically-based economic policy. The dependence of the national economy on world prices for carbon-fuel resources and the weak export potential of the non-petroleum economy make it vital that professional economists and …

Hydrocarbon producer Azerbaijan is looking to generate 20 per cent of its electricity from renewable sources by 2020. The target is set in a draft strategy drawn up by Azerbaijan’s State Agency for Alternative and Renewable Energy. According to official statistics, in 2011

Millenium Development Goals was accepted at the Millenium Summit in September 2000, with the participation of 191 nations, who represents a commitment to halve the number of the world’s population living in poverty by 2015. In order to meet the challenges that were stated in the Declaration, a set of …

Fitch Rating has published today its forecasts for the economic situation in Azerbaijan for 2015-17. The report of Fitch’s senior director Paule Gamble says that by the end of 2015 the GDP growth rate is projected to be 2.3%, for 2016 – 2.7%, and for 2017 – 3%. By the …

Abstract Research objective – research theoretical bases formations of system of the local government, definition of efficiency of activity of system of local government, economic bases of economic system of municipalities, increase of a role of local taxes and payments in effective action of local governments and provision of offers …

Abstract Expenditures on health care and education sector constitutes large proportion of government expenditures in almost all countries. So the question arises: Do we really need to spend that much or not? This paper tries to find the effectiveness of public expenditure on two sectors mentioned above. As effectiveness indicator …