Political and economic stability 2nd fastest growing economy among 179 countries in terms of GDP per capita growth in 2001-2010 (The Economist). In the past 10 years: GDP grew by 3 times, non-oil GDP by 2.5 times, GDP per capita by 2.6 times, strategic currency reserves by 29 times. Foreign …
Read More »COP29 Sustainable Business Forum Kicks off in Baku
The conference “Raising Ambition, Enabling Action: COP29 Sustainable Business Forum” has commenced i...
Red deer calf joins wild herd in Shahdag National Park
Another adorable red deer calf has joined the wild herd in Shahdag National Park within the joint re...
Azerbaijan, Georgia deepen collaboration on green energy corridor initiative
Azerbaijan and Georgia expressed their solidarity in strengthening the activity and speeding up the ...
Exhibition “Garabagname” opened within “Kharibulbul” festival
On May 12, within the framework of the VII International Music Festival “Kharibulbul” wh...
Shusha hosts 7th “Kharibulbul” International Music Festival
The 7th “Kharibulbul” International Music Festival, co-organized by the Heydar Aliyev Foundati...
National Art Museum hosts marvelous concert
The National Art Museum has hosted a marvelous concert within the project “Music in the Museum...
Azerbaijan’s Shusha and Lachin to host Kharibulbul Festival this year
On May 11-13, the VII International Music Festival “Kharibulbul” will be held under the ...
Azerbaijan’s delegation duly represent country in United Kingdom
The performances of the Azerbaijani delegation at the Windsor Royal Equestrian Show in Great Britain...
Azerbaijan-Russia discuss potential for future collaboration in transport field
Deputy Prime Minister of the Republic of Azerbaijan Shahin Mustafayev and First Deputy Prime Ministe...
Azerbaijani national cuisine presented in Turkmenistan
“International Food Festival” was held at the Ashgabat International School on May 4, Az...
Recent Posts
Azerbaijan: State, Geography And History In Brief
Azerbaijan is one of the world’s cradles of civilization. In Gobustan, about 70 kms south of Baku, are Petroglyphs dating back to the 12th Century BC. The area was regarded by another ancient civilization, the Roman Empire, as more ancient than their own. 14 centuries later, the area is a …
Read More »Azerbaijan in the Second World War
Ending of the war. After clearing territory of the USSR from the fascists a nature of war, which this the country conducted with Germany, has changed. The war proceeded for an implementation of policy of the Soviet empire`s chiefes directed to creation of communist modes in East Europe …
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 »Food balance calculation in Azerbaijan: Brief methodological explanations
The food balance is the economic table, reflecting sources of resources’ formation of the main type of food products and purposes its using. The food balance reflects statistical data on movement from product output to its final consumption and gives an opportunity to analyse current situation, to forecast its …
Read More »Post-revolutionary state building in Ukraine and Georgia
Introduction Corruption is organized, common and highly institutionalized element in post-soviet countries. In these countries both governmental officials and citizens are corrupted and give and get bribe in favor of their problems, work. Informal rules and norms are more powerful than laws and formal rules between public and private sectors, …
Read More »The Impact of Declining Oil Prices on the State Budget of The Republic of Azerbaijan Public Finance and Budgeting
The research studies the relation between oil revenues and budget structure in oil dependent country – Azerbaijan. In the paper I will analyze Norwegian, Russian model of oil revenue management. The study shows how oil prices influenced these oil-exporting countries’ economies. I will try to analyze the changes in budget …
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Red deer calf joins wild herd in Shahdag National Park
Another adorable red deer calf has joined the wild herd in Shahdag National Park within …
Read More » -
Exhibition “Garabagname” opened within “Kharibulbul” festival
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Shusha hosts 7th “Kharibulbul” International Music Festival
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National Art Museum hosts marvelous concert
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Azerbaijan’s Shusha and Lachin to host Kharibulbul Festival this year
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UN adds decision on holy books to UNESCO on initiative of Turkiye
At the initiative of Turkiye, the decision of the United Nations (UN) regarding holy books …
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Certain victims’ names of terrorist attack at Crocus City Hall identified
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Enterprise Georgia launching new programme to support capital market development
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Azerbaijan, Georgia deepen collaboration on green energy corridor initiative
Azerbaijan and Georgia expressed their solidarity in strengthening the activity and speeding up the process …
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Georgia expects closer co-op with partners on Azerbaijan-EU green corridor project, PM says
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Azerbaijan-Russia discuss potential for future collaboration in transport field
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Azerbaijan, Russia discuss cooperation in field of emergency situations
As part of his visit to Moscow, Azerbaijan`s Minister of Emergency Situations, Colonel General Kamaladdin …
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Who says flowers cannot speak?
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How early can children learn to read?
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A tale of “eco” labels
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Changing concept of beauty