Actual number: 1/2024
Archive
THE AZERBAIJAN ECONOMY BY 2025: CRUDE OIL PRODUCTION AND PRICES IN THE WORLD
Understanding the world economies requires to dive into the individual country experiences. In that context, there are group of countries, where their economic and political milestones hold many common aspects. One of this group is the cluster of the resource dependent economies. The recent researches by scholars on Azerbaijan outline and show the existence of the similar aspects of a resource dependent economy. That is why, in this research, the author attempts to make the forecast for the Azerbaijan economy by 2025 via delivering parallels with the data of the resource dependent economies. The key point in this research to find out the potential actions by the government in Azerbaijan in terms of the fiscal policy, oil export, monetary policy via learning other resource dependent economies and the trends in the world markets.
Release: 2019/2 Pages: 33-48 JEL classification: P48, Q41, H50, O24
DOI:
Keywords: Resource Dependent Economies, Oil Prices, Oil production, Public Expenditure, Exchange rate of National Currency
Section: INTERNATIONAL ECONOMICS AND POLITICS
Contacts:
Nijat, Huseynov, PhD Candidate.
Management and Business Administration,
Szent Istvan University
Páter Károly u. 1, H2100,
Gödöllő, Hungary
e-mail: nijat.huseynzade@gmail.com
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