Azerbaijan, heavily dependent on oil and gas exports, faces significant economic challenges due to fluctuations in global energy markets, declining oil revenues, rising imports, and increasing fiscal instability. This paper examines the potential impact of the Trump administration’s energy...

This paper uses Nash equilibrium reversion as an optimal tool for clearing dynamic prices and wages. Various exogenous competitive rigidities determine the balanced growth path of the efficiency wage and the outcome of repeated household/firm wage bargaining decisions. A location model is used...

The financial sustainability of the State Oil Fund of Azerbaijan (SOFAZ) is entering a critical phase, shaped by both domestic and international economic shifts. With Donald Trump’s return to power in the United States, significant changes in domestic and foreign policy are reshaping global...

This paper examines how money growth affects personal consumption using Divisia monetary aggregates. Using monthly U.S. data from 2000 to 2023, we find that changes in Divisia M4 significantly predict personal consumption expenditure, with a lag of three months. A 1% increase in Divisia M4 is...

In 2024, one of the most notable developments in the Azerbaijani economy that demands detailed analysis is the transformation of foreign trade statistics. This article provides an in-depth examination of Azerbaijan's foreign trade landscape in 2024, focusing on its dynamics, structure, and...

In this paper, an analysis of Azerbaijan's economic and social performance in 2024 is presented, highlighting key trends and challenges. The discussion covers macroeconomic indicators, sectoral contributions, investment dynamics, regional disparities, and issues related to transparency and data...

Kazakhstan represents one of the largest economies in the Central Asian region. Over recent years, Kazakhstan has experienced a rise in temperature and pollution levels due to its overreliance on fossil fuels in energy industries. The rise in temperature and pollution levels has contributed to...

Transitions from school to further education, training, or work are among the most extensively researched topics in the social sciences. Success in such transitions is influenced by predictors operating at multiple levels, such as the individual, the institutional, or the regional level. These...

By framing development as an emergent property of collective consciousness, this paper provides a fresh epistemological lens to address local and global common challenges, such as inequality, social, cultural, and ecological degradation, and resource management through commoning. The paper...

The main objective of this study is to examine the status and level of crop diversification among farms in the country through an empirical analysis using panel data collected in 2009-2017. In doing so, we performed the Stata-16 software utilizing the Simpson Diversification Index model in...