Although the number of econometric analyses related to the renewable energy sector in Azerbaijan is increasing, studies on nonparametric dimensionality reduction are rather sparse. Principal component analysis (PCA) and multiple correspondence analysis (MCA) were chosen to fill this apparent...

Manufacturing has long been regarded as a primary engine of growth and economic development in developed countries, even as the rise of the service sector and deindustrialization have become increasingly prevalent since the 1970s. Despite these shifts, the manufacturing sector remains a...

Məqalədə Azərbaycan-Özbəkistan investisiya fondunun iqtisadi potensialı qiymətləndirililir, fondun potensialının ikitərəfli münasibətlərə verə biləcəyi tövhələr təhlil edilir, yaxın gələcəkdə daha səmərəli fəaliyyəti üçün təkliflər verilir.

The paper analyzes the official dollarization process that began in the Ecuadorian economy in 2000 and the changes it has led in monetary policy. Based on economic theory and international literature, generalized economic policy proposals for resource-rich countries are given.

Türkmənistan da digər postsovet ölkələri kimi Sovet Sosialist Respublikaları İttifaqının (SSRİ) 1991-ci ildə parçalanmasından sonra bir çox sosial-iqtisadi çətinliklərə düçar oldu, lakin tədricən yaranmış şok vəziyyətindən çıxa bildi. SSRİ dövründə...

There is a growing body of literature on the possible presence of the Natural Resources Curse (NRC) and Dutch Disease Syndrome (DD) in the Azerbaijani economy. Because of its abundant hydrocarbon resources, Azerbaijan has pursued an oil-oriented strategy for economic growth and development....

Since February 2022, a new phase of the war between Russia and Ukraine has begun. Apart from the direct consequences for Russia and Ukraine, all post-Soviet countries are affected, as Western sanctions against Russia significantly limit the economic development and cooperation prospects of the...

After the painful transition process from a command economy to a market economy, Azerbaijan used its rich hydrocarbon resources to promote economic growth and development. As a result, national income and per capita income soared, infrastructure improved, and poverty was reduced. However,...