In this monitoring report the status of meeting OGI principles as well as compliance with the commitments in line with the SMART, ambitious level related to the adoption and implementation of "National Action Plan on Promotion of the Open Government Initiative for 2016-2018" have been studied....

This policy paper is an assessment of the current situation in management of oil revenues in Azerbaijan in order to find solutions for improving it. This policy paper is the result of research conducted by the research team of Economic Research Center with the financial support of Revenue Watch...

This research was conducted by the experts of Economic Research Centre with the financial support from Open Society Institute-Assistance Foundation within the framework of competition titled “Assistance to analytical centers”. The study report prepared by ERC experts aims at improving the...

This paper discusses the status of financial inclusion, education, and literacy in Azerbaijan as well as measures to foster the development of SMEs, which currently have inadequate access to financial resources. The primary policy challenge faced by the government of Azerbaijan is defining its...

A 30-year period is sufficient to evaluate the place of the “Contract of the Century” in modern Azerbaijani history and its role in shaping the national economy. Although such evaluations are conducted periodically, we will attempt to conclude the assessment on the occasion of COP29, which...

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 discusses the status of financial inclusion, education, and literacy in Azerbaijan as well as measures to foster the development of SMEs, which currently have inadequate access to financial resources. The primary policy challenge faced by the government of Azerbaijan is defining its...

This article examines Azerbaijan's economic performance in 2024 and provides projections for 2025, highlighting key challenges and potential opportunities. Despite expectations for reform, 2024 was marked by persistent inflation, currency pressures, and declining investments, underscoring the...

The pervasive reach of corruption extends far beyond individuals, impacting entire populations and critical infrastructure. This paper examines a tragic event that occurred on October 22, 2024 in Baku's Sabunchu district, where two drivers lost their lives, not to floodwaters, but to the...

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...