Since the beginning of 2019 year, the efforts to increase the social burden and responsibility of the economic policy of the state and to address the solution of social problems have continued until the end of the year. The year 2019 was remembered by the downward trend in the economy, the...

You may have heard of the term rentier state. It means that state budget of a resource-rich country comprises mostly of oil revenues, not taxpayer money or for-profit companies. The term has been used to describe Arab countries during the oil boom in the 1970s.In a rentier state, the level of...

This analytical review had been prepared by the experts of the National Budget Group with the aim to evaluate macroeconomic activity in Azerbaijan in 2010. Basic macroeconomic indicators (GDP, employment, income of the population, foreign trade, foreign investments, poverty, etc.) of Azerbaijan...

Although this article is based on the example of authoritarian governance in Azerbaijan, it covers issues of authoritarian governance in general, especially for countries where rentier incomes from the production, export, or transportation of oil and natural gas and other mineral resources...

More than twenty-six years have passed since Azerbaijan signed a Production Sharing Agreement with foreign companies, which provided for the development of the first field - Azeri-Chirag-Guneshli. In this article, we will focus on the achievements of Azerbaijan