Is it possible to apply Principal Component Analysis (PCA) in the Azerbaijan economy? Before blindly answering the question, careful examination of the collected data and the relevance of the data set to the mentioned analysis should be checked. PCA is a widely used multivariate dimension...

The energy sector is critical to economic growth and development, and the everchanging world order requires a new review of past and current trends in this area. This paper focuses on the members of the Organization of Turkic States (OTS) that share a common history, similar cultural and...