Agriculture and agrarian sectors have been gone through the serious transformation process since the collapse of the Soviet Union in Azerbaijan. An ever-growing body of academic literature body investigated the resource curse and Dutch disease theories to conceptualize non-oil sectors in...

Azerbaijan’s economy has been investigated within Dutch disease (DD) and Natural Resource Curse Theory (NRCT) several times during the last 20-22 years, but the studies relied on heavily aggregated data and speculative theoretical models. Opinions differ in academia as to how and to what...

Inflation is one of the most important economic indicators for a country. Understanding inflation based on the consumer spending patterns allows for better conceptualization of the phenomenon and improved policy responses for the unwanted developments, more precisely, increased price levels in...

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....

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...

Rapidly changing global economic conditions and geopolitical tensions are prompting countries to rethink their energy and food security strategies more rigorously than ever before. This urgency is particularly evident in many developing countries, especially those of the former Soviet Union...