Republic of Azerbaijan: 2008 Article IV Consultation
Author: Lorenzo Pérez
Publisher:
Published: 2008
Total Pages: 32
ISBN-13:
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Republic of Azerbaijan: 2008 Article IV Consultation - Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Republic of Azerbaijan
Author: International Monetary Fund
Publisher:
Published: 2008-07-02
Total Pages: 60
ISBN-13: 9781280882852
DOWNLOAD EBOOKRepublic of Azerbaijan
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2010-05-13
Total Pages: 40
ISBN-13: 145520420X
DOWNLOAD EBOOKThis paper presents the key findings of the Republic of Azerbaijan’s 2010 Article IV Consultation. In 2009, overall GDP grew at 9.3 percent, but non-oil GDP growth slowed from 16 percent to 3 percent, fiscal and export revenues fell by more than 30 percent, and credit and liquidity conditions tightened substantially. Owing to the authorities’ appropriate policy response, the exchange rate remained stable, inflation dropped dramatically, official poverty rates continued to fall, and financial stability was maintained.
Azerbaijan Republic, Staff Report for the ... Article IV Consultation
Author:
Publisher:
Published: 2007
Total Pages: 68
ISBN-13:
DOWNLOAD EBOOKRepublic of Azerbaijan: 2021 Article IV Consultation-Press Release; and Staff Report
Author: International Monetary
Publisher: International Monetary Fund
Published: 2021-12-22
Total Pages: 67
ISBN-13: 1616359595
DOWNLOAD EBOOKAzerbaijan faced unprecedented challenges in 2020. The combined COVID-19 and oil price shocks pushed the economy into recession. A sizeable relief package helped cushion the economic impact from this shock, and the economy has started to recover. Yet the medium-term outlook remains subdued. The long-term fiscal position is unsustainable as oil resources are expected to run out by mid-century. The authorities have laid out strategic goals of accelerated yet sustainable socio-economic development over the next decade and are developing policy plans to that end.
Republic of Azerbaijan
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
Published: 2014-06-11
Total Pages: 58
ISBN-13: 1498355382
DOWNLOAD EBOOKThis 2014 Article IV Consultation highlights that recent economic developments in Azerbaijan have been favorable. In 2013, a stabilization of oil output and strong non-oil growth at nearly 10 percent helped lift overall GDP growth to 5.8 percent. Inflation remained low, averaging 2.4 percent, restrained by soft food prices and a stable exchange rate. The impact of regional market turbulence in early 2014 has been limited, with few signs of lower manat demand or capital flight. Economic prospects over the near and medium term are positive, if underpinned by fiscal consolidation and supported by reforms to spur non-oil private sector activity.
Nations in Transit 2010
Author: Freedom House
Publisher: Rowman & Littlefield Publishers
Published: 2010-11-16
Total Pages: 588
ISBN-13: 1461732670
DOWNLOAD EBOOKSince 1995, the Nations in Transit series has monitored the status of democratic change from Central Europe to Eurasia and pinpointed for policymakers, researchers, journalists, and democracy advocates alike the greatest reform challenges and reform opportunities facing the countries and territories that make up this vast geographic space. Covering 29 countries and administrative areas, Nations in Transit 2010 provides comparative ratings and in-depth analysis of electoral processes, civil society, independent media, national democratic governance, local democratic governance, judicial framework & independence, and corruption. Freedom House—which for more than a quarter century has rated global political rights and civil liberties in its benchmark Freedom in the World surveys—has developed a ratings system that allows for comparative analysis of reforms. Nations in Transit findings have drawn important linkages between democratic accountability, good governance, and the rule of law. In doing so it has made clear the essential nature of all these elements to the development of stable, free, and prosperous societies. The results are incisive, authoritative, and comprehensive.
The Role of the Exchange Rate in Inflation-Targeting Emerging Economies
Author: Anna Nordstrom
Publisher: International Monetary Fund
Published: 2009-11-24
Total Pages: 106
ISBN-13: 1589067967
DOWNLOAD EBOOKThis paper explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that has become especially germane during the current episode of financial turmoil and volatile capital flows. Under inflation targeting, the interest rate is the main monetary policy tool for influencing activity and inflation, and there is little agreement about the appropriate role of the exchange rate.The exchange rate is a more important monetary policy tool for emerging economies that have adopted inflation targeting than it is for inflation-targeting advanced economies. Inflation-targeting emerging economies generally have less flexible exchange rate arrangements and intervene more frequently in the foreign exchange market than their advanced economy counterparts. The enhanced role of the exchange rate reflects these economies' greater vulnerability to exchange rate shocks and their less developed financial markets. However, their sharper focus on the exchange rate may cause some confusion about the commitment of their central banks to achieve the inflation target and may also complicate policy implementation. Global inflation pressures, greater exchange rate volatility, and the financial stresses from the global financial turmoil that began in mid-2007 are heightening these tensions.
Russian Federation
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2011-09-27
Total Pages: 90
ISBN-13: 1463904843
DOWNLOAD EBOOKThis note focuses on Russia's monetary policy, which is moving toward low and stable inflation. This paper discusses two analytical measures to analyze the monetary policy—core inflation measure and a group of leading indicators model (LIM). The trimmed mean core inflation is a good indicator for analyzing trend inflation and can be used as a viable target for monetary policy. LIMs are widely used for inflation forecasting and are also useful in detecting turning points in inflation.
Competitiveness and Private Sector Development: Eastern Europe and South Caucasus 2011 Competitiveness Outlook
Author: OECD
Publisher: OECD Publishing
Published: 2011-10-10
Total Pages: 235
ISBN-13: 9264112324
DOWNLOAD EBOOKExamines the key policies that would increase competitiveness in the countries of the region through developing human capital, improving access to finance for SMEs and creating more and better investment opportunities.
