Skip to main content

page search

Library Azerbaijan: Moving towards more diversified, resilient, and inclusive development

Azerbaijan: Moving towards more diversified, resilient, and inclusive development

Azerbaijan: Moving towards more diversified, resilient, and inclusive development
Azerbaijan Moving towards more diversified, resilient, and inclusive development

Resource information

Date of publication
July 2020
Resource Language
ISBN / Resource ID
ISBN 978-92-9262-310-4 (print); 978-92-9262-311-1 (electronic); 978-92-9262-312-8 (ebook) Publication Stock No. SGP200216-2 DOI: http://dx.doi.org/10.22617/SGP200216-2
Pages
216
License of the resource

Azerbaijan has set the course for the economy to reduce its dependence on oil by promoting new drivers of growth. This publication emphasizes the need for diversification, particularly in the agriculture, tourism, and manufacturing sectors. By 2025, under the Strategic Roads Maps of the Government of Azerbaijan, a more diversified economy should take shape led by these three sectors. Bold reforms need to strengthen areas of the economy that could otherwise impede this transition, and policy makers must resolutely stay on the reform path. The core message of the publication is diversification toward non-oil sources of growth alongside efforts to reduce macroeconomic risks and the high cost of finance, make the education system responsive to the needs of the labor market, close infrastructure gaps, and help economically significant state-owned enterprises become more efficient.

Share on RLBI navigator
YES

Authors and Publishers

Author(s), editor(s), contributor(s)

Edited by Aimee Hampel-Milagrosa, Aziz Haydarov, Kym Anderson, Jasmin Sibal, and Edimon Ginting

Publisher(s)
Geographical focus