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Azerbaijan: Recent Economic Developments and Selected Issues

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  • International Monetary Fund

Abstract

From the discussions, the paper reveals the vulnerability of the Azerbaijan banking system to conventional risk factors. Despite a stable macroeconomic environment and high margins of intermediation, the profitability of the banking system is on the decline. There has been an increase in the unemployment rate, maternal mortality rates, drop-out rates, and widespread use of unofficial user charges. The role of fiscal and monetary policies in response to an oil boom should be to facilitate a smooth transfer of resources from the non-oil traded sector.

Suggested Citation

  • International Monetary Fund, 2000. "Azerbaijan: Recent Economic Developments and Selected Issues," IMF Staff Country Reports 2000/121, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2000/121
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    Citations

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    Cited by:

    1. Leyla Sayfutdinova & Ayça Ergun, 2018. "Azerbaijani Engineers in the Global Economy: Transnational Professionals Versus “Button-Pushersâ€," Journal of Developing Societies, , vol. 34(2), pages 144-168, June.
    2. World Bank, 2003. "Azerbaijan Republic : Poverty Assessment, Volume 2. The Main Report," World Bank Publications - Reports 14719, The World Bank Group.
    3. Clarke, George R.G., 2001. "Bridging the digital divide - how enterprise ownership and foreign competition affect Internet access in Eastern Europe and Central Asia," Policy Research Working Paper Series 2629, The World Bank.

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