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Citrus Fruit Industry of Azerbaijan after Manat’s Devaluation

Author

Listed:
  • Abasov, Muzaffar

Abstract

Azerbaijan implemented two significant devaluations in 2015 decreasing AZN’s rate against USD from 0.78 to 1.55. Considering the favorable situation after AZN’s devaluation, it is now cheaper to increase local production, especially agricultural products. Additionally, as a result of tensions between Russia and Turkey, there is a huge vacant market for agricultural goods in Russia which is a good opportunity for Azerbaijan to export. Citrus fruits are one of them. Considering possible options we recommend government to take policy decisions offered in paper.

Suggested Citation

  • Abasov, Muzaffar, 2016. "Citrus Fruit Industry of Azerbaijan after Manat’s Devaluation," MPRA Paper 78257, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:78257
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    File URL: https://mpra.ub.uni-muenchen.de/78257/1/MPRA_paper_78257.pdf
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    More about this item

    Keywords

    citruc fruits; azerbaijan; manat's devaluation; azerbaijan economy;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • Q02 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Commodity Market

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