The Article Written by Azerbaijani Scientists Was Published in Influential Foreign Magazine
The article titled “The Real Equilibrium Exchange Rate in a Commodity-Exporting Economy: the Experience of Azerbaijan” and prepared by Executive Director of the Center for Analysis of Economic Reforms and Communication Vusal Gasimli and Head of the Project Department of the Center Vusala Jafarova was published in international “Science, Technologies, Innovations” magazine. The article covers such issues as real equilibrium exchange rate in oil-rich economies and adequacy of monetary policy in the example of Azerbaijan. By assessing the real equilibrium exchange rate using a regression-based model, the authors analyze Azerbaijan's foreign trade balance and exchange rate deviations. Thus, applying a methodological approach that is based on scientific principles to analyze real equilibrium exchange rates, the authors presented calculations on the valuation of the national currency of Azerbaijan a few years after the devaluation.
The article can be viewed by the following link:
Related news
Training on public procurement was held at the CAERC
The Center for Analysis of Economic Reforms and Communication conducted a training session for members of the Procurement Commission. During the training, each commission member was provided with information on professional development,…
“Azexport Talks”: Factors influencing business development discussed
The latest meeting of the Azexport Talks project, organized by the Azexport Portal under the CAERC, was held recently. The guest of this session was Hikmet Aliyev, a business development consultant. Mr. Aliyev emphasized that, in…
Vusal Gasimli has received the IMF's Article IV Consultation mission
Professor Vusal Gasimli, the Executive Director of the Center for Analysis of Economic Reforms and Communication (CAERC) received a mission that arrived in Azerbaijan to conduct discussions within the framework of the Article IV Consultations…
The next meeting of the "Inclusive Social Development and Social Security"…
The latest meeting of the Working Group on “Inclusive Social Development and Social Security” was convened in connection with the implementation of the targets outlined in the “Socio-Economic Development Strategy…
The next meeting of the "Azexport Talks" project was held
The latest meeting of the “Azexport Talks” project, organized by the “Azexport” portal under the management of CAERC, was held in an online format. The event featured marketing expert Samir Mehdiyev as the…
A press conference was held at the CAERC on the results of 2024
The Executive Director of the Center for Analysis of Economic Reforms and Communication (CAERC), Doctor of Economics, Professor Vusal Gasimli, held a press conference summarizing the institution's activities in 2024. He stated…
Preliminary figures of the Export review for January have been announced
The Center for Analysis of Economic Reforms and Communication (CAERC) has presented the preliminary figures for the Export Review for January. According to the report, Azerbaijan's non-oil and gas exports in January-December 2024…
Elman Nasirov met with volunteers at the CAERC
Elman Nasirov, a member of the Milli Majlis, held a meeting with volunteers at the Center for Analysis of Economic Reforms and Communication (CAERC). Speaking on the topic "Ilham Aliyev: A Historical Figure and a Global Leader,"…
Op-eds
Vusala Jafarova
Head of the Turkic World Research Center
"Driving Economic Integration and Digital Transformation: Azerbaijan’s Strategic Leadership in the Organization of…
Vusala Jafarova
Head of the Turkic World Research Center
"Azerbaijan’s Admission to the D-8: Strengthening Economic Cooperation with Global Potential"
Vusala Jafarova
Head of the Turkic World Research Center
Turkic States Economic Outlook for the First Half of 2024: Growth, Trade, and Investment Trends
Agil Asadov
Head of the Strategic planning division
Moody's: Growing influence of the Middle Corridor boosts economic prospects
Vusala Jafarova
Head of the Turkic World Research Center
The Karabakh Declaration and the future of economic cooperation of the Turkic world
Vusala Jafarova
Head of the Turkic World Research Center
"SCO Plus Summit: Catalyzing Economic Growth and Connectivity Among Turkic States"
Ayaz Museyibov
Deputy Executive Director of the CAERC
Azerbaijan and Türkiye: Leading through unity in global crises