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
CAERC named the best think tank in the UK’s “International Finance Awards 2025”
The Center for Analysis of Economic Reforms and Communication (CAERC) has been awarded two prestigious prizes in the “Government Services” category at the “International Finance Awards 2025,” organized by the…
A meeting was held to advance economic cooperation between Azerbaijan and Türkiye
A new meeting was convened between the Center for Analysis of Economic Reforms and Communication (CAERC) and the Investment and Finance Office of the Presidency of Türkiye to further develop bilateral cooperation. During the…
Enterprise Azerbaijan and Enterprise Singapore strengthen ties in the field of innovation
At the initiative of the "Enterprise Azerbaijan" portal, operated by the Center for Analysis of Economic Reforms and Communication, a meeting was held between the leading participants of the innovation ecosystems of…
Preliminary figures for the November edition of "Export Review" was presented
The Center for Analysis of Economic Reforms and Communication (CAERC) has presented the preliminary figures for the November issue of the “Export Review.” According to the review, in the January-October period of 2025,…
Indicative planning meetings for the 2026 targets under the Social and Economic…
Within the framework of the “2022–2026 Socio-Economic Development Strategy of the Republic of Azerbaijan”, the Center for Analysis of Economic Reforms and Communication has concluded its meetings with representatives…
The finalists of the “Startup School 3” program of the “Enterprise Azerbaijan” portal…
The Final “Demo Day” stage of the “Green and Digital Silk Road” international acceleration program, implemented by the “Enterprise Azerbaijan” portal of the Center for Analysis of Economic Reforms…
The indicative planning sessions for 2026 under the First State Program on the Great…
The Center for Analysis of Economic Reforms and Communication has completed a series of meetings with implementing agencies to conduct indicative planning for 2026 within the framework of the First State Program on the Great Return…
The final event of the “Startup School 3” project of the “Enterprise Azerbaijan”…
The Final - “Demo Day” - stage of the international acceleration program “Green and Digital Silk Road”, organized jointly with local and international partners as part of the “Startup School 3”…
Op-eds
Rashad Najafli
Chief advisor of the Economic analysis division
Azerbaijan: A Reliable and Strategic Investment Hub among LLDCs
Isa Gasimov
Head of the “Enterprise Azerbaijan” portal
On the Situation of Venture Capital in the World and in Azerbaijan
Agil Asadov
Head of the Strategic planning division
The South Caucasus is becoming a region of peace and cooperation
Agil Asadov
Head of the Strategic planning division
The main advantage of the OIC is energy resources and transport links
Agil Asadov
Head of the Strategic planning division
"Azerbaijan-China Relations: Formation and Perspectives"
Isa Gasimov
Head of the “Enterprise Azerbaijan” portal
Social entrepreneurship is an important tool for economic sustainability
Vusala Jafarova
Head of the Turkic World Research Center
"Driving Economic Integration and Digital Transformation: Azerbaijan’s Strategic Leadership in the Organization of…