The Center for Analysis of Economic Reforms and Communication (CAERC) was created upon the Decree 879 of President of the Republic of Azerbaijan Ilham Aliyev dated April 20, 2016, in order to expand the scope of reforms in Azerbaijan and ensure effective coordination of work in this sphere. During 5 years since its establishment, the CAERC has contributed to the formation of the reforms agenda by participating in the preparation of about 50 strategies, programs, action plans, concepts, strategic road maps, feasibility studies, and other documents, as well as in the economic justification process for the reintegration of Karabakh.

As one of the world-famous think tanks, CAERC has formed the EconLAB - laboratory of economic analysis. Financial programming, general equilibrium, input-output, ORANI, microsimulation, and external sector assessments (EBA-lite) models were built in the EconLAB with the support of the World Bank, International Monetary Fund, Asian Development Bank, European Union, and SECO. The monitoring and evaluation institute, created in the CAERC and presented as a success story by the World Bank, was digitalized as www.monitoring.az portal with the support of BP.  Partnerships with the United Nations and the World Bank have led to the application of best practices in monitoring and evaluation in the local context and capacity building with adherence to the principles of open government and good governance.

As a result of successful reforms, implemented under the leadership of President Ilham Aliyev, Azerbaijan entered the list of top 10 reformist countries in the Doing Business Report and ranked 25^th among 190 countries for the favorable business environment. At the same time, the high positions of Azerbaijan in rankings on global competitiveness, economic freedom, global innovation, and sustainable development proves the emergence of a successful model of economic reform in our country. The CAERC is the operator of azranking.az – a digital solution based on public-private dialogue in the sphere of development and implementation of economic reforms.

Along with 40 e-resources, Export Review, Reforms Review, and Video Review, a special emphasis should be made on CAERC’s efficient communication policy. We are proud that during the last 5 years we represented our country in such influential world publications as Forbes, Reuters, BBC, Foreign Policy, and the London Post, on such platforms as the T20 and the Asian Brain Center Development Forum, as well as at the events of the UN, the World Bank, the International Monetary Fund, the European Union, the Asian Development Bank, the European Bank for Reconstruction and Development, and Organization for Economic Cooperation and Development!

The leader of e-commerce in Azerbaijan – Azexrpot.az, the world’s second Digital Trade Hub of Azerbaijan, first m-residency and second e-residency in the world, the first incubation and acceleration center in the country - EnterpriseAzerbaijan.com, One-Stop-Shop Export Support Center, and Azerp.az projects are among the achievements attained by the CAERC in last 5 years.

Being the source of our national pride, the victory of our glorious Army under the leadership of our victorious Supreme Commander-in-Chief Ilham Aliyev in the Patriotic War of 2020, the liberation of our lands from the enemy’s occupation, and restoration of historical justice increase our responsibility to the Motherland, Nation and Country!