A special issue of "Turkich Economic Outlook" has been prepared
The Center for Analysis of Economic Reforms and Communication (CAERC) has presented the fourth issue of the "Turkich Economic Outlook". This time, the bulletin covers the main economic indicators of Turkish states for the months of January-December 2022, as well as indicators in the field of green economy and digitalization.
The fourth issue of "Turkish Economic Review" consists of three sections: the first section presents an overview of the member and observer countries of the Organization of Turkic States (TST), their aggregated indicators on territory, population, gross domestic product (GDP) and trade turnover, and their share in the world , the GDP growth of Turkish countries was compared separately.
The special issue of "Turkish Economic Review" has been updated. Thus, information about the Turkish Republic of Northern Cyprus (TRNC) has been added to the list of countries. In particular, the fourth issue of the Review covering the member and observer countries of the Organization of Turkic States was presented in a total of 8 languages.
The overview statistics of the Organization of Turkic States members and observers showed that the GDP of the Turkish states in 2021 is 1,383 billion US dollars, and the trade turnover is 855.7 billion US dollars. In 2022, the economy of Turkey grew by 5.6 percent, the economy of Azerbaijan and Hungary by 4.6 percent, the economy of Turkmenistan by 6.2 percent, the economy of Uzbekistan by 5.7 percent, the economy of Kyrgyzstan by 7 percent, and the economy of Kazakhstan by 3.2 percent. In terms of the growth of state budget revenues, the best indicator is in Turkey with 100.6 percent. The revenues of the state budget of Turkey were 147 122.2 million US dollars. Kazakhstan (trade balance 34,350.4 million US dollars) and Azerbaijan (trade balance 27,132.3 million US dollars) have the highest balance in foreign trade. During 2022, all the countries included in the Organization of Turkic States will see an increase in funds directed to fixed capital.
It should be noted that in the second section of the "Turkich Economic Outlook", the main macroeconomic indicators of Azerbaijan, Kazakhstan, Kyrgyzstan, Turkey, Uzbekistan and Hungary for 2022, and SKR for 2021 were given in a comparative manner.
The special edition of "Turkich Economic Outlook" was prepared in cooperation with the Secretariat of TDT. The new section on green economy and digitization includes indicators related to the Electronic Government Development Index (EGDI), Open Government Information Index (OGDI), income in the e-commerce market, internet access, CO2 emissions and carbon footprints. Kazakhstan and Turkey have the highest indicators on the EGDI index, they are ranked 28th and 48th in the world ranking. Kyrgyzstan, Azerbaijan and Hungary have the lowest CO2 emissions among the TDT countries with indicators of 0.03%, 0.10% and 0.13% according to their share in the world. It should be noted that according to the human capital index (HCI), which is a sub-component of the EGDI indicator, all Turkish states have a high index.
From this link https://bit.ly/3nxxnyQ, with the Azerbaijani version of the "Turkish Economic Review" statistical publication.
for English version: https://bit.ly/42ScWwr,
for Russian version: https://bit.ly/3lNDTRh,
for Turkish version: https://bit.ly/3zdYEIT,
for Kazakh version: https://bit.ly/3G23VHn,
for Hungarian version: https://bit.ly/3zfZJQM,
for Uzbek version: https://bit.ly/40KwaT6
and it is possible to get acquainted with the Kyrgyz version from this link https://bit.ly/3nvCWO7.
Op-eds
Agil Asadov
Head of the Strategic planning division
Moody's: Growing influence of the Middle Corridor boosts economic prospects
Ayaz Museyibov
Deputy Executive Director of the CAERC
Azerbaijan and Türkiye: Leading through unity in global crises
Ayaz Museyibov
Deputy Executive Director of the CAERC
Türkiye-Kyrgyzstan partnership fuels Middle Corridor's rise
Shabnam Mammadli
Sector director of the Monitoring of socio-economic programs
The liquidation of "Azalternativenerji" LLC will serve to reduce the demand and risks for state resources
Tarana Salifova
Head of the Monitoring and evaluation division
The change made in the strategy of socio-economic development for 2022-2026 will stimulate high economic growth
Vusal Gasimli
Executive director of CAERC
The equilibrium real exchange rate in a commodity exporting country: Azerbaijan's experience
Gunay Guliyeva
Head of department at CAERC
Educational Loans Will Accelerate Economic Development