Vusal Gasimli Delivers Lecture on Economic Reforms at ADA University
The Executive Director of the Economic Reforms Analysis and Communication Center, Vusal Gasimli, delivered a public lecture at ADA University on the topic “Economic Reforms in Azerbaijan: Results and Prospects.”
Speaking about the new economic model established in Azerbaijan under the leadership of President Ilham Aliyev, Vusal Gasimli drew comparisons with the economic models of Malaysia, South Korea, Israel, and other countries. He noted: “Reforms in Azerbaijan are aimed at accelerating the development of the tradable sector relative to the non-tradable sector within the structure of the economy and initiating a new cycle of development. Thus, in the short term, resources, including labor resources, must be mobilized and utilized at a level that responds to the challenges of economic development. The reforms require ensuring good governance, liberalizing the market, and increasing productivity. The key challenge of the new economic model is the crucial role of human capital in boosting productivity.”
He added that the World Bank and the International Monetary Fund highly appreciate the successful economic reforms carried out in Azerbaijan under the leadership of President Ilham Aliyev. At the same time, Azerbaijan’s position has significantly improved in reputable reports presented by the World Economic Forum and the World Bank as a result of these economic reforms.
Following the lecture, Vusal Gasimli answered questions from foreign and local professors teaching at ADA University, as well as diplomats, business representatives, and students.
Related news
Partners from the Americas for the "Startup School 4" project of the "Enterprise…
Partners from the Americas have been presented to the public within the framework of the "Startup School 4: Five Continents - 500 Startups" global innovation program, implemented by the "Enterprise Azerbaijan"…
The “Enterprise Azerbaijan” Portal Presented the “Startup School 4” Project at ASPU
Within the framework of the “Startup School 4” project implemented by the “Enterprise Azerbaijan” portal, operated by the Center for Analysis of Economic Reforms and Communication (CAERC), the next information…
CAERC representative participates in "Atlantic Council IMF - World Bank Week"…
Rashad Najafli, Deputy Head of the Economic Analysis Department at the Center for Analysis of Economic Reforms and Communication (CAERC), is participating in the "Atlantic Council IMF-World Bank Week" events held in Washington,…
The "Azexport" portal supports the export of leech products produced in…
A meeting was held at the "Azexport" portal, operated by the Center for Analysis of Economic Reforms and Communication (CAERC), with a representative of a local enterprise engaged in the production of medicinal leeches.…
Training and mentoring program launches within the "Startup School Nakhchivan"…
The training and mentoring program is launching under the "Startup School Nakhchivan" project, a joint initiative of the "Enterprise Azerbaijan" portal of the Center for Analysis of Economic Reforms and Communication…
CAERC representative addressed an international seminar on tax administration
Abdulrahim Dadashov, Deputy Head of the Monitoring and Evaluation Division at the Center for Analysis of Economic Reforms and Communication (CAERC), addressed an international seminar organized by the International Monetary Fund…
Partners from the Asian continent for the "Startup School 4" project of…
Partners from the Asian continent have been presented to the public within the framework of the "Startup School 4: Five Continents - 500 Startups" global innovation program, implemented by the "Enterprise Azerbaijan"…
CAERC Announces New Hire
Anar Gaziyev has been appointed as the Finance Manager at the Center for Analysis of Economic Reforms and Communication (CAERC) by the order of Executive Director Vusal Gasimli. Anar Gaziyev studied Economic Regulation at the Azerbaijan…
Op-eds
Rashad Najafli
Deputy head of the Economic analysis division
Azerbaijan: A Guarantor of Peace and Security in the South Caucasus
Isa Gasimov
Head of the “Enterprise Azerbaijan” portal
Transition to an Innovation Ecosystem: Azerbaijan’s Strategic Choice
Gultaj Ahmadzada-Tapdigzada
Head of Sector at the Monitoring and Evaluation Division
Strategic Targets of Azerbaijan’s Energy Transformation
Samir Rahimov
Leading consultant of the Monitoring and evaluation division
Improving transport infrastructure in Baku and surrounding areas - Global challenges and the role of the State Program
Agil Asadov
Head of the Strategic planning division
The strategic importance of the Middle Corridor: growth of investment along the Trans-Caspian route and Azerbaijan’s regional…
Isa Gasimov
Head of the “Enterprise Azerbaijan” portal
Research and Development (R&D) and Innovation: from Knowledge to Value, from Value to Capital
Rashad Najafli
Deputy head of the Economic analysis division
Azerbaijan: A Reliable and Strategic Investment Hub among LLDCs