Turkic States Economic Outlook for the First Half of 2024: Growth, Trade, and Investment Trends
The Turkish Economic Review for the first half of 2024 analyzes key economic trends within the Turkic States Organization (TSO), highlighting growth in GDP, industrial production, agriculture, and investments. With a collective GDP of $900.4 billion, the region outpaced global growth, led by Turkey’s robust performance. The report covers positive trends in trade, with Turkic states accounting for 3.18% of global trade turnover, and substantial investment inflows, particularly in Kyrgyzstan and Uzbekistan. The report also discusses fiscal policies, with varying approaches to budget revenues and expenditures across the region, showcasing the diverse economic strategies within TSO member states.
Op-eds
Isa Gasimov
Head of the “Enterprise Azerbaijan” portal
Crowdfunding: New Perspectives in Startup Financing in Azerbaijan
Elnur Alakbarov
Deputy head of the Economic analysis division
New Action Plan on Employment: Digitalization and Result-Oriented Management
Abdulrahim Dadashov
Deputy head of the Monitoring and evaluation division
Agricultural support mechanisms will create new opportunities for farmers and exporters
Ilyas Huseynov
Head of the Turkic World Research Center
Large-Scale Modernization of the Baku-Tbilisi-Kars Railway: A New Strategic Phase in the Middle Corridor and Eurasian Connectivity
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