Labor market challenges and future outlook in Azerbaijan
Azerbaijan's growth has historically been driven by oil investments, with significant poverty reduction during periods of high growth (1996-2009). After 2014, global crises and oil price fluctuations have halted growth, underscoring the need for economic diversification. Since the crisis, and partly due to increased domestic credit, new firms have been entering the market in increasing numbers. New firms have provided a small number of new jobs in a market with a stable number of public sector jobs. Future directions are identified as Human Capital and Lifelong Learning, Social Protection and Labor Policies and Incentivizing job creation.
https://ereforms.gov.az/files/review/pdf/en/c3813e8b916a7572374af74820b2d2a6.pdf
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