Azerbaijan : Systematic Country Diagnostic

Azerbaijan’s performance on the twin goals has been commendable. The middle class has doubled in size and extreme poverty has almost been eliminated in the space of a decade. At the same time, regional differences persist, with significantly higher...

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Bibliographic Details
Main Author: World Bank Group
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
OIL
Online Access:http://documents.worldbank.org/curated/en/2015/09/24593835/azerbaijan-systematic-country-diagnostic
http://hdl.handle.net/10986/23105
Description
Summary:Azerbaijan’s performance on the twin goals has been commendable. The middle class has doubled in size and extreme poverty has almost been eliminated in the space of a decade. At the same time, regional differences persist, with significantly higher poverty rates in lagging regions, and Baku dominating overwhelmingly in terms of share of GDP. Disparities in welfare also persist between rural and urban areas as well as across social groups. As the share of the poor fell in the bottom 40 percent of the welfare distribution, the share of the vulnerable has increased. All of this suggests taking a closer look at the challenges facing Azerbaijan as it seeks to sustain and ‘even out’ progress on the twin goals.