Azerbaijan - Country Economic Memorandum : A New Silk Road - Export-led Diversification

Azerbaijan's oil and gas boom presents a rare opportunity to accelerate improvements in the quality of life of all its citizens. Its per capita income is $5,100 in 2008, up nearly 400 percent from 2004 in current USD terms; it could potentiall...

Full description

Bibliographic Details
Main Author:	World Bank
Format:	Country Economic Memorandum
Language:	English
Published:	World Bank 2012
Subjects:	ACCOUNTING AGGREGATE DEMAND AGRICULTURAL PRODUCTION AIR CONDITIONERS ALLOCATION ANNUAL RATE BANK FINANCING BANKING SECTOR BANKING SECTORS BOND BUDGET MANAGEMENT BUDGETARY FRAMEWORK BUDGETING BUSINESS REGULATIONS CAPITAL INVESTMENT CENTRAL BANK COMMERCIAL BANK COMMERCIAL BANKS COMPARATIVE ADVANTAGE COUNTRY PROCUREMENT COUNTRY PROCUREMENT ASSESSMENT CREDIT ACCESS CREDIT POLICY CROWDING OUT DEVALUATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DISCOUNT RATE DOMESTIC CURRENCY DOMESTIC DEMAND DOMESTIC MARKETS ECONOMIC ACTIVITY ECONOMIC CLASSIFICATION ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS ECONOMIC GROWTH EDUCATION POLICY EDUCATION SYSTEM ENERGY EFFICIENCY ENVIRONMENTAL EQUITY FINANCING EQUITY MARKETS EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXPENDITURE PLANS EXPORTERS FIDUCIARY ASSESSMENT FINANCE MINISTRY FINANCIAL ACCOUNTABILITY FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL MANAGEMENT FINANCIAL SECTOR FINANCIAL SUSTAINABILITY FISCAL ADJUSTMENT FISCAL BALANCE FISCAL POLICY FISCAL SCENARIOS FISCAL SUSTAINABILITY FOREIGN CAPITAL FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN INFLOWS FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN LOANS FOREIGN TRADE GLOBAL DEVELOPMENT FINANCE GLOBAL ECONOMY GOVERNMENT EXPENDITURE GOVERNMENT EXPENDITURES GOVERNMENT REVENUE GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROWTH MODEL GROWTH RATE HEALTH SERVICES HUMAN CAPITAL IMPLICIT SUBSIDIES INCOME GROWTH INCOME TAX INFLATION INFLATIONARY PRESSURES INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROJECTS INITIAL PUBLIC OFFERING INSTRUMENT INTEREST RATES INTERNATIONAL BANK INTERNATIONAL BORROWING INTERNATIONAL FINANCE INTERNATIONAL INVESTOR INTERNATIONAL STANDARD INTERNATIONAL STANDARDS INVESTING INVESTMENT EXPENDITURES INVESTMENT PROJECTS IPO ISSUANCE LABOR FORCE LABOR MARKET LEGAL FRAMEWORK LIQUIDITY MACROECONOMIC ENVIRONMENT MACROECONOMIC MANAGEMENT MACROECONOMIC POLICIES MACROECONOMIC POLICY MACROECONOMIC STABILITY MACROECONOMIC VOLATILITY MARKET DEVELOPMENTS MARKET ECONOMY MARKET PRACTICES MARKET STRUCTURE MEDIUM-TERM EXPENDITURE MEDIUM-TERM EXPENDITURE FRAMEWORK MINES MINISTRY OF FINANCE MONETARY FUND MONETARY POLICY NATURAL RESOURCES NET PRESENT VALUE NON PERFORMING LOANS NPL OIL OIL BOOM OIL PRICE OIL PRICES OIL RESOURCES OIL SECTOR OPEC PENSION PENSIONS PERFORMANCE EVALUATION PERFORMANCE INDICATOR PERPETUITY PERSONAL INCOME PERSONAL INCOME TAX POLICY DECISIONS POLICY MAKERS POVERTY ASSESSMENT POVERTY REDUCTION POVERTY REDUCTION STRATEGY POVERTY REDUCTION SUPPORT PRESENT VALUE PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE SECTOR PRIVATE SECTOR GROWTH PRODUCTIVITY GROWTH PROVEN OIL RESERVES PROVEN RESERVES PUBLIC ADMINISTRATION PUBLIC AGENCIES PUBLIC EDUCATION PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCES PUBLIC INVESTMENT PUBLIC INVESTMENT PROGRAM PUBLIC INVESTMENTS PUBLIC MANAGEMENT PUBLIC SECTOR PUBLIC SECTOR EMPLOYEES PUBLIC SECTOR SPECIALIST PUBLIC SERVICES PUBLIC SPENDING PUBLIC UTILITIES PURCHASING POWER QUALITY CONTROL QUALITY OF LIFE REAL EXCHANGE RATE REAL INTEREST REAL WAGES REFORM EFFORTS REGULATORY FRAMEWORK REGULATORY REFORM REMITTANCES RETURNS ROAD FUND ROAD TRANSPORT SECURITIES SERVICE QUALITY SOCIAL ASSISTANCE SOCIAL POLICIES SOCIAL PROTECTION SOCIAL SECURITY STATE BANK STRUCTURAL ADJUSTMENT STRUCTURAL REFORM STRUCTURAL REFORMS TAX BURDEN TAX RATES TAX REGIME TAX REVENUE TELECOMMUNICATIONS TRADE BALANCES TRADE REGIME TRADING TRANSACTIONS COSTS TRANSPARENCY TREASURY UNCERTAINTY WAGES
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20100107230943 http://hdl.handle.net/10986/3154