European Parliament Library

Republic of Azerbaijan :, Selected Issues

Abstract
The first paper is on the oil boom in Azerbaijan, which presents a unique opportunity to speed up the development agenda, but at the same time poses challenges to the management of macroeconomic policy. A new fiscal framework to sustain macroeconomic stability and achieve fiscal sustainability is required. The second paper is on Azerbaijan's managed exchange rate policy and the need for an orderly and durable transition to more flexible exchange rate arrangements that can mitigate risks. Even if greater flexibility is not introduced in the short term, improved monetary policy framework needs to be put in place
Table Of Contents
Cover; CONTENTS; REVAMPING THE FISCAL POLICY FRAMEWORK IN AZERBAIJAN; A. The Case for a Stronger Fiscal Policy Framework in Azerbaijan; BOXES; 1. SOFAZ- State Oil Fund of the Republic of Azerbaijan; B. A Toolkit for Strengthening Fiscal Frameworks; 2. The Fiscal Responsibility Law of Mongolia; C. A Proposal to Revamp Azerbaijan's Fiscal Framework; 3. Simulating Alternative PIH-based Fiscal Rules; 4. Simulations of Two Price-based rules and Structural Primary Targets; References; SEQUENCING IN EXCHANGE RATE FLEXIBILITY IN AZERBAIJAN; A. Some Challenges in Introducing Exchange Rate Flexibility
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (28 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781484322734

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