Azerbaijan: Recent Economic Developments and Selected Issues

September 29, 2000

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Azerbaijan: Recent Economic Developments and Selected Issues, (USA: International Monetary Fund, 2000) accessed November 21, 2024

Summary

From the discussions, the paper reveals the vulnerability of the Azerbaijan banking system to conventional risk factors. Despite a stable macroeconomic environment and high margins of intermediation, the profitability of the banking system is on the decline. There has been an increase in the unemployment rate, maternal mortality rates, drop-out rates, and widespread use of unofficial user charges. The role of fiscal and monetary policies in response to an oil boom should be to facilitate a smooth transfer of resources from the non-oil traded sector.

Subject: Banking, Commercial banks, Commodities, Economic sectors, Financial institutions, Health, Oil, Oil sector, Oil, gas and mining taxes, Taxes

Keywords: Azerbaijan, Broad money, Central bank, Commercial banks, Country authorities, CR, East Africa, Exchange rate, Gas and mining taxes, Government, ISCR, Middle East, North Africa, Oil, Oil sector, Project spending, Reform program, Return on equity, Wage

Publication Details

Pages:

75
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2000/121
Stock No:

1AZEEA0012000
ISBN:

9781451802542
ISSN:

1934-7685

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