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ASSESSMENT OF THE EFFECT OF DECLINING OIL PRICES ON AZE...

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Assessment of the Effect of Declining Oil Prices on Azerbaijan Economy

36 pages, pdf
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Assessment of the Effect of Declining Oil Prices on Azerbaijan Economy


Publisher: Center for Economic & Social Development, Azerbaijan

Date: December , 2014

Volume: 36 pages , pdf |

Description

The main goal of this study is to assess how the oil price decline in the world market will potentially impact the Azerbaijani Economy. The paper specifically looks at how last changes in the world market will affect both the revenue and expenditure sides of the state budget. The study also examines the “side impact” and “domino effects” of low oil prices.