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image (Gaps (Price, Devalue, Infrastructure, Ease of Business, Share of…
2000 :check:
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Jamilov July 13 :check:
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A more expensive, appreciated currency will typically prevent the non-oil sector from gaining an arbitrary price-based advantage on the international trade arena.
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Today, Azerbaijan’s economy is practically 50 % oil-driven (Fig. 3). 95 % of exports are oil related, with just 5 % in the non-oil sphere
RadioFree Sept 2006
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Overheating Economy
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"The problem is that the government is increasing expenditure at exceptionally high rates. For the first half of 2006, expenditure increased by more than 70 percent in nominal terms compared with the first half of 2005. This causes over-heating because the supply side of the economy cannot respond to the increased demand," Kramarenko said
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Post-2015
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Feb 2017, 114% 1.92 AZN/us
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