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    The cost of Azerbaijan's leaving the Extractive Industries Transparency Initiative (EITI): analysis of the impact on the economy and civil society

    Alili, Ahmad; Bittner, Victoria | March 2017
    Abstract
    Azerbaijan's membership in the EITI is considered a key asset to the country's oil and natural gas economy. As a result of leaving the EITI, Azerbaijan might be regarded as ineligible for future loans by the World Bank and other international institutions for projects, such as the Southern Gas Corridor Project (TAP&TANAP). It is quite an important decision for the country, which was a founding member of the initiative, to leave it. It is going to have considerable effects on the economy and civil society in Azerbaijan. This article aims to shed light on the possible domestic developments of Azerbaijan's suspension of the EITI. In the beginning, essential information on the Extractive Industries Transparency Initiative (EITI) and its role in Azerbaijan's economy will be presented. Next, the article will move on to the history of Azerbaijan-EITI relations. After exposing the current tense situation between the parties and explaining the reasons for the tension, the article will move on to possible impacts of the decision to leave EITI on the economy and civil society in Azerbaijan. In the final section, concluding thoughts will be provided.
    Citation
    Alili, Ahmad; Bittner, Victoria. 2017. The cost of Azerbaijan's leaving the Extractive Industries Transparency Initiative (EITI): analysis of the impact on the economy and civil society. © Center for Economic and Social Development. http://hdl.handle.net/11540/7031.
    Keywords
    Social condition
    Economic dependence
    Economic assistance
    International monetary relations
    International monetary relations
    International trade
    National accounting
    Market
    Project impact
    Development projects
    Program management
    Performance appraisal
    Project appraisal
    Technology assessment
    Macroeconomic
    Macroeconomic Analysis
    Macroeconomic Framework
    Macroeconomic Models
    Macroeconomic Performance
    Macroeconomic Planning
    Macroeconomic Policies
    Macroeconomic Reform
    Macroeconomic Stabilization
    Results-Based Monitoring And Evaluation
    Project Evaluation & Review Technique
    Project Evaluation
    Program Evaluation
    Performance Evaluation
    Operations Evaluation
    Evaluation Methods
    Evaluation
    Exchange
    Comparative economics
    Index number
    Monetary policy
    Value analysis
    Adjustment cost
    Transaction cost
    Conditionality
    International relations
    Cumulative effects assessment
    Grievance procedures
    Participatory monitoring and evaluation
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    Citable URI
    http://hdl.handle.net/11540/7031
    Metadata
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    CESD_EITI_Assessment_Paper.pdf (668.3Kb)
    Author
    Alili, Ahmad
    Bittner, Victoria
    Theme
    Economics
    Evaluation
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise