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    Assessment on Real Effective Exchange Rate in Azerbaijan: 2017 Outlook

    Hasanov, Rashad | January 2017
    Abstract
    The implementation of fixed exchange rate regime for 20 years (1994-2014) resulted in a formation of an insecure currency position for all interest groups, including the government and business. Although the pressures on manat have commenced to increase since the second half of 2014, the Central Bank and the government failed in comprehending the process. That is why, promising statements have been made to the general public. But the following events proved the underlying problem more severe and the implemented monetary, fiscal and exchange rate policies ineffective in the long-term. Business, citizens, as well as state-owned enterprises faced serious financial losses. The country experienced serious threats with regard to its financial sustainability
    Citation
    Hasanov, Rashad. 2017. Assessment on Real Effective Exchange Rate in Azerbaijan: 2017 Outlook. © Center for Economic and Social Development. http://hdl.handle.net/11540/7425.
    Keywords
    ADB
    Project finance
    Development plans
    Strategic planning
    Business Financing
    Investment Requirements
    Insurance Companies
    International Monetary Relations
    International Financial Market
    Exchange Rate
    Development
    Finance
    Development Challenges
    Development Issues
    Development Problems
    Microenterprises Finance
    Commercial Finance Companies
    Enterprise Financing
    Financial Analysis
    Banking Finance And Investment
    Insurers
    Insurance stocks
    Insurance holding companies
    Insurance carriers
    Insurance agencies
    Business subsidies
    Investment companies
    International banks and banking
    Stock exchanges
    Grants
    Loans
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/7425
    Metadata
    Show full item record
    Thumbnail
    CESD_Paper_National_Currency_Azerbaijan.pdf (1.427Mb)
    Author
    Hasanov, Rashad
    Theme
    Development
    Finance
     
    Copyright 2016-2020 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2020 Asian Development Bank Institute, except as explicitly marked otherwise