Munich Personal RePEc Archive

The spectrum of Azerbaijan’s increasing economy

Tanase, Ion Alexandru (2016): The spectrum of Azerbaijan’s increasing economy. Published in: Junior Scientific Researcher , Vol. 2, No. 1 (May 2016): pp. 30-35.


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This paper aims to underline the key measures that Azerbaijan took during the past 20 years in regards to sustainable development. Although the country broke up from the Soviet Union in the 1990s, there has been a particular and precise preoccupation regarding its evolution as a nation. It is important to underline the fact that, in present time, Azerbaijan is an important country in the South Caucasus, which has economic relations with other parties such as the European Union, Turkey, Russia, and others. These relationships are based, mostly, on the fact that Azerbaijan is a reach resource country that supplies many countries with oil and gas.

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