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Begin New Search Political Geography Russia Author Emin Mammadov

1. Assessment of Initial Impacts of Western Sanctions against Russia: Effects for Azerbaijani Economy

Author:
Emin Mammadov
Publication Date:
08-2022
Content Type:
Working Paper
Institution:
Center for Economic and Social Development (CESD)
Abstract:
Repercussions of the western sanctions on the Russian economy increasingly arise that negatively affect the total economic structure. National GDP shrank by 4.3% in the first quarter of the current year. As forecasted by the Russian Central Bank following the exposure to sanctions, a 7 percent reduction in the GDP could be expected in the third quarter. Russian ruble lost its value by 7 percent against the dollar in less than a month which even resulted in an inevitable devaluation in the official exchange rate.
Topic:
Sanctions, Economy, and Russia-Ukraine War
Political Geography:
Russia and Azerbaijan

2. The Economic Consequences of Russia-Ukraine War for Azerbaijan

Author:
Emin Mammadov
Publication Date:
03-2022
Content Type:
Working Paper
Institution:
Center for Economic and Social Development (CESD)
Abstract:
The past three decades of independence demonstrate that Russia remains a strategically economic and political partner, and multidirectional relations between two parties historically were of crucial importance. In the year 2021, total trade turnover between Russia and Azerbaijan accounted for 2.295 bln USD with a 12% upsurge recovering to pre-pandemic levels. Russia ranked as the 3hd largest trade partner of Azerbaijan in 2021 following Italy and Turkey and the share of trade with Russia alone made up 8.83% of the total in this period.
Topic:
Politics, Economy, Trade, and Russia-Ukraine War
Political Geography:
Russia, Ukraine, and Azerbaijan

3. On the brink of Subsequent Sanctions Against Russia Implications for Azerbaijan

Author:
Emin Mammadov
Publication Date:
12-2022
Content Type:
Working Paper
Institution:
Center for Economic and Social Development (CESD)
Abstract:
In response to Russia’s continuing war against Ukraine and the scope of the current escalation against humanity and civilian infrastructure in Ukraine, the European Council adopts the ninth package of new sanctions targeted to step up the existing pressure on Russia and its government. Since March 2014, the EU has progressively imposed prohibitive measures on Russia in this vein including individual sanctions, economic sanctions including energy, transport, and diplomatic sanctions of which multidimensional backgrounds are attributed to the illegal annexation of Crimea, Russia’s military attack on Ukraine and illegal annexation of Donetsk, Luhansk, Zaporizhzhia and Kherson regions in the current year.
Topic:
Sanctions, European Union, Regional Security, and Russia-Ukraine War
Political Geography:
Russia, Eurasia, Caucasus, and Azerbaijan