Search

Begin New Search Topic International Trade and Finance Political Geography Caucasus

11. Azerbaijan in Transition

Author:
Jens Hölscher
Publication Date:
07-2012
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
Azerbaijan has been the fastest growing economy of the world and it increasingly attracts the interest of foreign investors. This paper analyses the Azerbaijani economy in transition from communism to capitalism over the past decade with a focus on investment climate. Facts and figures of the apparent economic miracle are presented and a number of political obstacles considered. Azerbaijan's transition towards a market economy has not gone very far and it is mainly slowed down by low levels of trust and high levels of corruption. There are also human rights issues and freedom or press is limited. Unless and until Azerbaijan deals with these problems, shadows will continue to loom over its economic miracle.
Topic:
Development, Economics, International Trade and Finance, and Foreign Direct Investment
Political Geography:
Caucasus and Azerbaijan

12. Russia—Caucasian Consequences

Author:
Oxford Analytica
Publication Date:
10-1999
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
Russia's military operations in the North Caucasus have, so far, received broad domestic support and enhanced the popularity of Prime Minister Vladimir Putin. This stands in contrast to the 1994-96 conflict. The difference can be explained by the successful characterisation of the enemy as terrorists combined with the low level of conscript casualties. Moscow politicians have united broadly behind the military strategy, with opposition limited to extreme reformist groups. Two key consequences emerge from this situation. Firstly, Putin's political future is tied to the continued success of the campaign. Secondly, the nationalist fervour sparked by the conflict has reduced international investor confidence and led to domestic calls for increased defence spending.
Topic:
Security, Defense Policy, International Trade and Finance, Nationalism, and Politics
Political Geography:
Russia and Caucasus