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Finance and Credit
 

The problems of Azerbaijan's fiscal policy and economic stabilization

Vol. 20, Iss. 34, SEPTEMBER 2014

Available online: 6 September 2014

Subject Heading: Foreign experience

JEL Classification: 

Pages: 43-49

Gadzhiev A-K.G. Institute of Economics of Azerbaijan National Academy of Sciences, Baku, Azerbaijan Republic
a.h.haciyev@gmail.com

The article discusses the specifics of the economic growth model of Azerbaijan and possible areas of improving the basic tools of macroeconomic stabilization of fiscal, monetary and foreign exchange policy for the medium term.

Keywords: economic growth, stabilization, tax, fiscal, policy, monetary, foreign exchange

References:

  1. Gadzhiev A. Osobennosti makroekonomicheskoi stabilizatsii v stranakh s razvivayushchimisya finansovymi rynkami. Global'nyi mir: antikrizisnye imperativy, modernizatsiya, instituty [Special aspects of macroeconomic stabilization in emerging financial markets. Global world: crisis imperatives, modernization, institutions]. Moscow, Vuzovskaya kniga Publ., 2012.
  2. Gadzhiev A. [Macroeconomic aspects of innovation-driven growth of the Azerbaijan economy]. Upravlenie innovatsiyami – 2012: materialy Mezhdunarodnoi nauchno-prakticheskoi konferentsii [Proc. Sci. Conf. “Innovation management – 2012”]. Moscow, Institute of Control Sciences of Russian Academy of Sciences Publ., 2012.
  3. Gadzhiev A. [Analyzing and assessing the equilibrium level of the exchange rate of the Azerbaijan national currency]. Statistika ХХI stoletiya: novye vyzovy, novye vozmozhnosti: sbornik materialov II Mezhdunarodnoi nauchno-prakticheskoi konferentsii [Proc. 2nd Int. Sci. Conf. “Statistics of the 21st century: new challenges, new opportunities”]. Kiev, 2013.
  4. Nienke Oomes, Aiko Mineshima. Moving to Further Exchange Rate Flexibility in Azerbaijan: the Pros and Cons. Available at: Link.
  5. Aliyev I., Haciyev A., Haciyev R. Macroeconomic policy of Azerbaijan – features of formation in the financial crisis: New Challenges of Economic and Business Development: proceedings of international conference. Riga, May 10–12, 2012. Riga, University of Latvia, 2012, pp. 13–20.
  6. Aliyev I., Haciyev A., Haciyev R. Economic Growth and Features of Macroeconomic Regulation in Azerbaijan. Journal of International Scientific Publication: Economy & Business, vol. 5, Part 4, 2011, pp. 16–24.
  7. Carling R., Kirchner S. Fiscal Rules for Limited Government: Reforming Australia’s Fiscal Responsibility Legislation. CIS Policy Monograph 98, 2009.
  8. Durevall D., Henrekson M. The Futile Quest for a Grand Explanation of Long-Run Government Expenditure. Research Institute of Industrial Economics. IFN Working Paper, no. 818, 2010.
  9. Hunter L.A. The Leviathan Project. The Institute for Social Choice and Individual Values, 2008. Available at: Link). – стр. не найдена!!
  10. Tanzi V., Schuknecht L. Reconsidering the Fiscal Role of Government: The International Perspective. American Economic Review, 1997, vol. 87, pp. 164–168.

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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