Policy Brief No. 28
- CategoryPolicy Brief
- AuthorGeorgia Chantzi
"The emergence of Azerbaijan as a regional leader
Development and Sustainability"
In the immediate post-Soviet period, Azerbaijan was in political, economic and social distress. Twenty years since independence however, Azerbaijan has achieved great improvement. Since then, the country marks great scores among the CIS countries in development and competitiveness indexes. Recently, Azerbaijan has been ranked 39th country according to “The Global Competitiveness Report 2013-2014” released by World Economic Forum. Currently, Azerbaijan endorses a new development project for the future; one based on the diversification of economy thus decreasing dependence on the oil sector.