Влияние девальвации на экономику и банковский сектор Азербайджана в 2015 году и в последующий период

Authors : Orkhan BABASHOV

Pages : 59-74

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Publication Date : 2019-01-23

Article Type : Research Paper

Abstract :The economic processes taking place in the Azerbaijani economy in 2001-2014 and in the post-2015 period have different characteristics. Until the second half of 2014, the steady increase in oil revenues kept the monetarous and fiscal problems in the country shadowed. Consecutive devaluation in the next period revealed that there are problems in the budget system and banking sector. Devalvation overcomes the increase in income has also aggravated the social situation of the population. Closing of a number of banks and businesses has had an impact on employment. Investigating the causes of these issues, and defining the way out of the unfavorable situation can help to regulate the devaluation consequences. 
Keywords : Finance, Currency, Devaluation, Import, Export, Price, Income, Credit