Azerbaijan: Moving Toward More Diversified, Resilient, and Inclusive Development

Azerbaijan: Moving Toward More Diversified, Resilient, and Inclusive Development PDF Author: Aimee Hampel-Milagrosa
Publisher: Asian Development Bank
ISBN: 9292623117
Category : Business & Economics
Languages : en
Pages : 216

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Book Description
Azerbaijan has set the course for the economy to reduce its dependence on oil by promoting new drivers of growth. By 2025, under the government’s Strategic Roads Maps, a more diversified economy should take shape led by three sectors: agriculture, tourism, and manufacturing. Bold reforms need to strengthen areas of the economy that could otherwise impede this transition, and policy makers must resolutely stay on the reform path. The core message of this publication is diversification toward non-oil sources of growth alongside efforts to reduce macroeconomic risks and the high cost of finance, make the education system responsive to the needs of the labor market, close infrastructure gaps, and help economically significant state-owned enterprises become more efficient.

Azerbaijan: Moving Toward More Diversified, Resilient, and Inclusive Development

Azerbaijan: Moving Toward More Diversified, Resilient, and Inclusive Development PDF Author: Aimee Hampel-Milagrosa
Publisher: Asian Development Bank
ISBN: 9292623117
Category : Business & Economics
Languages : en
Pages : 216

Get Book Here

Book Description
Azerbaijan has set the course for the economy to reduce its dependence on oil by promoting new drivers of growth. By 2025, under the government’s Strategic Roads Maps, a more diversified economy should take shape led by three sectors: agriculture, tourism, and manufacturing. Bold reforms need to strengthen areas of the economy that could otherwise impede this transition, and policy makers must resolutely stay on the reform path. The core message of this publication is diversification toward non-oil sources of growth alongside efforts to reduce macroeconomic risks and the high cost of finance, make the education system responsive to the needs of the labor market, close infrastructure gaps, and help economically significant state-owned enterprises become more efficient.

Harnessing the Fourth Industrial Revolution through Skills Development in High-Growth Industries in Central and West Asia—Azerbaijan

Harnessing the Fourth Industrial Revolution through Skills Development in High-Growth Industries in Central and West Asia—Azerbaijan PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292701320
Category : Technology & Engineering
Languages : en
Pages : 150

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Book Description
Fourth Industrial Revolution (4IR) technologies have brought about unprecedented changes to labor markets, and the coronavirus disease further hastened digital transformations. While the application of 4IR technologies spell opportunities for productivity growth and income gains, they also create challenges, including job losses. Investing in skills for 4IR and incorporating 4IR technologies in the delivery of training can smoothen the transition to 4IR workplaces. To provide insights on the opportunities of 4IR, studies were undertaken in three countries—Azerbaijan, Pakistan, and Uzbekistan. This report, focusing on Azerbaijan, presents evidence from surveys of employers and training institutions, as well as an analysis of job portals for the agro-processing and transportation and storage sectors. It lays out policy directions and actions to harness the benefits of 4IR for growth, employment, and inclusive development.

Azerbaijan's Ecosystem for Technology Startups—Baku, Ganja, and Shamakhi

Azerbaijan's Ecosystem for Technology Startups—Baku, Ganja, and Shamakhi PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292697447
Category : Business & Economics
Languages : en
Pages : 90

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Book Description
Technology-based startup enterprises are an increasingly important part of the business landscape in Asia and the Pacific. By applying innovative technologies to create new products and services, they can make a significant contribution to economic development while generating social and environmental benefits. However, to survive and then thrive, tech startups require an enabling ecosystem that includes supportive government policy, adequate access to capital, skilled personnel, and quality digital infrastructure. This report assesses the current ecosystem for tech startups in Azerbaijan, specifically in Baku, Ganja, and Shamakhi, and examines the extent to which the ecosystem supports the growing number of startups. It provides recommendations on how the ecosystem can be strengthened.

Islamic Republic of Iran’s Foreign Policy in the South Caucasus

Islamic Republic of Iran’s Foreign Policy in the South Caucasus PDF Author: Shabnam Dadparvar
Publisher: Cambridge Scholars Publishing
ISBN: 1527547795
Category : Political Science
Languages : en
Pages : 516

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Book Description
This book delves into the connections between the Islamic Republic of Iran and the countries of the southern Caucasus region following the 1979 revolution. It focuses on their political, economic, and cultural interactions and elaborates on Iran's foreign policy principles, discourses, and significant decision-making institutions. It also addresses the process of nation-state building in the southern Caucasus, the challenges involved, and the geopolitical and strategic importance of this area for Iran. Factors influencing the relations are scrutinised, alongside an evaluation of the proposed accession of the Republic of Azerbaijan into Iran, based on insights from Hashemi Rafsanjani's diary. The work further investigates the legal framework of the Caspian Sea and Aras River, examines the strategic implications of the 2020 Nagorno-Karabakh conflict for Iran and other relevant actors, and analyses the repercussions of the Ukraine war on transportation routes. This book will help researchers of the Middle East and the Caucasus better understand Iran's relations with the region.

Lifelines

Lifelines PDF Author: Stephane Hallegatte
Publisher: World Bank Publications
ISBN: 1464814317
Category : Business & Economics
Languages : en
Pages : 316

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Book Description
Infrastructure—electricity, telecommunications, roads, water, and sanitation—are central to people’s lives. Without it, they cannot make a living, stay healthy, and maintain a good quality of life. Access to basic infrastructure is also a key driver of economic development. This report lays out a framework for understanding infrastructure resilience - the ability of infrastructure systems to function and meet users’ needs during and after a natural hazard. It focuses on four infrastructure systems that are essential to economic activity and people’s well-being: power systems, including the generation, transmission, and distribution of electricity; water and sanitation—especially water utilities; transport systems—multiple modes such as road, rail, waterway, and airports, and multiple scales, including urban transit and rural access; and telecommunications, including telephone and Internet connections.

Aid for Trade at a Glance 2019 Economic Diversification and Empowerment

Aid for Trade at a Glance 2019 Economic Diversification and Empowerment PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264429514
Category :
Languages : en
Pages : 532

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Book Description
This edition analyses how trade can contribute to economic diversification and empowerment, with a focus on eliminating extreme poverty, particularly through the effective participation of women and youth. It shows how aid for trade can contribute to that objective by addressing supply-side capacity and trade-related infrastructure constraints, including for micro-, small- and medium-sized enterprises notably in rural areas.

World Development Report 2009

World Development Report 2009 PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 082137608X
Category : Political Science
Languages : en
Pages : 410

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Book Description
Rising densities of human settlements, migration and transport to reduce distances to market, and specialization and trade facilitated by fewer international divisions are central to economic development. The transformations along these three dimensions density, distance, and division are most noticeable in North America, Western Europe, and Japan, but countries in Asia and Eastern Europe are changing in ways similar in scope and speed. 'World Development Report 2009: Reshaping Economic Geography' concludes that these spatial transformations are essential, and should be encouraged. The conclusion is not without controversy. Slum-dwellers now number a billion, but the rush to cities continues. Globalization is believed to benefit many, but not the billion people living in lagging areas of developing nations. High poverty and mortality persist among the world's 'bottom billion', while others grow wealthier and live longer lives. Concern for these three billion often comes with the prescription that growth must be made spatially balanced. The WDR has a different message: economic growth is seldom balanced, and efforts to spread it out prematurely will jeopardize progress. The Report: documents how production becomes more concentrated spatially as economies grow. proposes economic integration as the principle for promoting successful spatial transformations. revisits the debates on urbanization, territorial development, and regional integration and shows how today's developers can reshape economic geography.

Economic Diversification in the GCC

Economic Diversification in the GCC PDF Author: Mr.Tim Callen
Publisher: International Monetary Fund
ISBN: 1498303234
Category : Business & Economics
Languages : en
Pages : 32

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Book Description
Abstract: The economies of the six Gulf Cooperation Council (GCC) countries are heavily reliant on oil. Greater economic diversification would reduce their exposure to volatility and uncertainty in the global oil market, help create jobs in the private sector, increase productivity and sustainable growth, and help create the non-oil economy that will be needed in the future when oil revenues start to dwindle. The GCC countries have followed many of the standard policies that are usually thought to promote more diversified economies, including reforms to improve the business climate, the development of domestic infrastructure, financial deepening, and improvements in education. Nevertheless, success to date has been limited. This paper argues that increased diversification will require realigning incentives for firms and workers in the economies—fixing these incentives is the “missing link” in the GCC countries’ diversification strategies. At present, producing non-tradables is less risky and more profitable for firms as they can benefit from the easy availability of low-wage foreign labor and the rapid growth in government spending, while the continued availability of high-paying and secure public sector jobs discourages nationals from pursuing entrepreneurship and private sector employment. Measures to begin to address these incentive issues could include limiting and reorienting government spending, strengthening private sector competition, providing guarantees and financial support for those firms engaged in export activity, and implementing labor market reforms to make nationals more competitive for private sector employment.

Global Trends 2040

Global Trends 2040 PDF Author: National Intelligence Council
Publisher: Cosimo Reports
ISBN: 9781646794973
Category :
Languages : en
Pages : 158

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Book Description
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Diversification and Cooperation in a Decarbonizing World

Diversification and Cooperation in a Decarbonizing World PDF Author: Grzegorz Peszko
Publisher: World Bank Publications
ISBN: 1464813418
Category : Nature
Languages : en
Pages : 169

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Book Description
This book is the first stocktaking of what the decarbonization ofthe world economy means for fossil fuel–dependent countries.These countries are the most exposed to the impacts of globalclimate policies and, at the same time, are often unprepared tomanage them. They depend on the export of oil, gas, or coal; the useof carbon-intensive infrastructure (for example, refineries, petrochemicals,and coal power plants); or both. Fossil fuel–dependentcountries face financial, fiscal, and macro-structural risks from thetransition of the global economy away from carbon-intensive fuelsand the value chains based on them. This book focuses on managingthese transition risks and harnessing related opportunities.Diversification and Cooperation in a Decarbonizing World identifiesmultiple strategies that fossil fuel–dependent countries canpursue to navigate the turbulent waters of a low-carbon transition.The policy and investment choices to be made in the next decade willdetermine these countries’ degree of exposure and overall resilience.Abandoning their comfort zones and developing completely newskills and capabilities in a time frame consistent with the ParisAgreement on climate change is a daunting challenge and requireslong-term revenue visibility and consistent policy leadership. Thisbook proposes a constructive framework for climate strategies forfossil fuel–dependent countries based on new approaches to diversificationand international climate cooperation. Climate policy leadersshare responsibility for creating room for all countries to contributeto the goals of the Paris Agreement, taking into account the specificvulnerabilities and opportunities each country faces.