The de-industrialization process In Azerbaijan Dutch disease syndrome revisited /

This paper focuses on the de-industrialization processes of Azerbaijan adopting the Dutch disease syndrome as the theoretical framework. After the emergence of Dutch disease hypotheses, resource-rich countries have become its main object of research. The consequences of Dutch disease syndrome are ch...

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Bibliographic Details
Main Author: Niftiyev Ibrahim
Corporate Author: Central European PhD Workshop on Technological Change and Development
Format: Book part
Published: Faculty of Economics and Business Administration Doctoral School in Economics Szeged 2020
Series:Proceedings of the Central European PhD Workshop on Technological Change and Development 4
Kulcsszavak:Gazdaságpolitika - Azerbajdzsán
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Online Access:http://acta.bibl.u-szeged.hu/77670
Description
Summary:This paper focuses on the de-industrialization processes of Azerbaijan adopting the Dutch disease syndrome as the theoretical framework. After the emergence of Dutch disease hypotheses, resource-rich countries have become its main object of research. The consequences of Dutch disease syndrome are chronically appreciating national currency, a shrinking manufacturing sector compared to the booming sector, and the services sector. In order to shed light on this aspect of the Azerbaijan economy, important literature examples regarded de-industrialization and Dutch disease were examined and descriptive statistics applied to visualize the economy’s recent timeline. This research mainly brings back the actuality of the Dutch disease phenomena to Azerbaijan’s economy, connecting it to the deindustrialization process on employment, output, and trade level. The main intention is to depict and to compare policy responses of the national government during and after such crisis periods like 2008–2009 and 2014–2015 in a systematic detailed manner.
Physical Description:357-396
ISBN:978-963-306-741-3