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ID 41650
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Title Alternative
On the Initial Stage of Systemic Transformation into a Market Economy : The Case of Azerbaijan
Author
Genka, Tomonori
Abstract
Azerbaijan, oil-rich country along the shore of the Caspian Sea and one ofthe fifteen republics ofthe former Soviet Union, has been paid little attention from the Japanese academic world of economic researches. After the collapse ofthe Soviet Union, Azerbaijan had been suffering from the war with Armenia on Nagorno-Karabakh, the conflict in Chechenya of Russia, domestic political unstability, high rapid inflation and the sharp decrease of production. The close of the boundary by Russia deepend further the economic crisis. It was the most urgent need for Azerbaijan to launch the establishment of the new state regime, a macro-economic satabilization and economic structural reforms. But it was almost impossible for Azerbaijan because of the war with Armenia. After six year war, in 1995, Azerbaijan launched a macro-economic satabilization and it's result is impressive in the suppression of inflation. But structural economic reforms have been stagnating in privatization, agriculture and enterprise restructuring, and production decrease has been continuing. In 1996, the structural economic reform program has started. Now, Azerbaijan is standing on the initial stage of the systemic transformation into a market economy.
Note
論説 (Article)
Published Date
1997-03-10
Publication Title
岡山大学経済学会雑誌
Publication Title Alternative
Okayama Economic Review
Volume
volume28
Issue
issue4
Publisher
岡山大学経済学会
Publisher Alternative
The Economic Association of Okayama University
Start Page
129
End Page
149
ISSN
0386-3069
NCID
AN00032897
Content Type
Journal Article
language
日本語
File Version
publisher
Refereed
True
Eprints Journal Name
oer