Azerbaijan : Recent Economic Developments and Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

September 29, 2000

Electronic Access:

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Summary:

From the discussions, the paper reveals the vulnerability of the Azerbaijan banking system to conventional risk factors. Despite a stable macroeconomic environment and high margins of intermediation, the profitability of the banking system is on the decline. There has been an increase in the unemployment rate, maternal mortality rates, drop-out rates, and widespread use of unofficial user charges. The role of fiscal and monetary policies in response to an oil boom should be to facilitate a smooth transfer of resources from the non-oil traded sector.

Series:

Country Report No. 00/121

Subject:

English

Publication Date:

September 29, 2000

ISBN/ISSN:

9781451802542/1934-7685

Stock No:

1AZEEA0012000

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

75

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