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Publication Date:
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June 19, 2013
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Electronic Access:
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Free Full text
(PDF file size is 579KB).
Use the free
Adobe Acrobat Reader
to view this PDF file
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Summary:
The first paper is on the oil boom in Azerbaijan, which presents a unique opportunity to speed up the development agenda, but at the same time poses challenges to the management of macroeconomic policy. A new fiscal framework to sustain macroeconomic stability and achieve fiscal sustainability is required. The second paper is on Azerbaijan's managed exchange rate policy and the need for an orderly and durable transition to more flexible exchange rate arrangements that can mitigate risks. Even if greater flexibility is not introduced in the short term, improved monetary policy framework needs to be put in place.
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Order a print copy
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Series:
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Country Report No. 13/165
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Subject(s):
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Fiscal policy | Flexible exchange rate policy | Monetary policy | Selected issues | Azerbaijan
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English
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Publication Date:
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June 19, 2013
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ISBN/ISSN:
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9781484338124/1934-7685
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Format:
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Paper
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Stock No:
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1AZEEA2013002
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Pages:
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27
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Price:
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US$18.00 )
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Please address any questions about this title to
publications@imf.org
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