Looking at the development trajectory of the Azerbaijani economy over the past 30 years, it can be observed that it has gone through five cycles (crisis, revival, rise, stagnation, and decline) in two stages. Based on the analysis of macroeconomic indicators of Azerbaijan, which had a less oil-dependent economy in the first decade of independence and a highly oil-dependent economy for the next two decades, forecasts show that the national economy...
Analytics
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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