Presentation on the fuzzy quality analysis of socio-economic system in Azerbaijan
The Center for Economic Research estimates the quality of the presentation of the socio-economic system in Azerbaijan defined by fuzzy analysis. This is the first peer review in the world.
Analysis of the socio-economic system of the country was made by the head of laboratory Fuzzy Economy of the Institute of Cybernetics of the National Academy of Sciences of Azerbaijan Korkmaz Imanov. Overall, the analysis, which was based on official statistics and expertise in the various sectors of society, rated the quality of social and economic system as "average."
Low estimate was given to the social climate. Economic system, in spite of the many positive aspects of it, got 0.5 from 1 possible score. As estimated Imanov, the middle class in Azerbaijan includes only 9% of the population. Approximately 10% of the population lives below the poverty line. The bulk of the population has low purchasing capacity.
The formula of fuzzy analysis of the quality of social and economic system is applicable to all countries. Materials of fuzzy analysis of the socio-economic status were published in many countries. - 08C -
-
- Economics
- 20 November 2012 16:16
Economics
-
The Baku International Sea Trade Port, a critical link in the Middle Corridor connecting East and West, handled 7.6 million tons of cargo in 2024, marking a 3.2% increase from the previous year. This growth underscores the port's expanding role in global trade and its significance as a transit hub for countries such as China, Turkey, Georgia, Iran, and Russia.
-
Azerbaijan’s state oil company SOCAR has acquired a 3% stake in the offshore SARB and Umm Lulu concession in the United Arab Emirates (UAE) from Abu Dhabi National Oil Company (ADNOC) for $285 million, marking a significant step in deepening energy ties between the two nations. The transaction, completed in May 2024, was completed in January 2025.
-
The Baku Small and Medium Business (SME) House and the Miniboss Business School have signed a memorandum of understanding aimed at developing entrepreneurial skills among children, the Small and Medium Business Development Agency (KOBIA) reported on Monday.
-
In 2025, Azerbaijan's information security and digital infrastructure remain under pressure, as experts highlight the absence of a National Internet Exchange Point (IXP). Osman Gunduz, head of the NGO Multimediya, has renewed calls for the Information and Communication Technologies Agency (İKTA) to spearhead the creation of a Milli İnternet Mübadilə Mərkəzi (National Internet Exchange Centre) in collaboration with key local providers Azertelecom, Delta Telecom, AzTelekom, and global industry leaders.
Leave a review