[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108350-en":3,"doc-seo-108350-105":30,"detail-sidebar-cat-0-en-105":92},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":13,"seo_description":14,"update_tm":28,"read_time":29},108350,3848291630094,"Emma Wilson","https://eur-avatar.wpscdn.com/davatar_085a072bc5b1113ac321206ff7593b45",8,"Research & Report","Azerbaijan - Country Economic Memorandum","Azerbaijan Country Economic Memorandum prepared under World Bank guidance presents an assessment of the country’s growth performance and the factors shaping medium-term prospects. It analyzes past drivers and constraints, links domestic challenges to global megatrends, and outlines an actionable policy agenda aimed at reviving and sustaining growth. The memorandum also summarizes key global trends, including weakening potential growth, strains in global value chains, evolving work patterns, and climate change and the energy transition.","11, 2022  \nPub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized  \n© 2022 International Bank for Reconstruction and Development/The World Bank 1818 H Street NW  \nWashington DC 20433 Telephone: 202-473-1000  \n[Internet: www.worldbank.org](Internet: www.worldbank.org)  \nStandard Disclaimer:  \nThis volume is a product of the staff of the International Bank for Reconstruction and Development/The World Bank. The findings, interpretations, and conclusions expressed in this paper do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.  \nCopyright Statement:  \nThe material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission maybe a violation of applicable law. The International Bank for Reconstruction and Development/The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly.  \nFor permission to photocopy or reprint any part of this work, please send a request with complete information to the  \nCopyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA, telephone 978-750-8400, fax 978-750-4470, [http://www.copyright.com/](http://www.copyright.com/) .  \nAll other queries on rights and licenses, including subsidiary rights, should be addressed to the Office of the Publisher, The World Bank, 1818 H Street NW, Washington, DC 20433, USA, fax 202-522-2422, [e-mail pubrights@worldbank.org](e-mail pubrights@worldbank.org).  \nThis report was prepared under the guidance of Sebastian Molineus (Regional Director for the South Caucasus), Lalita Moorty (Regional Director, Equitable Growth, Finance and Institutions), Sarah Michael (Country Manager, Azerbaijan) and Sandeep Mahajan (Practice Manager, Macroeconomics, Trade and Investment) . The report was led by Arvind Nair (Senior Economist, Macroeconomics, Trade and Investment), Nadir Ramazanov (Senior Economist, Macroeconomics, Trade and Investment) and Olena Bogdan (Economist, Macroeconomics, Trade and Investment) .  \nIndividual chapters were led by Olena Bogdan (Chapter 1); Nadir Ramazanov (Chapter 2); Natalia Manuilova (Senior Financial Management Specialist, Governance, Chapter 3); Tural Jamalov (Senior Financial Management Specialist, Governance, Chapter 3); Niharika Sachdeva (Strategy Analyst, IFC, Chapter 4); Katia Marina Herrera Sosa (Senior Economist, Education, Chapter 5); Isil Oral Savonitto (Consultant, Chapter 5); and Karina Acevedo Gonzalez (Consultant, Chapter 5) .  \nThe team included Evgenij Najdov (Program Leader); Steven Pennings (Research Economist, DEC); Arthur Mendes (Consultant), Peter Nagle (Senior Economist, EPGDR), Patrick Kirby (Senior Economist, EPGDR), Alberto Portugal (Senior Economist, ETIRI), Michael Ferrantino (Lead Economist, ETIRI), Karina Baba (Economist, FCI), Vidar Ovesen (Consultant), Vasif Badalsoy (Consultant), Filip Jolevski (Economist, DEC), Ifeyinwa Uchenna Onugha (Senior Private Sector Specialist, FCI), Georgiana Pop (Senior Economist, ETIMT), Cesar Borja Galan Santos (Analyst, ETIMT), Rufiz Chirag-Zade (Senior Agribusiness Specialist, Agriculture), Aira Maria Htenas (Agriculture Economist, Agriculture), Himmat Singh Sandhu (Extended Term Consultant, Digital Development), Maddalena Honorati (Senior Economist, Social Protection and Jobs), Sirma Demir Seker (Senior Economist, Social Protection and Jobs), Mirey Ovadiya (Senior Social Protection Specialist, Social Protection and Jobs), Alan Fuchs (Senior Economist, Poverty), Natsuko Kiso Nozaki (Economist, Poverty) and","cbCaitcA9pvSEEqB","https://ap.wps.com/l/cbCaitcA9pvSEEqB","pdf",7790668,5,1,247,"English","en",105,"# Table of contents\n## Abbreviations\n## Executive Summary\n## Azerbaijan’s past growth performance: drivers and constraints\n## Global megatrends and implications for Azerbaijan\n## A policy agenda for reviving and sustaining growth\n## Chapter summaries","[{\"question\":\"What topics does the Azerbaijan Country Economic Memorandum cover?\",\"answer\":\"It covers Azerbaijan’s past growth performance, key drivers and constraints, and how global megatrends affect Azerbaijan. It also presents a policy agenda to revive and sustain growth.\"},{\"question\":\"Which global megatrends are discussed?\",\"answer\":\"The memorandum addresses falling potential growth globally, strains in global value chains, changes in the nature of work, and climate change and the energy transition.\"},{\"question\":\"How is the report produced and who leads the work?\",\"answer\":\"The report is prepared under the guidance of World Bank senior regional and country leadership, and led by senior economists in macroeconomics, trade and investment, with contributions across multiple chapters and specialist teams.\"}]",1784470608,622,{"code":4,"msg":31,"data":32},"ok",{"site_id":25,"language":24,"slug":33,"title":13,"keywords":34,"description":14,"schema_data":35,"social_meta":87,"head_meta":89,"extra_data":91,"updated_unix":28},"azerbaijan-country-economic-memorandum","",{"@graph":36,"@context":86},[37,54,69],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,51],{"item":41,"name":42,"@type":43,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/document/","Document",2,{"item":49,"name":12,"@type":43,"position":50},"https://docshare.wps.com/document/research-report/",3,{"item":52,"name":13,"@type":43,"position":53},"https://docshare.wps.com/document/azerbaijan-country-economic-memorandum/108350/",4,{"url":52,"name":13,"@type":55,"author":56,"headline":13,"publisher":58,"fileFormat":61,"inLanguage":24,"description":14,"dateModified":62,"datePublished":63,"encodingFormat":61,"isAccessibleForFree":64,"interactionStatistic":65},"DigitalDocument",{"name":9,"@type":57},"Person",{"url":41,"name":59,"@type":60},"DocShare","Organization","application/pdf","2026-08-02","2026-07-19",true,{"@type":66,"interactionType":67,"userInteractionCount":20},"InteractionCounter",{"@type":68},"ViewAction",{"@type":70,"mainEntity":71},"FAQPage",[72,78,82],{"name":73,"@type":74,"acceptedAnswer":75},"What topics does the Azerbaijan Country Economic Memorandum cover?","Question",{"text":76,"@type":77},"It covers Azerbaijan’s past growth performance, key drivers and constraints, and how global megatrends affect Azerbaijan. It also presents a policy agenda to revive and sustain growth.","Answer",{"name":79,"@type":74,"acceptedAnswer":80},"Which global megatrends are discussed?",{"text":81,"@type":77},"The memorandum addresses falling potential growth globally, strains in global value chains, changes in the nature of work, and climate change and the energy transition.",{"name":83,"@type":74,"acceptedAnswer":84},"How is the report produced and who leads the work?",{"text":85,"@type":77},"The report is prepared under the guidance of World Bank senior regional and country leadership, and led by senior economists in macroeconomics, trade and investment, with contributions across multiple chapters and specialist teams.","https://schema.org",{"og:url":52,"og:type":88,"og:title":13,"og:site_name":59,"og:description":14},"article",{"robots":90,"canonical":52},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":93},[94,98,102,106,110,115,120,123,128,131,135],{"id":21,"doc_module":4,"doc_module_name":46,"category_name":95,"show_sort_weight":96,"slug":97},"Story & Novel",90,"story-novel",{"id":47,"doc_module":4,"doc_module_name":46,"category_name":99,"show_sort_weight":100,"slug":101},"Literature",80,"literature",{"id":53,"doc_module":4,"doc_module_name":46,"category_name":103,"show_sort_weight":104,"slug":105},"Exam",70,"exam",{"id":20,"doc_module":4,"doc_module_name":46,"category_name":107,"show_sort_weight":108,"slug":109},"Comic",60,"comic",{"id":111,"doc_module":4,"doc_module_name":46,"category_name":112,"show_sort_weight":113,"slug":114},6,"Technology",50,"technology",{"id":116,"doc_module":4,"doc_module_name":46,"category_name":117,"show_sort_weight":118,"slug":119},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":46,"category_name":12,"show_sort_weight":121,"slug":122},30,"research-report",{"id":124,"doc_module":4,"doc_module_name":46,"category_name":125,"show_sort_weight":126,"slug":127},9,"Religion & Spirituality",20,"religion-spirituality",{"id":126,"doc_module":4,"doc_module_name":46,"category_name":129,"show_sort_weight":126,"slug":130},"World Cup","world-cup",{"id":132,"doc_module":4,"doc_module_name":46,"category_name":133,"show_sort_weight":132,"slug":134},10,"Lifestyle","lifestyle",{"id":136,"doc_module":4,"doc_module_name":46,"category_name":137,"show_sort_weight":20,"slug":138},19,"General","general"]