Azerbaijan

A while ago I already compared Baltic nations with Caucasian nation by GDP (that time I was comparing data for 2012). Since it's second half of 2014 already, I decided to compare how 6 independent states looks alike in 2013 (Most recent data we can get from World Bank) Some might argue - why I'm comparing those regions? Well - why not?  Baltic states and South Caucasus GDP 2013/2012 Country 2012 ($bln) 2013 ($bln) Growth ($bln) Azerbaijan 68.73 73.56  4.83 Lithuania…

The GDP of the former Soviet Union countries has been a topic of interest for many economists, politicians, and individuals alike. The economic performance of these countries is seen as an indicator of their growth and development. In 2013, the GDP of the former Soviet Union countries was a mixed bag of growth and decline. This article will take a look at the GDP performance of these countries in 2013. Russia, the largest country in the former Soviet Union, had a GDP of $2.1 trillion in 2013…

Today for the first time in my life I felt tremors of earth quake and it happened in Tbilisi, capital of Georgia. Nothing serious, as it's was announced in news - magnitude of this quake was 4.8. Although using other sources I found it was even 5.2. My story will be as dumb as many other dumb stories you have heard, like  - I went to bath and then I noticed that water is swinging. Indeed, my story is dumb - I laid back to take a nap and felt my bed is swinging. OK... at first I thought and…

I spent a lovely afternoon at one of the many parks in Tbilisi on Eristavi street. I was surprised to see that there were many American people living or walking around the area. I had some free time and decided to buy an English newspaper, but I was disappointed to find out that all the newspapers and magazines at the stands were in Georgian. When I asked if they had any Russian newspapers, I was offered a crossword puzzle. I continued my search for a newspaper in English or Russian and…

<p>Looks like country of Azerbaijan is getting eager to held Olympics 2024. About that is writting newsgeorgia.ru referencing to Turkish "Anadolu"</p><p>According to Azerbaijan officials the list of candidate names will be available on 2017, and Azerbaijan is eager to see it's name on that list.</p><p>It might sound like a surprise, but for me Azerbaijan, a oil rich country in not anymore a surprise.</p><p>I have already written about…

<p>One of the stages for F1 racing will be held in Azerbaijan.</p><p>According to source first stage will be held in Azerbaijan in 2016.</p><p>Read more:&nbsp;http://www.dailymail.co.uk/sport/formulaone/article-2573270/Bernie-Eccl…;

The former Soviet Union was a vast region that encompassed a number of countries with distinct cultures, economies, and political systems. In 2013, the region was still recovering from the economic and political upheavals of the previous decades, and minimum wages varied widely across the countries that made up the former Soviet Union. Previously I have already measured and compared minimum wages in Baltic states, Caucasus and Central Asia. All of these once were a part of the Soviet Union.…

<p>Yesterday I wrote about <a href="http://reinisfischer.com/minimum-wage-baltic-states">minimum wages in Baltic states</a>. Today I would like to write about minimum wages in South Caucasus (Armenia, Azerbaijan, Georgia) countries. Both of these regions was once a part of Soviet Union, and for me it's interesting to compare how each of the regions have developed since collapse of Soviet Union.</p><p>Armenia $108, Azerbaijan $133, Georgia $54</p…

Recently I wrote an article about Georgia, then, now - future, this time I would like to write about Armenia. Landlocked land, with huge economic problems, ongoing conflicts with neighboring Azerbaijan over Nagorno-Karbakh region. A country that plans to enter Eurasian Union on January 1st, 2014.   Let's start with some basic chart: As seen from the chart above, Armenia, as well as neighboring Georgia, is no exception, in economic shrink after collapsing of Soviet Union. Now let's take a…

The 2013 Presidential elections in Azerbaijan saw the re-election of incumbent President Ilham Aliyev, who secured 84.72% of the vote, according to the Central Election Commission. President Aliyev's victory was widely expected. In the years since the 2013 Presidential elections, President Aliyev has continued to lead Azerbaijan, consolidating his power and pursuing a number of major reforms aimed at modernizing the country and strengthening its economy. During his presidency, Azerbaijan has…