CEU eTD Collection (2009); Soltanova, Aysel: Developing SME Sector in Azerbaijan: Reducing Dependence on Petrodollars

CEU Electronic Theses and Dissertations, 2009
Author Soltanova, Aysel
Title Developing SME Sector in Azerbaijan: Reducing Dependence on Petrodollars
Summary Azerbaijan as an energy producing country, and as any country with rich natural resources is prone to resource curse. Presently the most important priority of the government is to restructure current resource dependent economy and to achieve more healthy and stable one. For that, the non-oil sector of economy must be developed. The current research analyzes the possible ways to achieve this and comes to a conclusion that, taking into account present socio-economic factors in Azerbaijan, the most optimal option is to achieve development in the SME sector. The main problems creating barrier for SMEs are identified as formal and informal institutions such as corruption and ineffective governance, poor access to foreign markets and to finance. At the end, policy options are suggested to solve the identified problems.
Supervisor Dimitrova-Grayzl, Valentina
Department Public Policy MA
Full texthttps://www.etd.ceu.edu/2009/soltanova_aysel.pdf

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