CEU Electronic Theses and Dissertations, 2025
| Author | Aliyev, Sanan |
|---|---|
| Title | Azerbaijan's BRICS Move: A Political Economy Case Study |
| Summary | This thesis studies how Azerbaijan’s entry into the BRICS bloc could affect politics and the economy, using a political economy approach. With BRICS growing and changing global power, Azerbaijan has to decide whether to become closer to emerging economies or stay loyal to its old Western allies. The study looks into Azerbaijan’s reasons for political actions, economic choices, and diplomatic moves, using theories of small-state realism and dependency. It considers how BRICS might provide Azerbaijan with new chances in energy, trade, and technology, but also could bring new dangers, such as rivalries in the region, unequal blocs, and possible reactions from the West. A case study method is used in the thesis to explain how Azerbaijan balances its relations with BRICS+ and the EU, always trying not to lose the support of either side. The research indicates that being part of BRICS could improve Azerbaijan’s place in the world, but it must handle issues within the bloc and deal with global geopolitical challenges. |
| Supervisor | Julius Horvath |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2025/aliyev_sanan.pdf |
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