AZERBAIJANI AND TURKISH FOREIGN TRADE VOLUME AND CURRENT ACCOUNT DEFICIT: AN EMPIRICAL STUDY Cover Image

TÜRKİYE AZERBAYCAN DIŞ TİCARET HACMİ VE CARİ AÇIK: AMPİRİK BİR ÇALIŞMA
AZERBAIJANI AND TURKISH FOREIGN TRADE VOLUME AND CURRENT ACCOUNT DEFICIT: AN EMPIRICAL STUDY

Author(s): Savaş Durmuş
Subject(s): Economic policy, International relations/trade, Evaluation research, Economic development
Published by: Hitit Üniversitesi Sosyal Bilimler Enstitüsü
Keywords: Turkey; Azerbaijan; Export; Import; Current Account Deficit;

Summary/Abstract: The socialist economic system implemented by the Union of Soviet Socialist Republics (USSR) enabled the social, economic, political and military relations between the countries forming a union through a central planning. The collapse of this Socialist economic and administrative system resulted in the disintegration of the USSR. As a result of the dissolution of the USSR, Azerbaijan declared its independence in 1991 and adopted the free market economy model. During the implementation of the new economic model, the country faced serious economic problems. The main reasons for this are the lack of adequate infrastructure, technological and economic power.

  • Issue Year: 11/2018
  • Issue No: 3
  • Page Range: 2575-2584
  • Page Count: 11
  • Language: Turkish