Financial Sustainability of Economic Growth in Azerbaijan

Nadir Baymammad Akbarov ()
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Nadir Baymammad Akbarov: Azerbaijan State University of Economics

The Journal of Accounting and Management, 2025, issue 2(15), 254-266

Abstract: The identification of the drivers of sustainable economic growth in Azerbaijan over the past 30 years is of both practical and scholarly significance. This article approaches the analysis of these growth drivers through the prism of financial support for growth. To this end, the author evaluates three groups of factors that have been particularly important in the Azerbaijani context: oil and foreign investment parameters, the characteristic features of economic policy, and public borrowing. The paper also assesses the specificities of forming liberal economic relations and the features of economic reforms.

Keywords: finance; efficiency; investment; sustainability; balance of payments (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:dug:jaccma:y:2025:i:2:p:254-266

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