Azerbaijan: Moving Toward More Diversified, Resilient, and Inclusive Development

Azerbaijan has set the course for the economy to reduce its dependence on oil by promoting new drivers of growth. This publication emphasizes the need for diversification, particularly in the agriculture, tourism, and manufacturing sectors.

By 2025, under the Strategic Roads Maps of the Government of Azerbaijan, a more diversified economy should take shape led by these three sectors. Bold reforms need to strengthen areas of the economy that could otherwise impede this transition, and policy ...