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Saturday February 15 2025

Azerbaijan shifts next development phase through leveraging global economic strategies [EXCLUSIVE]

14 February 2025 13:53 (UTC+04:00)
Azerbaijan shifts next development phase through leveraging global economic strategies [EXCLUSIVE]
Akbar Novruz
Akbar Novruz
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As Azerbaijan continues its efforts to diversify its economy beyond natural resources, global economic strategies become increasingly relevant to its development path. However, experts may suggest the next stage of development requires a shift towards sustainable, knowledge-driven growth. In this context, Azernews spoke with Roberto Fattal Jaef, Senior Economist at the Development Research Group of the World Bank and co-author of The Middle-Income Trap. He shared key takeaways from the World Development Report and discussed how Azerbaijan can leverage these strategies for long-term economic growth.

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