Foreign direct investment: potential and economic impact on Azerbaijan economy

Nijat Nazarov

Master's thesis

Abstract:

This master's thesis examines the potential of foreign direct investment (FDI) in Azerbaijan and evaluates its impact on the country's economy. Azerbaijan has been actively pursuing foreign investment to diversify its economy, promote industrial development, and reduce its dependence on oil and gas exports. The study aims to answer research questions related to the current state of FDI, the factors contributing to the success or failure of FDI initiatives, the economic impact of FDI, and the potential benefits and challenges of FDI for Azerbaijan's economy. The research employs a qualitative approach based on a literature review of academic journals, reports, and statistical databases to analyze and synthesize existing literature. The study provides insights into the factors that influence FDI inflows to Azerbaijan and the channels through which FDI affects economic growth and development.

Abstract:

This master's thesis examines the potential of foreign direct investment (FDI) in Azerbaijan and evaluates its impact on the country's economy. Azerbaijan has been actively pursuing foreign investment to diversify its economy, promote industrial development, and reduce its dependence on oil and gas exports. The study aims to answer research questions related to the current state of FDI, the factors contributing to the success or failure of FDI initiatives, the economic impact of FDI, and the potential benefits and challenges of FDI for Azerbaijan's economy. The research employs a qualitative approach based on a literature review of academic journals, reports, and statistical databases to analyze and synthesize existing literature. The study provides insights into the factors that influence FDI inflows to Azerbaijan and the channels through which FDI affects economic growth and development.

Keywords

Natural resources, Azerbaijan, Foreign direct investment, Economic development

Keywords

Azerbaijan, Foreign direct investment, Economic development, Natural resources

Language used: English

Date on which the thesis was submitted / produced: 19. 5. 2023

Thesis defence

• Date of defence: 16. 6. 2023
• Supervisor: Ondřej Šíma
• Reader: Jiří Pour

Vysoká škola ekonomická v Praze

Master programme:
Finance and Accounting