Azerbaijan [electronic resource] : Systematic Country Diagnostic.
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TextSeries: Systematic Country Diagnostics | World Bank e-LibraryPublication details: Washington, D.C. : The World Bank, 2015Subject(s): Access to Finance | Access to Information | Audits | Cancer | Capital Markets | Climate Change | Commercial Banks | Competition | Credit | Debt | Decision Making | Demographics | Drinking Water | Economic Development | Economic Growth | Economics | Economies of Scale | Environment | Environmental Economics & Policies | Equity | Expenditures | Finance and Financial Sector Development | Health | Health Monitoring & Evaluation | Health Outcomes | Health, Nutrition and Population | Incentives | Knowledge | Land | Life Expectancy | Macroeconomics and Economic Growth | Natural Resources | Pastures | Physicians | Political Economy | Population Growth | Property Rights | Public Hearings | Recycling | Research Agenda | Social Networks | Taxes | Trade | Transaction Costs | Unemployment | Wages | Waste Management | Water Pollution | Weight | WorkersOnline resources: Click here to access online Abstract: Azerbaijan's performance on the twin goals has been commendable. The middle class has doubled in size and extreme poverty has almost been eliminated in the space of a decade. At the same time, regional differences persist, with significantly higher poverty rates in lagging regions, and Baku dominating overwhelmingly in terms of share of GDP. Disparities in welfare also persist between rural and urban areas as well as across social groups. As the share of the poor fell in the bottom 40 percent of the welfare distribution, the share of the vulnerable has increased. All of this suggests taking a closer look at the challenges facing Azerbaijan as it seeks to sustain and 'even out' progress on the twin goals.
Azerbaijan's performance on the twin goals has been commendable. The middle class has doubled in size and extreme poverty has almost been eliminated in the space of a decade. At the same time, regional differences persist, with significantly higher poverty rates in lagging regions, and Baku dominating overwhelmingly in terms of share of GDP. Disparities in welfare also persist between rural and urban areas as well as across social groups. As the share of the poor fell in the bottom 40 percent of the welfare distribution, the share of the vulnerable has increased. All of this suggests taking a closer look at the challenges facing Azerbaijan as it seeks to sustain and 'even out' progress on the twin goals.
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