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MACROECONOMIC CONSEQUENCES OF FOREIGN INVESTMENT IN AZERBAIJAN OIL INDUSTRY



Mais Gyulaliev
Rashad Aliev
mayis_gulaliyev@yahoo.com
Resh-666@mail.ru
PhD, leading researcher of the Institute of Economics of National Academy of Sciences of Azerbaijan
candidate for PhD at the Institute of Economics of National Academy of Sciences of Azerbaijan
Baku, the republic of Azerbaijan
Baku, the republic of Azerbaijan

Keywords:

  • foreign investment
  • Gross Domestic Product
  • consumer spending
  • investment environment
  • Azerbaijan
  • The research is dedicated to topical problems of appropriate assessment of the influence of investment on the country’s macroeconomics by the example of Azerbaijan.
    We carry out a detailed analysis of specific features of Azerbaijan investment environment and distinguish the key factors of investment motivation.
    We research macroeconomic consequences of foreign investment in Azerbaijan oil industry. The conclusion is made that there are strong correlations between foreign investment in Azerbaijan economy and the consumer spending volume and GDP.

    188300 Russia, Leningrad region, Gatchina, st. Roshchinskaya, 5