Podcasts Government Asia's Developing Future Better financial literacy and inclusion would strengthen Azerbaijans financial sector

Better financial literacy and inclusion would strengthen Azerbaijans financial sector

Published: Sept. 19, 2018, 6:15 a.m.

b'The drop from peak oil prices is testing Azerbaijan\\u2019s economy and its people\\u2019s ability to adjust to a more modern financial system.\\n\\nFor the decade from 2006 to 2016, few economies were as dynamic as Azerbaijan\\u2019s. Petroleum reserves brought boom times and the economy grew by 35% in the year 2006 alone.\\n\\nBut the prosperity concealed a troubling undercurrent.\\n\\nWhen oil prices began dropping beginning in 2014, Azerbaijan\\u2019s economic resilience was tested.\\n\\nRead the transcript\\nhttps://bit.ly/2xtRsJx\\n\\nRead the working paper\\nhttps://www.adb.org/publications/financial-inclusion-financial-literacy-and-financial-education-azerbaijan\\n\\nAbout the author\\nGubad Ibadoghlu is a senior policy analyst at the Scientific-Research Institute at Azerbaijan State University of Economics, Baku.\\n\\nKnow more about ADBI\\u2019s work\\nhttps://bit.ly/2PKHg64\\nhttps://bit.ly/2NUBP77'