01605cas a2200241 a 4500 AALejournalIMF000707 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451802528 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Azerbaijan : Recent Economic Developments. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (86 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper describes economic developments in the Azerbaijan Republic during the 1990s. Real GDP declined by more than 70 percent from 1992 to 1995, by which time high inflation had eroded real incomes, the exchange rate had weakened, and international reserves were nearly depleted. In early 1995, the authorities started a comprehensive stabilization program supported by the IMF's Structural Transformation Facility. Fiscal and credit policies were tightened, while a number of structural reforms were introduced, mainly in the areas of exchange and trade liberalization. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1998/083 Full text available on IMF http://elibrary.imf.org/view/journals/002/1998/083/002.1998.issue-083-en.xml IMF e-Library