01822cas a2200241 a 4500 AALejournalIMF017115 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475536485 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Middle East and Central Asia Dept. Republic of Azerbaijan : 2016 Article IV Consultation-Press Release; Staff Report; and Informational Annex. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (83 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 2016 Article IV Consultation highlights that the economic performance in Azerbaijan has been impaired by a number of negative shocks. Lower oil prices, weak regional growth, currency devaluations in its main trading partners, and a contraction in hydrocarbon production rapidly erased the large current account surplus the country enjoyed during the oil boom years. Near-term economic prospects remain weak. Under current policies, growth is expected to contract in 2016 and remain sluggish in the next few years, while inflation is expected to gradually decrease. The current account balance should improve as the devaluations work to limit imports and support nontraditional exports. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/296 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/296/002.2016.issue-296-en.xml IMF e-Library