Azerbaijan is entering a new historical phase. The oil boom—which boosted the economy, consolidated the country’s statehood, and gave it a new international profile—has ended. The country’s leaders have more limited financial resources to offer a society that is not as politically quiescent as it was a decade ago and where new forms of opposition, such as political Islam, are slowly emerging. For the authorities, their chief dilemma is whether they can carry out economic liberalization to revive the economy without resorting to political liberalization, which they fear will undermine their power. Technocratic members of the government are indeed making …read more
Source: 168hours
