E. Rustamov, Central Bank's Governor of Azerbaijan, 32, Rashid Behbudov Str., Baku, AZ1014, Azerbaijan (aKhagani@gmail.com)
In the present article, the experience of market economy construction and macroeconomic management problem solving at different stages of Azerbaijan's development is considered. To assess effectiveness of the economic policy pursued, a comparative approach is used. Key economy characteristics are compared with typical or average criteria applied to groups of countries with economies resembling Azerbaijan in a certain way.
transition economy, Azerbaijan's economy, economic policy, monetary policy, transitional recession, recovery growth, investment breakthrough, economic boom, earnings from oil-extraction
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