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  • Author: Marilisa Lorusso
  • Publication Date: 05-2012
  • Content Type: Working Paper
  • Institution: Istituto Affari Internazionali
  • Abstract: Armenian parliamentary elections were held on 6 May 2012. Five parties and a coalition won seats in Parliament. Three of them are opposition parties, two in the previous legislature were allies of the presidency party, the Republican Party. The latter comfortably won the elections. With 45% votes through the proportional system and 29 seats through the majoritarian one, the Republican Party has the absolute majority of seats, 69 out of 131. So the two main issues in Armenian foreign policy - the protracted conflict with Azerbaijan over Nagorno-Karabakh and relations with Turkey - will be addressed in continuity with the policy expressed so far by President Serzh Sargsyan, unless the regional counterparts change their strategies. With the party he chairs being confirmed as the leading political force of the country, Sargsyan will run for his second term in the upcoming presidential elections.
  • Topic: Democratization, Development, Politics
  • Political Geography: Turkey, Caucasus
  • Author: Jens Hölscher
  • Publication Date: 07-2012
  • Content Type: Working Paper
  • Institution: Istituto Affari Internazionali
  • Abstract: Azerbaijan has been the fastest growing economy of the world and it increasingly attracts the interest of foreign investors. This paper analyses the Azerbaijani economy in transition from communism to capitalism over the past decade with a focus on investment climate. Facts and figures of the apparent economic miracle are presented and a number of political obstacles considered. Azerbaijan's transition towards a market economy has not gone very far and it is mainly slowed down by low levels of trust and high levels of corruption. There are also human rights issues and freedom or press is limited. Unless and until Azerbaijan deals with these problems, shadows will continue to loom over its economic miracle.
  • Topic: Development, Economics, International Trade and Finance, Foreign Direct Investment
  • Political Geography: Caucasus, Azerbaijan