Ganja bypass road project in Azerbaijan. The Asian Development Bank’s main interventions in Azerbaijan’s transport sector will include developing the east-west and north-south corridors to boost connectivity to neighboring countries. Photo by: ADB / CC BY-NC-ND
Recent progress in Azerbaijan has been impressive. By exploiting its abundant hydrocarbon resources, the country managed to raise gross national income from $660 in 2001 to $7,350 in 2013. Over the same period, poverty incidence dropped from 49 percent to just 5 percent.
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About the author
Aimee Rae Ocampo
In her role as editor for business insight, Aimee creates and manages multimedia content and cutting-edge analysis for executives in international development. As the manager of Development Insider, Devex's flagship publication for executive members, she is constantly on the lookout for the latest news, trends and policies that influence the business of development.
