The Impact of Crises on Azerbaijan–European Union Economic Relations: A Trade Intensity Index Approach
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Tarih
2025
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Alanya Alaaddin Keykubat Üniversitesi
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
The primary aim of this research is to evaluate the bilateral trade and economic relations between Azerbaijan and the European Union (EU) from 2004 to 2023, utilizing the trade intensity index. The study also examines the effects of positive agreements designed to bolster these relations, along with the influence of negative factors such as economic downturns, political obstacles, and the pandemic on Azerbaijan's path toward integration with the EU. Furthermore, it seeks to assess whether the trade intensity index between Azerbaijan and the EU stands above or below the global average. After reaching a high point in 2007, trade relations between Azerbaijan and the EU were adversely impacted by external events like the 2008 global financial crisis, the COVID-19 pandemic, and the Second Karabakh War. Nonetheless, bilateral agreements, including the Eastern Partnership Program, have reinforced trade relations between the two, contributing to a positive trend in trade intensity.
The primary aim of this research is to evaluate the bilateral trade and economic relations between Azerbaijan and the European Union (EU) from 2004 to 2023, utilizing the trade intensity index. The study also examines the effects of positive agreements designed to bolster these relations, along with the influence of negative factors such as economic downturns, political obstacles, and the pandemic on Azerbaijan's path toward integration with the EU. Furthermore, it seeks to assess whether the trade intensity index between Azerbaijan and the EU stands above or below the global average. After reaching a high point in 2007, trade relations between Azerbaijan and the EU were adversely impacted by external events like the 2008 global financial crisis, the COVID-19 pandemic, and the Second Karabakh War. Nonetheless, bilateral agreements, including the Eastern Partnership Program, have reinforced trade relations between the two, contributing to a positive trend in trade intensity.
The primary aim of this research is to evaluate the bilateral trade and economic relations between Azerbaijan and the European Union (EU) from 2004 to 2023, utilizing the trade intensity index. The study also examines the effects of positive agreements designed to bolster these relations, along with the influence of negative factors such as economic downturns, political obstacles, and the pandemic on Azerbaijan's path toward integration with the EU. Furthermore, it seeks to assess whether the trade intensity index between Azerbaijan and the EU stands above or below the global average. After reaching a high point in 2007, trade relations between Azerbaijan and the EU were adversely impacted by external events like the 2008 global financial crisis, the COVID-19 pandemic, and the Second Karabakh War. Nonetheless, bilateral agreements, including the Eastern Partnership Program, have reinforced trade relations between the two, contributing to a positive trend in trade intensity.
Açıklama
Anahtar Kelimeler
European Union Economy, Avrupa Birliği Ekonomisi, Regional Development and Globalisation in International Economics, Uluslararası İktisatta Bölgesel Gelişme ve Küreselleşme
Kaynak
Alanya Academic Review
Alanya Akademik Bakış
Alanya Akademik Bakış
WoS Q Değeri
Scopus Q Değeri
Cilt
9
Sayı
3
