CAPITAL FLOWS ACROSS BORDERS IN AZERBAIJAN

Azerbaijan is the largest recipients of Foreign Direct Investment (FDI) in the South Caucasus region, mainly to its natural resource sectors. But foreign investments to the non-oil sector also increased after 2010. In case of Azerbaijan, a weak court system, monopolistic attitudes in the domestic market and corruption, weak protection of property rights are main barriers to attract FDI to the non-oil sector.

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