Azerbaijan is a highly oil-dependent country that needs to find new avenues for increasing its international competitiveness. Therefore, this paper analyses the competitiveness of various fruit and vegetable products by calculating domestic resource cost ratios, using the data for 2015–16 as representing base years. Out of the 10 products analysed, almost all were found to have high competitive potential, especially on the Russian and European markets. In order to maintain competitiveness in the arable sector, however, Azerbaijan will need to achieve dynamic improvements in productivity and run a wise agricultural policy.
Economic Diversification Potential: Insights from Mongolia’s Livestock Product Value Chains
Mongolia, endowed with abundant natural resources, faces a critical challenge in reducing its reliance on the mining sector and achieving...
