Ambition in Azerbaijan: the government of Azerbaijan is pushing a number of initiatives to spark industry and development in a country that suffers a poverty rate of nearly 50%. Thomas Moser, head of the EBRD Office in Baku, discusses cooperative ventures between the Azerbaijan government and international financial institutions like the EBRD. (The Caucasus)

The European Bank of Reconstruction and Development (EBRD) promotes the transition process primarily through the financing of sound investment projects in Azerbaijan. By the end of 2002, the EBRD had [...]