Fundamentals of organization of the commodity based derivatives market in Azerbaijan
Vuqar Namazov Faiq |
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| Ph.D. candidate of the Azerbaijan State Economic University (UNEC) | |
| vuqarnamazov@gmail.com |
The main objective of the research is to study the fundamentals needed to create derivative financial instruments based on important macroeconomic challenges such as improving price transparency, linking small businesses to markets, reducing operating costs, creating alternative financing instruments and market institutionalization. The research was carried out based on research methods such as comparative analysis, empirical approaches and logical generalization. As a result of research an importance of the derivative financial instruments and the organization of spot markets which acts as a basis for it were investigated. In addition to the formation of new financing and risk management mechanisms, the study plays a practically significant role for the development of the agricultural sector and ensuring national food security, employment, regional development, improving the socio-economic situation, and entering foreign markets.
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Nijat. Muradov
Ph.D. student of the Institute of Economics, Ministry of Science and Education of the Republic of Azerbaijan
Abrehet. Mehari
Lecturer in Ethiopia Civil Service University, Ethiopia, Addis Ababa; Ph.D. candidate in Azerbaijan State University of Economics
Galib. Sharifov
Head of the Department of Quality Management of "Agro Procurement and Supply" OJSC, ISO standards expert
Doctor of Philosophy in Economics
Namig. Shalbuzov
Deputy Director of the Agricultural Economics Research Center
Doctor of Philosophy in Economics
Anar. Azimov
The Agrarian Services Agency at the Ministry of Agriculture of the Republic of Azerbaijan
Parviz. Aliyev
Chief of department, Agricultural Research Center
Ph.D. student of the Agricultural Research Center
Ramiz. Isgandarov
Department of "Economics and Statistics" of Azerbaijan Technical University
prof, dr
