...How does labeling works in Azerbaijan? If we look around us, we can notice that most of the products we use have icons on them, which we call labels or sustainable certification. This term refers to standards related to some issues like food, social and environmental, and it is taken by companies to show off their quality and performance to some people. This so called “labeling” started in 1980s and 90s when some labels, called “Ecolabels”, were introduced to the world. However, after 90s, the number of these labels has rapidly increased. There are two premises of these sustainable standards. First, they began to appear in the places where legislation was not so powerful, and these places demanded some action. Especially, NGO movements around the world needed these actions that were also supported by the consumer. The most interesting factories like Nike, Levi Strauss and other famous brands helped to create the welfare standards. Second, in order to show the truth about both environmental and organic values of products, which helped to increase the number of labels tremendously. We can show FLO International as an example that gained huge success and sales in the world because of their product. Other example is Forest Stewardship Council’s Standards (FSC) used for many products made from trees. However, there are some problems between consumers and B2B standards that lead many buyers to buy only something with a certain label: for example to buy books with only FSC mark...
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...BP in Azerbaijan Sustainability Report 2013 bp.com/caspian Building a stronger, safer BP About our report This report covers the calendar year ending 31 December 2013. In some instances significant events from 2014 have been included. Unless otherwise specified, the text does not distinguish between the activities of BP p.l.c. and those of its subsidiaries and affiliates. References in this report to ‘us’, ‘we’ and ‘our’ relate to BP in Azerbaijan unless otherwise stated. When we cite ‘BP in Azerbaijan’ we refer to operations in Azerbaijan only. If we refer to ‘BP AGT’ we are including all our activities in Azerbaijan, Georgia and Turkey. Specific references to ‘BP’ and the ‘BP group’ mean BP p.l.c., its subsidiaries and affiliates. All dollar amounts are in US dollars. All gas volumes are indicated in standard cubic metres or standard cubic feet. The report is issued annually by BP Exploration (Caspian Sea) Limited in its capacities as operator and manager of the joint operating company for the Azeri-Chirag-Deepwater Gunashli field, as manager of The Baku-Tbilisi-Ceyhan Pipeline Company and by BP Exploration (Shah Deniz) Limited in its capacities as operator of the Shah Deniz field and as technical operator of The South Caucasus Pipeline Company. For this report each of these entities has provided information relevant to its project and statements applicable to its project. Front cover imagery The Sangachal terminal is one of the world’s largest integrated oil and...
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...Entrepreneurship Development Foundation Public Finance Monitoring Center Baku Political Research and Advocacy Center With support of Center for International Private Enterprise (Washington D.C., USA) National Endowment for Democracy NATIONAL bUSINESS AGENDA for the improvement of the business climate in Azerbaijan in 2009 (1st edition, September 2008) CONTENTS |Introduction ……………………………………………………………………………. |3 | |1. Institutional reform …………………………………………………………….. |4 | |2. The introduction of European definitions of small businesses ……………………………………………………………………………... | | | |5 | |3. Regulatory reform ………………………………………………………………... |6 | |4. The improvement of the tax regime …………………………………….. |7 | |5. Reform of the licensing system ……………………………………………. |10 | |6. Improvement of property registration system ……………………...
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...İllik Hesabat Ìöíäÿðèæàò / Contents Ìöøàùèäÿ Øóðàñû Ñÿäðèíèí ìöðàæèÿòè Letter of the Chairman of Supervisory Board Èäàðÿ Ùåéÿòè Ñÿäðèíèí ìöðàæèÿòè Letter of the Chairperson of Executive Board 2008-æè èëäÿ Àçÿðáàéæàí èãòèñàäèééàòû Economy of Azerbaijan in 2008 2008-æè èëäÿ Àçÿðáàéæàí áàíê ñåêòîðó Banking sector of Azerbaijan in 2008 Áàíê Ðåñïóáëèêà ùàããûíäà öìóìè ìÿëóìàò General information about Bank Respublika 2008-æè èëäÿ Áàíêûí ÿñàñ ìàëèééÿ ýþñòÿðèæèëÿðè Main financial indicators of the Bank in 2008 Êðåäèò ñèéàñÿòè Loan policy Ðèñêëÿðèí èäàðÿ åäèëìÿñè Risk management Áåéíÿëõàëã ÿìÿêäàøëûã International cooperation Ìöøòÿðè õèäìÿòè âÿ ìöøòÿðèëÿðëÿ ÿëàãÿëÿð Customer service and customer relations Ìàðêåòèíã ôÿàëèééÿòè Marketing activity Èíñàí ðåñóðñëàðû Human resources Тюрflмfl ширкflтлflр Subsidiaries Консолидасийа олунмуш малиййfl щесабатлары Consolidated Financial Statements 5 7 9 13 17 21 27 31 35 39 43 47 51 55 3 Èëëèê ùåñàáàò / Annual report Ùþðìÿòëè õàíûìëàð âÿ æÿíàáëàð, 2008-жи или Азflрбайжанын сосиал-игтисади щflйатында, банк секторунун вfl Банк Республика-нын инкишафында даща бир flламflтдар ил кими гейд етмflк олар. Ил flрзиндfl юлкflдfl Цмуми Дахили Мflщсулун реал щflжми 10,8%, банк секторунун цмуми активлflри исfl 52,8% артмышдыр. Дцнйадакы игтисади бющрана бахмайараг бу эюстflрижилflр Азflрбайжан игтисадиййатынын вfl банк секторунун инкишафыны эюстflрир. Юлкflдfl апарыжы банклардан олан Банк Республика 2008-жи илдfl инкишафыны давам етмишдир вfl бир чох малиййfl эюстflрижилflри...
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...Africa[show]Algeria · Nigeria · Sudan · Ethiopia · Seychelles Uganda · Zambia · Kenya · South Africa Asia[show]Afghanistan · Pakistan · India Nepal · Sri Lanka · Vietnam China · Hong Kong · Macau · Taiwan North Korea · South Korea · Japan Malaysia · Singapore · Philippines · Thailand Europe[show]Iceland · Ireland · United Kingdom Portugal · Spain · Italy · France Netherlands · Belgium · Germany Switzerland · Luxembourg · Austria Denmark · Sweden · Norway · Finland Poland · Latvia · Lithuania · Moldova · Russia Albania · Bosnia and Herzegovina · Croatia Macedonia · Montenegro · Serbia · Slovenia Bulgaria · Romania · Greece · Cyprus Malta Middle East[show]Egypt · Israel · Lebanon Jordan · Armenia · Azerbaijan Iran · Iraq · Syria · Cyprus · Turkey North America[show] Canada · United States · Mexico Cuba · Haiti · Dominican Republic Trinidad and Tobago · Nicaragua Oceania[show]Indonesia · Papua New Guinea Australia · New Zealand · Fiji South America[show]Uruguay · Argentina · Chile · Colombia · Peru Bolivia · Brazil · Paraguay Religion Portal v · t · e Part of a series on Spirituality Outline Religion[show]History · Timeline Traditional[show]Christian (Catholic) · Mysticism Modern[show]"Spiritual but not religious"SyncretismNew religious movement Practices[show]Spiritual practiceReligious experienceEsotericism Influences Western[show]Proto-Indo-European religionHermeticismNeoplatonismIlluminationismMysticismEsoteric...
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...Federative Socialist Republic, but at the cost of 3 million people. The Red Army continued to conquer lands and became the Union of Soviet Socialist Republics in which Ukraine, Caucasus, Armenia and Azerbaijan were added. Greatly influenced by the ideas from the Communist Manifesto, Lenin implemented the NEP economic plan beginning in 1923 to try to fix a disheveled economy. Under the New Economic Policy(NEP), the government controlled the heavy industry such as railroads, banks, and factories but some private enterprise and free market were allowed. This caused an increase in production and food became more available. The death of Lenin, lead to a fight for control between Stalin, Bukharin, and Trotsky, the leader of the Red Army. Stalin took the lead with plans of industrialization and collectivization. While collectivization seemed to set standards for equality, it was greatly resisted and gave workers no motivation. With a lack of competition, there is an equality of poverty. Stalin then created 5 year plans with ambitious goals which successfully boosted the economy by 20% each year. While he does turn the USSR into a military and industrial power, it is through harsh and brutal tactics. In an attempt to match Western economic powers, Stalin completely ends private farming, forcing people to work on state farms. This leads to famine and an era of repression where the KGB acts as the secret police. There is heavy censorship and even leaders within the party find...
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...of data that the World Economic Situation and Prospects (WESP) employs to delineate trends in various dimensions of the world economy. Data sources The annex was prepared by the Development Policy and Analysis Division (DPAD) of the Department of Economic and Social Affairs of the United Nations Secretariat (UN/DESA). It is based on information obtained from the Statistics Division and the Population Division of UN/DESA, as well as from the five United Nations regional commissions, the United Nations Conference on Trade and Development (UNCTAD), the United Nations World Tourism Organization (UNWTO), the International Monetary Fund (IMF), the World Bank, the Organization for Economic Cooperation and Development (OECD), and national and private sources. Estimates for the most recent years were made by DPAD in consultation with the regional commissions, UNCTAD, UNWTO and participants in Project LINK, an international collaborative research group for econometric modelling coordinated jointly by DPAD and the University of Toronto. Forecasts for 2014 and 2015 are primarily based on the World Economic Forecasting Model of DPAD, with support from Project LINK. Data presented in WESP may differ from those published by other organizations for a series of reasons, including differences in timing, sample composition and aggregation methods. Historical data may differ from those in previous editions of WESP because of updating and changes in the availability of data for individual countries...
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...12/20/2012 | by Ana Simsive | | used car parts and accessories import to Georgia, | Contents 1. Executive Summary 3 1.1 Mission statement 4 1.2 Company vision 4 1.3 Goals and Objectives 5 1.4 Keys to Success 5 2. Brief history of business 6 2.1 Definition of the market 6 2.1 Critical needs of market and Risk 7 3. General profile of targeted clients 8 3.1 Description of products and services 9 3.2 Competitive edge 10 4. Management and organization 11 5. Marketing Strategy 12 5.1 Web Plan Summary 13 5.2 Website Marketing Strategy 13 6. Sales Forecast 14 6.1 Pricing Strategy 14 6.2 Important Assumptions 15 7. Start-up Summary 15 7.1 Start up requirement Expenses 15 7.2 Company Locations and Facilities 17 7.3 Profit and loss account 18 Appendix 19 References 21 1. Executive Summary There is a need for a large selection of quality used cars and car parts in many developing countries and reliable auto sales will sell top-quality used car parts at a competitive price. In this case the considered country of the business is Georgia. Having background information of the country’s origin, knowing economic level of the country, laws and regulations and language, the key of communication, obtains trust and meets customer demands. the family business we are running over 5 years gave us an experience in used auto sales, and this business is quite successful, but the plan of extending our business is not only what we...
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...Petroleum-Gas University of Ploiesti BULLETIN Vol. LXII No. 4/2010 103-110 Economic Sciences Series LUKOIL’s Market Strategy in Central and Eastern Europe Mihaela Oprea Ciopi Petroleum-Gas University of Ploieşti, Bd. Bucureşti 39, Ploieşti, Romania e-mail: mciopi@yahoo.com Abstract The economic environment has undergone significant development over the past 20 years marked, in particular, by the globalization of the economy and increased competitiveness. The large oil corporations significantly influence national economies and the global economy in general, as a result of their huge financial power and their profit-oriented corporate management, by identifying the most appropriate strategies and the most effective methods of business management . Currently, oil market in Central and Eastern Europe is controlled by three major players: the Austrian OMV, Hungarian MOL company and the Russian company LUKOIL, whose investment strategies and policies contributed to a decisive extent to the development and consolidation of oil industry in the countries in this area, thus in Romania too. In this context, the paper aims to analyze the strategy of developing and consolidating LUKOIL’s position on this market. Key words: strategic alliance, a global energy player, offensive strategy, territorial expansion JEL Classification: M10 Introduction The greatest oil corporations significantly influence national economies and the global economy in general...
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...Health expenditure in India C. P. Chandrasekhar Jayati Ghosh There are perceptions that government spending on health in India, which is low by international standards, has been further undermined during the period of economic liberalisation since the early 1990s. In the first of a two-article Macroscan on this subject, C. P. Chandrasekhar and Jayati Ghosh examine the relative significance of public and private expenditure on health and the trends in Central Government expenditure. The next edition will analyse health expenditure by State governments in the recent past. | In the past decade, Central Government expenditure on woman and child development has remained relatively constant as a share of GDP - Mahesh Harilal It is well known that health expenditure in India is dominated by private spending. To a large extent this is a reflection of the inadequate public spending that has been a constant if unfortunate feature of Indian development in the past half century. This is particularly unfortunate because of the large positive externalities associated with health spending, which make health spending a clear merit good. The greater reliance on private delivery of health infrastructure and health services therefore means that overall these will be socially underprovided by private agents, and also deny adequate access to the poor. This in turn has adverse outcomes not only for the affected population but for society as a whole. It adversely affects current social...
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...National Integration and Tolerance in Georgia Introduction About this report This report draws on the results of a sociological survey, desk research, media monitoring and focus group meetings conducted in Georgia in 2006. It provides a review of the legislative framework governing the protection of persons belonging to national minorities in Georgia. It also analyses public perceptions that affect the life of these persons in Georgia as a whole and more specifically in areas where persons belonging to national minorities live in large numbers. The report was prepared in the framework of the National Integration and Tolerance in Georgia Program (NITG) by the research group of the implementing agency – the United Nations Association of Georgia (UNAG), Institute of Social Researchers (ISR) and BCG Research sociological agencies and was supported through consultation and training by the Freedom House. Purpose and Context of the Report NITG program is supported by the United States Agency for International Development (USAID). The overall goal of the program is to elaborate a National Integration Strategy and Action Plan (NISAP) on national minorities through participatory approach, to ensure legitimacy, sustainability and sense of ownership towards the document among key stakeholders. Through this process, Georgia will test innovative policies and contribute to the development of best practices as a part of a legally compliant strategy document. The project also aims to build...
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...What is a SWF? About Sovereign Wealth Funds What is a Sovereign Wealth Fund? A Sovereign Wealth Fund (SWF) is a state-owned investment fund composed of financial assets such as stocks, bonds, real estate, or other financial instruments funded by foreign exchange assets. These assets can include: balance of payments surpluses, official foreign currency operations, the proceeds of privatizations, fiscal surpluses, and/or receipts resulting from commodity exports. Sovereign Wealth Funds can be structured as a fund, pool, or corporation. The definition of sovereign wealth fund exclude, among other things, foreign currency reserve assets held by monetary authorities for the traditional balance of payments or monetary policy purposes, state-owned enterprises (SOEs) in the traditional sense, government-employee pension funds, or assets managed for the benefit of individuals. Some funds also invest indirectly in domestic state-owned enterprises. In addition, they tend to prefer returns over liquidity, thus they have a higher risk tolerance than traditional foreign exchange reserves. History The term sovereign wealth fund was first used in 2005 by Andrew Rozanov in an article entitled, 'Who holds the wealth of nations?' in Central Banking journal[1]. The previous edition of the journal described the shift from traditional reserve management to sovereign wealth management; subsequently the term gained widespread use as the spending power of global officialdom has rocketed upwards...
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...March 8, 2013 Building a Foreign Business Venture in Iraq Table of Contents Natural resources and Environmental Sustainability 3 Socio – Cultural Forces 6 Economic and Socioeconomic Forces 9 Competitive and Distributive Forces 13 Political Forces 16 Appendix 19 Bibliography 21 Natural Resources and Environmental Sustainability Iraq is located in Western Asia in an area known as the Middle East. It is bordered by six countries as follows; Turkey, Iran, Jordan, Kuwait, Saudi Arabia and Syria. It doesn’t have a very long coastline but it does border the Persian Gulf for a stretch of thirty-six miles. Iraq consists of 169,235 square miles which is mostly made up of desert but also has mountain regions in the northern part of the country between Iran and Turkey but also has some marsh lands in the southern part of the country along the borders. The climate is fairly similar to that of the high desert region in California where the mountainous regions have colder winters that drop down to 39 degrees and in the summer months the desert averages 111 degrees. The capital city of Iraq which is also the largest city in the country is Baghdad and has a population just exceeding thirty million people. There are really only two major natural resources that are found in Iraq which are petroleum and natural gas. Iraq has the second largest reserve of oil in the Middle East following Saudi Arabia, amounting to 112 billion barrels...
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...The Financial Crises in Russia and East Asia: How the World Bank can Help. 1 - Overview of Asian financial crisis On July 2, 1997, the Government of Thailand abandoned its efforts to maintain a fixed- exchange rate – the Baht had been pegged to a basket of currencies dominated by the U.S. dollar – and allowed the Baht to float. This Baht quickly depreciated, falling 18% on the first day alone. The collapse of the Thai Baht was followed by speculative attacks on other countries’ currencies (including the Indonesian Rupiah, the Malaysia Ringitt, the Philippine Peso, and the Korean Won) and to a further round of forced devaluations. The collapse of fixed exchange rates was accompanied by a series of more general financial sector crises in several of these countries. Although the precise details vary, the immediate cause appears to be a mismatch between assets and liabilities in the corporate and banking sectors (in both currency and term length) and a sharp decline in asset values. These immediate problems were exacerbated by general financial sector weakness due to inadequate supervision and rampant insider lending. In many ways the crises in Asia were somewhat different than previously observed exchange rate crises. Corsetti, Pesenti and Roubini (1998) note that several of the usual indicators of a pending financial crisis – slow growth, large fiscal deficits, high rates of inflation and low savings and investment rates – were not observed in these...
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...Telecommunications in Bangladesh From Wikipedia, the free encyclopedia The liberalisation of Bangladesh’s telecommunications sector began with small steps in 1989 with the issuance of a licence to a private operator for the provision of inter alia cellular mobile services to compete with the previous monopoly provider of telecommunications services the Bangladesh Telegraph and Telephone Board (BTTB). Significant changes in the number of fixed and mobile services deployed in Bangladesh occurred in the late 1990’s and the number of services in operation have subsequently grown exponentially in the past five years. The incentives both from government and public sectors have helped to grow this sector.It is now one of the biggest sector of Bangladesh. As a populous country, it's huge market has attracted many foreign investors to invest in this sectorContents [hide] 1 Telecommunication 1.1 History 1.2 Structure 1.2.1 PSTN 1.2.2 Mobile Phone Operators 1.2.3 Long Distance Operators (as per ILDTS Policy 2007) 1.2.3.1 International Gateway (IGW) Operators 1.2.3.2 Interconnection Exchange (ICX) operators 1.2.3.3 International Internet Gateway (IIG) Operator 2 Radio 3 Television 4 Internet 4.1 Broadband Internet Access 5 International 5.1 Submarine cables 6 See also 7 References [edit] Telecommunication The telecom sector in Bangladesh is rapidly emerging. Bangladesh Telecommunication Regulatory Commission (BTRC) is the regulatory authority for this sector...
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