Nobel laureate praises economic reforms in Azerbaijan

Edward Prescott, who received Nobel Memorial Prize in Economics in 2004, has hailed the economic reforms in Azerbaijan. He visited the Center for Economic Reforms Analysis and Communication as part of his participation in the 5th Baku International Humanitarian Forum.

Prescott said he is interested in cooperating with Azerbaijani economists as he met with Executive Director of the Center Vusal Gasimli.

They discussed major global economic trends, as well as processes occurring in the economies of the United States, the European Union and Japan.

Gasimli highlighted Azerbaijan`s national economic development strategy.