Azerbaijan is undoubtedly a model of stability and good governance in this region, said Nouriel Roubini, CEO of Roubini Macro Associates, a US-based company, at the 1st Azerbaijan International Investment Forum, APA -Economics reports.
He said that Azerbaijan is a stable country, has good governance, invests in human capital and infrastructure, and is located in a strategic position.
"The macro framework is sound, there is a monetary policy with low inflation, a moderate fiscal balance and low public debt. There is also an understanding that natural energy resources will eventually run out. Therefore, diversification of the economy is important," he added.
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