Diverzifikace ekonomiky Ázerbajdžánu

The bachelor's thesis deals with the diversification of the economy of Azerbaijan. The country is characterized by a high dependence on oil and natural gas exports, which is risky due to fluctuating oil prices on the world market and a limited amount of mineral wealth. The aim of the bachelor thesis is to analyze the diversification strategy of Azerbaijan and the economic situation in the country. The development of small and medium-sized enterprises is considered key to the country's diversification strategies. These businesses can provide more jobs and ensure higher added value. Currently, the number of small and medium-sized enterprises in Azerbaijan is below the average values of OECD countries. The tourism industry has significant potential for the country's development. Although the government has invested large sums in this industry, it has not been fully developed. The primary reason for the country's low visitor numbers is the tense situation between Azerbaijan and Armenia, which makes the country seem unsafe for tourists. Emphasis should be placed on how to overcome this challenge and thus increase the profitability of Azerbaijan for tourists.