Open Access

Sehlare Makgetlaneng

• The political economy of Azerbaijan has been interlinked in the internal and external relations of the country. This is exit for energy policy. It explains the qualitative socio-historical and political leap forward, referring to the efforts of President Heydar Aliyev, who signed the PSA with transnational energy corporations in 1994. According to this publication, the construction of multiple oil and gas pipelines represents the success of Azerbaijan's independent energy policy. Azerbaijan as a Regional Economic Driver: Opportunities and Challenges emphasises leading sectors of Azerbaijan's economy such as transport, construction, agriculture, information and communications technology, tourism and banking. It is noteworthy that the book refers to 'Azerbaijan 2020' when explaining the country's policy to transform itself from an energy-based economy to a knowledge-based one. This publication serves to recognise Azerbaijan as a reliable partner in international relations. It also scrutinises advantages and disadvantages of trade-off between strategic choices oriented to the European Union and/or the Eurasian Union.