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Political Risk / Azerbaijan

Crushed

January 2006 | Political Risk Analysis

After the period of relative political uncertainty preceding the much-hyped parliamentary elections in November, stability was restored by a resounding win for the ruling New Azerbaijan Party. However, while this may ease those with investment interests in the oil-rich republic, the whole process does not bode well for the future of domestic politics and the advance of democracy. The opposition, united and rejuvenated by velvet revolutions elsewhere in the Commonwealth of Independent States (CIS) region, has been left crushed both by the election result and the muted western support in criticising a poll considered flawed by international observers. Moreover, as

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