ECONOMY


BP brings international economics knowledge to Azerbaijan

Baku, December 13, AZERTAC

BP has presented the Azerbaijani version of three international books on economics which it has sponsored as part of its support for educational development in Azerbaijan.

The three books are the most widely used at the leading international universities and have been translated into many languages. This is the first time they have been translated into Azerbaijani with the view that they will be used by the students and professors of economics as well as by a wider group of people specialising in economic theories, policies and developments.

The three books are: International Economics: Theory and Policy by Paul R. Krugman, Maurice Obstfeld and Marc J. Melitz; Macroeconomics by Olivier Blanchard; and Principles of Microeconomics by Karl E. Case, Ray C. Fair and Sharon E. Oster.

“As Azerbaijan’s long-term and reliable partner, BP is proud to be supporting initiatives and activities that help transfer international knowledge and expertise to Azerbaijan. This is part of our support for education as a priority area of BP’s sponsorship policy in Azerbaijan. The books which we selected for Azerbaijani edition are in demand at the leading international universities and as such are our contribution to all those who teach and study economics. In fact, by translating and printing these books we have given Azerbaijani students and professors of economics direct access to the treasury of global knowledge and experience. We hope to continue this initiative to help local universities in an effort to bring the best international educational practices, achievements and experience to Azerbaijan,” said BP Azerbaijan`s Vice President for Communications, External Affairs, Strategy and Region Bakhtiyar Aslanbayli as he addressed the event held on the occasion of public presentation of the three books.

The books, which are BP’s gift to local universities, will also be available to all interested people through local libraries and related academic institutions.

The total cost of the translation and printing of the three books is around 268,000AZN.

BP is one of the world's most renowned oil and gas suppliers, and is dedicated to safely developing and producing essential sources of energy.

In Azerbaijan, BP has been present for 26 years safely, efficiently and reliably operating major oil and gas exploration, development and transportation projects. To date, it has invested together with its partners more than $72 billion into projects in the country and has had a positive impact on local communities through generating tens of thousands of jobs and through its extensive social investment activities directed at building local capabilities, education, development of communities, local enterprises, sporting potential as well as research and promotion of the country’s rich cultural heritage.

In Azerbaijan, BP directly employs more than 2,550 Azerbaijani citizens who make over 90 per cent of the company’s professional staff.

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