Azerbaijan construction boom- good or bad?

An article I wrote recently for Osservatorio Balcani e Caucaso (OBC) on construction boom in Azerbaijan. 

[...] Situated on shores of the Caspian Sea, Baku, the capital of Azerbaijan, has seen a boom in the construction sector in recent years. This boom has inevitably led to dramatic changes in the city's urban development, transforming the old Soviet city into a hub of high-rise, mixed-use buildings. But it is questionable whether, in the midst of this chaotic construction boom, any of the basic principles of urban planning, protection of historical buildings, or overall supply/demand analysis have been taken into account [...]

The full article can be accessed here.

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