Economic Research Center
Encyclopedia
The Economic Research Center is a policy-research oriented nonprofit
think tank
founded in 2000 that strives to facilitate sustainable economic development and good governance
in the New Public Management
system of Azerbaijan
. ERC is the only NGO in Azerbaijan receiving support grant for establishment of institutional support.
Non-profit organization
Nonprofit organization is neither a legal nor technical definition but generally refers to an organization that uses surplus revenues to achieve its goals, rather than distributing them as profit or dividends...
think tank
Think tank
A think tank is an organization that conducts research and engages in advocacy in areas such as social policy, political strategy, economics, military, and technology issues. Most think tanks are non-profit organizations, which some countries such as the United States and Canada provide with tax...
founded in 2000 that strives to facilitate sustainable economic development and good governance
Governance
Governance is the act of governing. It relates to decisions that define expectations, grant power, or verify performance. It consists of either a separate process or part of management or leadership processes...
in the New Public Management
New Public Management
New public management is a management philosophy used by governments since the 1980s to modernise the public sector. New public management is a broad and very complex term used to describe the wave of public sector reforms throughout the world since the 1980s...
system of Azerbaijan
Azerbaijan
Azerbaijan , officially the Republic of Azerbaijan is the largest country in the Caucasus region of Eurasia. Located at the crossroads of Western Asia and Eastern Europe, it is bounded by the Caspian Sea to the east, Russia to the north, Georgia to the northwest, Armenia to the west, and Iran to...
. ERC is the only NGO in Azerbaijan receiving support grant for establishment of institutional support.