This paper investigates how the Republic of Azerbaijan deals with the global situations and shows main economic indicators of country. This thesis explores that impact in the small Caucasian country to the world. Republic of Azerbaijan faces a series of intense situations and opportunities from ist integration with the global world. It informs about the economic and political system in Azerbaijan and dependence of economy on oil. The paper contains the basic information about Azerbaijan, political system, natural resources, policies of the country and some extra thinking about the country. After giving brief information about Azerbaijan, the paper continues investigation through the specific topics like Dutch Disease1, Sanctions in Russia and etc.