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Managing oil wealth : the case of Azerbaijan /
prepared by John Wakeman-Linn ... [et al.].
imprint
Washington, D.C. : International Monetary Fund, [2004].
description
v, 44 p. : ill. ; 28 cm.
ISBN
1589063082
format(s)
Book
Holdings
More Details
added author
imprint
Washington, D.C. : International Monetary Fund, [2004].
isbn
1589063082
'with' note
Includes bibliographical references (p. 43-44).
catalogue key
5149070
A Look Inside
Summaries
Main Description
Azerbaijan has substantial reserves of oil and gas deposits, estimated to be the third largest in the Caspian region.This paper considers issues relating to the management of the country's oil resources, drawing lessons from the experiences of other countries. Topics include: the economic theory of natural resource booms; common characteristics of mismanaged natural resource wealth; institutional arrangements; oil and gas revenue prospects. It then goes on to outline a long-term strategy for oil wealth management in Azerbaijan, building on the lessons discussed.

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