Managing oil wealth: the case of Azerbaijan.
Oil and gas production in Azerbaijan were projected to increase sharply in 2005 and 2006, respectively, reaching peaks of 1.3 million barrels a day in 2009 and 20 billion cubic meters a year in 2010. Although expected revenues over the next 20 years will be substantial, they are projected to return...
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| creator | Hobdari, Niko Hobdari, Niko Borgne, Eric Le Aturupane, Chonira Gvenetadze, Koba Wakeman-Linn, John Danninger, Stephan |
| description | Oil and gas production in Azerbaijan were projected to increase sharply in 2005 and 2006, respectively, reaching peaks of 1.3 million barrels a day in 2009 and 20 billion cubic meters a year in 2010. Although expected revenues over the next 20 years will be substantial, they are projected to return to 2004 levels by 2024. Managing this temporary windfall in a way that allows for economic diversification and increased living standards is the subject of this book, which provides extensive guidance based largely on lessons drawn from the experiences--mostly negative--of other countries. |
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| identifier | ISBN: 1451979843 |
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| language | eng |
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| source | IMF E-Library |
| subjects | Aserbaidschan Azerbaijan Erdölindustrie Management Natural resources Natürliche Ressourcen Petroleum industry and trade Public finance |
| title | Managing oil wealth: the case of Azerbaijan. |
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