Managing Oil Wealth: The Case of Azerbaijan

ISIEA0022004 Image
Price:  $20.00

Author/Editor: Eric Le Borgne, Chonira Aturupane, Koba Gvenetadze, Niko Hobdari, John Wakeman-Linn, Stephan Danninger
Release Date: © April, 2004
ISBN : 978-1-58906-308-2
Stock #: ISIEA0022004
Stock Status: Available

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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.




More publications in this series: IMF Special Issues


More publications by: Eric Le Borgne ; Chonira Aturupane ; Koba Gvenetadze ; Niko Hobdari ; John Wakeman-Linn ; Stephan Danninger