Managing Oil Wealth: The Case of Azerbaijan
Electronic Access:
Summary:
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.
Series:
IMF Special Issues
Subject:
Commodities Environment Expenditure Fiscal policy Natural resources Oil Oil prices Oil, gas and mining taxes Prices Taxes
English
Publication Date:
April 21, 2004
ISBN/ISSN:
9781589063082
Stock No:
ISIEA0022004
Pages:
50
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