Managing Oil Wealth : The Case of Azerbaijan
Hobdari, Niko
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
Year of publication: |
2004
|
---|---|
Authors: | Hobdari, Niko |
Other Persons: | Aturupane, Chonira (contributor) ; Le Borgne, Eric (contributor) ; Wakeman-Linn, John (contributor) ; Gvenetadze, Koba (contributor) ; Hobdari, Niko (contributor) ; Danninger, Stephan (contributor) |
Publisher: |
Washington, D.C : International Monetary Fund |
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