How should tax systems be designed to account for the characteristics of the government, the oil companies and the … progressivity on the one hand and the incentive for the oil companies and the host government to carry risk and investment on the …

. The success of the oil sector has created new competitiveness challenges. The IMF report states that rapid increases in … oil wealth are also adding further pressures on the economy despite sound oil revenue management anchored by a fiscal rule … run aging- related costs that peak only after oil production is largely over. …

performance was broadly positive, underpinned by buoyant international oil prices and prudent fiscal and monetary policies. The … creating fiscal space for much needed additional investment and social spending. Non-oil revenues need to be mobilized by …

Recent spikes in oil prices have thrown light on how economic activity in emerging markets may be impacted by oil price … shocks. This paper conducts an empirical analysis of the effect of oil price shocks on emerging markets. It tests for the … existence of an asymmetrical relationship between oil prices and economic activity using a model developed by James Hamilton. It …

between oil prices and “the pace of freedom”. Such a principle has attracted considerable attention, as well as criticism …. This paper argues that, in order to firmly establish the existence of relationships between oil prices and autocracy, it is …

depicts a sort of energy heyday when fossil fuels are still plentiful and cheap. As oil stocks fall, alternative energy … sources become ever more viable until the day in the future when alternative energy has almost completed replaced oil. Whether … or not the peak oil type picture of consumption the model depicts actually represents a sort of energy rich heyday …

gas stategy. Diversification of the oil and gas transportation is key issue for Azerbaijan’s energy security policy. In …The Republic of Azerbaijan is one of the oil and gas rich countires of the former Soviet Union. After the second stage … of the Shah Deniz gas field, natural gas exltation and exportation became one of the key issues in Azerbaijan’s oil and …