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The Azerbaijani economy is facing a massive crisis due to the systemic failure of the government to enact reforms. Global oil prices drop and the COVID-19 pandemic is widening the chasm between the haves and have-nots
Persistent link: https://www.econbiz.de/10013241398
Azerbaijan's government established a national oil fund in 1999 to address the challenges associated with oil-rich countries, such as addressing revenue fluctuations, saving for future generations and investing in development. However, as described in precept 7 of the Natural Resource Charter, a...
Persistent link: https://www.econbiz.de/10012914240