Managing Oil Wealth The Case of Azerbaijan

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...

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Bibliographic Details
Main Author: Hobdari, Niko
Other Authors: Aturupane, Chonira, Danninger, Stephan, Gvenetadze, Koba
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2004
Subjects:
Oil
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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100 1 |a Hobdari, Niko 
245 0 0 |a Managing Oil Wealth  |b The Case of Azerbaijan  |c Niko Hobdari, Chonira Aturupane, Eric Le Borgne, Koba Gvenetadze, John Wakeman-Linn, Stephan Danninger 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2004 
300 |a 50 pages 
651 4 |a Azerbaijan, Republic of 
653 |a Energy: Demand and Supply 
653 |a Public finance & taxation 
653 |a Oil 
653 |a Investments: Energy 
653 |a Taxes 
653 |a Natural resources 
653 |a Fiscal Policy 
653 |a Environmental management 
653 |a National Government Expenditures and Related Policies: General 
653 |a Foreign Exchange 
653 |a Commodities 
653 |a Energy: General 
653 |a Business Taxes and Subsidies 
653 |a Macroeconomics 
653 |a Taxation 
653 |a Oil, gas and mining taxes 
653 |a Foreign exchange 
653 |a Oil prices 
653 |a Environment 
653 |a Agricultural and Natural Resource Economics 
653 |a Natural Resources 
653 |a Currency 
653 |a Economic theory & philosophy 
653 |a Fiscal policy 
653 |a International economics 
653 |a Petroleum industry and trade 
653 |a Expenditure 
653 |a Expenditures, Public 
653 |a Prices 
653 |a Environmental and Ecological Economics: General 
653 |a Investment & securities 
653 |a Public Finance 
700 1 |a Aturupane, Chonira 
700 1 |a Danninger, Stephan 
700 1 |a Gvenetadze, Koba 
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520 |a 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