Cover Managing Oil Wealth
Managing Oil Wealth
The Case of Azerbaijan
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Abstract

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.

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Author:
Mr. Niko A Hobdari
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,
Ms. Chonira E Aturupane
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Mr. Eric Le Borgne https://isni.org/isni/0000000404811396 International Monetary Fund

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Mr. Koba Gvenetadze
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Mr. John Wakeman-Linn
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Mr. Stephan Danninger
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Series:
IMF Special Issues
Publisher:
International Monetary Fund
Language:
Russian
Publication Date:
30 Sep 2004
DOI:
https://doi.org/10.5089/9781589063570.058
ISBN:
9781589063570
Pages:
50
Keywords:
ISI; SI; natural resource boom; government; natural resource; deficit
Legal-disclaimer:
This publication should not be reported as representing the views or policies of the International Monetary Fund. The views expressed in this work are those of the authors and do not necessarily represent those of the IMF, its Executive Board, or its management.
Content-disclaimer:
This publication is available in PDF format only.
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