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Managing Oil Wealth

by Mr.Eric Le Borgne , Mr.John Wakeman-Linn , Mr.Koba Gvenetadze , Mr.Niko Hobdari , Mr.Stephan Danninger , Ms.Chonira Aturupane

📖 The Scoop

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.

Genre: Business & Economics / Taxation / General (fancy, right?)

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