Azerbaijan Republic: Selected Issues and Statistical Appendix

Volume/Issue: Volume 2003 Issue 130
Publication date: May 2003
ISBN: 9781451802634
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Topics covered in this book

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Economics- Macroeconomics , Money and Monetary Policy , Taxation - General , Natural Resources , ISCR , CR , manat , tax rate , Azerbaijan , Azerbaijan State statistics committee , manat broad money , gas revenue , oil GDP , oil revenue , Oil , gas and mining taxes , Natural resources , Demand for money , Baltics , Eastern Europe , Asia and Pacific , Global

Summary

This Selected Issues paper and Statistical Appendix for Azerbaijan aims to provide a guide to the management of Azerbaijan’s expected natural resource-generated windfall. The paper provides information on Azerbaijan’s endowment of oil and gas deposits and the projected revenue stream, and highlights the common characteristics of policies leading to the mismanagement of natural resource wealth in natural resource-abundant countries. It also outlines a medium- and long-term policy strategy for oil wealth management in Azerbaijan.