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The Economics and Politics of Oil in the Caspian Basin - The Redistribution of Oil Revenues in Azerbaijan and Central Asia (Hardcover, New)
Loot Price: R4,311
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The Economics and Politics of Oil in the Caspian Basin - The Redistribution of Oil Revenues in Azerbaijan and Central Asia (Hardcover, New)
Series: Central Asia Research Forum
Expected to ship within 12 - 17 working days
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The Caspian Basin region has boomed since the late 1990s due to new
oil discoveries, new pipelines that have diversified countries'
transport options and world oil prices that have risen from below
$10 in 1998 to $70 in 2006. This book analyzes the experience of
the Caspian countries during the oil boom. It is founded on
empirical studies, using either macroeconomic tools or an analysis
of public budgets, or microeconometric analysis of household survey
data or fieldwork in oil-producing regions. Moving from aggregated
to disaggregated analysis and, in-keeping with its emphasis on
rigorous empirical analysis to the greatest extent possible,
several chapters are written by specialists on the Caspian region.
Whilst there is an emphasis on the economic consequences of the oil
boom, the interdisciplinary aspects of the phenomenon are also
recognized. Overall, the analysis is firmly rooted in the region,
yet the empirical studies also provide a basis for drawing broader
lessons about the effects of an oil boom.
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