Energy, Wealth and Governance in the Caucasus and Central Asia - Lessons not learned (Hardcover)

Drawing upon recent progress in development economics and political science, the book provides fresh analysis of the Caucasus and Central Asia (CCA) countries transition to a market economy by tracing the impact of natural resource endowment. The book examines the synergies between energy-rich and energy-poor states and highlights the practical consequences of both well-managed and poorly-managed deployment of energy. Featuring contributions from prominent specialists on resource-driven economies, the book argues that unless CCA elites change the way in which they deploy natural resource, revenues regional development will fall short of its potential with possible disastrous consequences. The contributors apply the experience of the developing market economies to demonstrate that the region still holds considerable potential to become an important, stable supplier of raw materials and a source of industrial demand to the global economy. However, the CCA is equally likely to become a threat to the global economy as a consequence of the misuse of energy revenues to promote the interests of predatory political elites.

General

Imprint:	Routledge
Country of origin:	United Kingdom
Series:	Central Asia Research Forum
Release date:	December 2005
First published:	2006
Editors:	Richard Auty • Indra De Soysa
Dimensions:	234 x 156 x 21mm (L x W x T)
Format:	Hardcover
Pages:	304
ISBN-13:	978-0-415-37206-0
Categories:	Books > Business & Economics > Economics > General Books > Earth & environment > The environment > Management of land & natural resources
LSN:	0-415-37206-2
Barcode:	9780415372060

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