Includes bibliographical references and index.
|Statement||edited by Boris Najman, Richard Pomfret and Gael Raballand.|
|Series||Central Asia research forum series|
|Contributions||Najman, Boris, 1969-, Pomfret, Richard W. T., Raballand, Gaël.|
|LC Classifications||HD9576.C372 E27 2007|
|The Physical Object|
|LC Control Number||2007007141|
ISBN: OCLC Number: Description: 1 online resource (xxx, pages): illustrations: Contents: Introduction / Boris Najman, Richard Pomfret and Gaël Raballand --Oil in the Caspian Basin: facts and figures / Gaël Raballand and Régis Genté --The impact of oil revenue on economic performance: analytical issues / Michael Lewin --Nominal and real exchange. The energy exporting countries of the Caspian Basin were among those countries which suffered the most severe fall in output during the transition from central planning. At the same time they tended to rank well below average in the degree to which they pursued economic reform, as measured, for example by the EBRD transition indicators. Since the late s, however, they have enjoyed some of Cited by: The opening of the Caspian Sea basin to Western investment following the breakup of the Soviet Union produced a major contest for access to the region's vast energy reserves on the part of powers as close as Russia, Turkey, and Iran, and as far away as Japan and the United States. Indeed, the struggle to exploit Caspian oil has been one of the most monumental geopolitical developments of the. The Economics and Politics of Oil in the Caspian Basin: The redistribution of oil revenues in Azerbaijan and Central Asia This book addresses the question of whether the oilboom-driven growth is sustainable and can provide a platform for long-term economic development, or whether the Caspian Basin countries will be blighted by the resource.
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