cam a22 2 b4500 530133539 CHVBK 20201027044306.0 m d cr |n |||||||| 130723e19980101dcu s|||| 0 |eng|d 978-1-4519-2916-4 1-4519-2916-1 (Trade Paper) : USD 15.00 Retail Price (Publisher) (SERSOL)ssj0001477334 (WaSeSS)ssj0001477334 BIP US WaSeSS Rosenberg Christoph B. Author How to Deal with Azerbaijan's Oil Boom? Policy Strategies in a Resource-Rich Transition Economy [Elektronische Daten] Washington International Monetary Fund Jan. 1998 1 online resource Free full text available for some or all content. Article availability is subject to change without notice, according to publisher decision. Die Verfügbarkeit der Online-Ressourcen ist Entscheidung des Verlags oder des Urhebers und kann ohne vorherige Ankündigung geändert werden. Annotation The petroleum-rich former Soviet republics around the Caspian Sea face the dual challenge of managing the transition to a market economy and a booming resource sector. This paper examines this challenge with particular reference to Azerbaijan. the standard Dutch disease model is modified to capture the special conditions of transition economies, with specific attention to the pattern of real exchange rate movement. Transition factors are found to add to the speed of real appreciation. Non-oil sectors may suffer, but less through the real appreciation than through transition-specific structural problems. the paper describes a medium-term policy strategy for Azerbaijan, relating its prospects to the experience in the 1970s of Ecuador, Indonesia, and Nigeria. the adverse effects of the Dutch disease may be avoided if Azerbaijan pursues policies to promote savings and open trade, and strengthens the supply side through structural policies. Saavalainen Tapio Author http://elibrary.imf.org/view/IMF001/03169-9781451929164/03169-9781451929164/03169-9781451929164.xml Volltext frei zugänglich BK020053 XK020053 XK020000 IMF E-Library E-Books von 360MarcUpdates IDSBB FREE FREE OL NELFREE2004 IDSBB 100 1- Rosenberg Christoph B. Author IDSBB 700 1- Saavalainen Tapio Author IDSBB 856 40 http://elibrary.imf.org/view/IMF001/03169-9781451929164/03169-9781451929164/03169-9781451929164.xml Volltext frei zugänglich SWISSBIB 076512231