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The recent resource curse literature suggests that oil promotes authoritarian regime stability. Yet the causal linkages underpinning the political resource curse remain less well understood. Using a case study of Azerbaijan, this article first examines how oil revenues benefited the existing...
Persistent link: https://www.econbiz.de/10014160911
Persistent link: https://www.econbiz.de/10013048130
This article looks at the impact of low oil prices and the resulting shortfall in oil rents on the Azerbaijani government's social-assistance policies and related expenditures and discusses its implications for social cohesion in the long run. It argues that the deployment of strategic fiscal...
Persistent link: https://www.econbiz.de/10012993976