Fiscal sustainability and the State Oil Fund in Azerbaijan
Azerbaijan, like many resource-rich countries, decided to set up a sovereign wealth fund in order to avoid income volatility, to achieve intergenerational equity and to transform resource wealth into more productive assets. Azerbaijan established the State Oil Fund of the Azerbaijan Republic (SOFAZ)...
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| Format: | Article |
| Language: | English |
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SAGE Publishing
2015-07-01
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| Series: | Journal of Eurasian Studies |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S1879366515000056 |