Abstract
In this chapter we consider the experience of three Caspian economies: Azerbaijan, Kazakhstan and Turkmenistan since independence.1 We provide an overview of the economic setting to give a regional context for our economic analysis of companies-governments relations. We pay special attention to developmental differences and the role of hydrocarbons in their economies, as well as political-economy challenges with which the governments are currently faced.
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© 2008 Yelena Kalyuzhnova
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Kalyuzhnova, Y. (2008). Economic Development and Resource Dependence. In: Economics of the Caspian Oil and Gas Wealth. Euro-Asian Studies. Palgrave Macmillan, London. https://doi.org/10.1057/9780230227552_2
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DOI: https://doi.org/10.1057/9780230227552_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-54160-7
Online ISBN: 978-0-230-22755-2
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)