Eurasia: Natural resources and economies - Conclusion to the symposium

Abstract

Have the government policy of resource-rich economies in managing wealth succeeded in diversifying these economies and, in doing so, prevented them from being trapped by a Dutch Disease? Contributed to this symposium papers examine these issues in the settings of Russia, Azerbaijan, Kazakhstan and several other Central Asian countries. They assess SWFs' rules and performance by comparing them against best practice, review government policies in channeling wealth towards other (non) oil (or other natural resource) sectors via financial institutions and evaluate those funds' stabilizing and systemic roles during recent financial crisis. © 2011 ACES. All rights reserved.