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This paper explores policies for the management of oil wealth in Norway, Mexico, and Russia, and applies them to the situation in Kazakhstan to create policy guidelines to improve the

This paper explores policies for the management of oil wealth in Norway, Mexico, and Russia, and applies them to the situation in Kazakhstan to create policy guidelines to improve the management of oil wealth in Kazakhstan. Ultimately the paper recommends that Kazakhstan transfer oil wealth to the oil stabilization fund directly, that it increase the cap on annual transfers from the fund to the budget to 11 billion dollars, and that it create strict policies for the promotion of growth.

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Date Created
  • 2013-05
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  • Text
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