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20 February 2006

The world is not enough

Beer in Azerbaijan | You would have thought that countries that are rich in natural resources would grow faster than others. Wealth would tickle down and eventually people would unite to enjoy “beer and kebab for all.” Well, perish that thought. Countries that strike oil often tend to do badly. Now that billions of dollars have been poured into post-Soviet Azerbaijan to secure a share of its oil, the question is: will Azerbaijan manage its wealth more wisely than others? Or will it become the Nigeria of the Caspian Sea?

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