Workshop on the Impact of Oil Boom in the Caspian Basin

June 2nd, 2006

Conference venue : Paris 1 University
Maison des Sciences Economiques
106-112 Boulevard de l’Hôpital, 75013 Paris
Métro : Campo Formio

9.00 - 9.15 Opening

9.15 - 10.45 Panel 1: Assessment of the local impact of oil projects

Chair: Boris Najman, CES, CNRS-University of Paris I.

The Socio-Economic Impact of Hydrocarbon Extraction on Local/ Regional Development in Caspian Economies (Richard Auty, Lancaster University)

Global Capital Expansion and the Rise of Corporate State: Assessing Impact of Oil Boom on Kazakhstan’s Caspian Sea region (Saulesh Yessenova, Max Planck Institute, Halle University)

Discussant: Richard Pomfret, University of Adelaide.


10.45 – 11.00 Coffee Break


11.00 – 12.30 Panel 2: Redistribution of oil revenues in Kazakhstan and Azerbaijan

Chair: Mathilde Maurel, CNRS-University of Paris I.

How oil revenues are redistributed in an oil economy? The Case of Kazakhstan (Boris Najman, CES, CNRS-University of Paris I, Richard Pomfret, University of Adelaide, Gaël Raballand World Bank, Patricia Sourdin, University of Adelaide)

Redistribution of Oil Revenues in Azerbaijan (Matthias Luecke, Natalia Trofimenko, The Kiel Institute for the World Economy).

Discussant: Thierry Coville, Associate professor and resercher Negocia, CNRS.


12.30 – 14.00 Lunch


14.00 – 15.30 Panel 3: Governance and fiscal decentralization in oil economies

Chair: Richard Pomfret, University of Adelaide.

Institutions, Human Capital, and Diversification of Rentier Economies (Thorvaldur Gylfason, University of Iceland)

Fiscal Decentralization in Centralized States: The Case of Central Asia (Natalie Leschenko, Osteuropa-Institut München, Manuela Troschke, Osteuropa-Institut München)

Discussant: Gaël Raballand, World Bank.


15. 30 – 15.45 Coffee Break


16.00 – 17.30 Panel 4: Empirical investigation of dutch disease in Kazakhstan and Russia

Chair: Gaël Raballand, World Bank.

The Dutch Disease in Kazakhstan: An Empirical Investigation (Balázs Égert, Oesterrreichische National Bank, Carol S. Leonard, St Anthony’s College, University of Oxford)

The Dutch Disease: Lessons from Russia (Bernardina Algieri, Zentrum für Entwicklungsforschung (ZEF), University of Bonn)

Discussant: Mathilde Maurel, CNRS-University of Paris I.