By Brian Padden Baku 24 December 2007 The oil curse is a term often used in explaining why many countries rich in natural resources remain underdeveloped and unstable. Corruption and the lack of democracy are often cited as factors. Oil-rich Azerbaij...
By Brian Padden Washington 24 December 2007 With oil prices reaching record highs, oil-producing countries like Azerbaijan are getting rich. Located in the energy rich Caspian region of Central Asia, Azerbaijan is expected to export one million barre...