Economics' Dr Yelena Kalyuzhnova Releases New Book on Energy Economics

The School of Economics' Dr Yelena Kalyuzhnova has released a new book on energy economics.

Titled 'Economics of the Caspian Oil and Gas Wealth: Companies, Governments, Policies,' the book focuses on three Caspian economies - Kazakhstan, Azerbaijan and Turkmenistan – and explores the economic challenges involved in managing hydrocarbon wealth – ultimately the most important issues facing a resource-rich economy as it develops an exploration and production strategy.

Professor Jonathan Stern, Director of Gas Research, Oxford Institute for Energy Studies, UK says of the book, 'At last wehave a book which places the role of government and policy where it belongs: at the centre of the oil and gas development story. This is an impressively researched study; a sober and well-informed appraisal which does notattempt to over-hype the oil and gas potential of the Caspian region.'

Dr Yelena Kalyuzhnova is the Director of the Centre for Euro-Asian Studies and a Senior Lecturer in the School of Economics at the University of Reading, UK. Her research centres on transitional economies and macroeconomic issues. Dr Kalyuzhnova is the author of the first major study of the Kazakhstani economy (1998)and has contributed to a wide variety of economic studies for international organisations.