The Limits of Transparency Promotion in Azerbaijan: External Remedies to ‘Reverse the Curse’

This paper evaluates external factors that shape the establishment of transparent institutions, with a focus on the work of the Extractive Industries Transparency Initiative in Azerbaijan. The evidence from Azerbaijan suggests that in hydrocarbon-rich countries, genuine reform can only be achieved through the combined efforts of external and domestic actors. More specifically, the paper argues that transparency promotion from abroad relies on the existence of political accountability and genuine anti-corruption measures in order to work as intended. The case of Azerbaijan illustrates the potential limitations of external remedies to the ‘resource curse’ and emphasises the significance of accountability in political regimes.