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According to the first rating of the resources management quality compiled by the “Revenue Watch Institute”, only 11 out of 58 raw powers of the world are able to truly manage quality of their natural resources. In the above mentioned list Azerbaijan is in the list of poorly governed countries, the "Finmarket" news agency writes.

The article notes that raw powers have tied their future to mining. Most of them - 41 out of 58 - brings no less than half of export revenue of the sale of these minerals on the international market. Their future depends on the fact how effectively these countries manage the mining industry.

Overall, 34 countries have received less than 40 points for the favorable market environment. These countries have high level of corruption, low efficiency of government or non-transparent budget, there are no democratic institutions there and the letter of the law is not followed.

"Azerbaijan, Russia and Venezuela are included in that list for the high level of corruption, low level of civil and political freedom and democracy,” the article notes.

The article explains that in 2012 the funds of the natural resources of all countries are assessed at $ 2 trillion, these are funds which go to cover budget deficits. Besides, 23 funds do not publish any information about their condition at all. The article highlights that in 15 countries, including Azerbaijan, these funds are used to evading the law , at the request of the government.