Direct Distribution Of Resource Revenues

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Direct Distribution of Resource Revenues

Mr.Sanjeev Gupta,Mr.Alex Segura-Ubiergo,Enrique Flores
Direct Distribution of Resource Revenues Book PDF

Author : Mr.Sanjeev Gupta,Mr.Alex Segura-Ubiergo,Enrique Flores
Publisher : International Monetary Fund
Page : 26 pages
File Size : 43,7 Mb
Release : 2014-06-10
Category : Nature
ISBN : 9781498326179

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Direct Distribution of Resource Revenues by Mr.Sanjeev Gupta,Mr.Alex Segura-Ubiergo,Enrique Flores Pdf

Some scholars have argued that direct distribution of natural resource revenues to the population would help resource-rich countries escape the “resource curse.” This discussion note analyzes whether this proposal is a viable policy alternative for resource-rich countries. The first priority for policymakers is to establish fiscal policy objectives to support macroeconomic stability and development objectives. In this regard, the establishment of an adequate fiscal framework that informs decisions on how much to save and invest, or how to smooth out revenue volatility, and deal with exhaustibility issues should precede any discussion of direct distribution of resource wealth to the population.

Direct Distribution of Resource Revenues

Mr.Sanjeev Gupta,Mr.Alex Segura-Ubiergo,Enrique Flores
Direct Distribution of Resource Revenues Book PDF

Author : Mr.Sanjeev Gupta,Mr.Alex Segura-Ubiergo,Enrique Flores
Publisher : International Monetary Fund
Page : 26 pages
File Size : 44,6 Mb
Release : 2014-06-10
Category : Nature
ISBN : 9781484367209

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Direct Distribution of Resource Revenues by Mr.Sanjeev Gupta,Mr.Alex Segura-Ubiergo,Enrique Flores Pdf

Some scholars have argued that direct distribution of natural resource revenues to the population would help resource-rich countries escape the “resource curse.” This discussion note analyzes whether this proposal is a viable policy alternative for resource-rich countries. The first priority for policymakers is to establish fiscal policy objectives to support macroeconomic stability and development objectives. In this regard, the establishment of an adequate fiscal framework that informs decisions on how much to save and invest, or how to smooth out revenue volatility, and deal with exhaustibility issues should precede any discussion of direct distribution of resource wealth to the population.

Oil to Cash

Todd Moss,Caroline Lambert,Stephanie Majerowicz
Oil to Cash Book PDF

Author : Todd Moss,Caroline Lambert,Stephanie Majerowicz
Publisher : CGD Books
Page : 190 pages
File Size : 45,6 Mb
Release : 2015-06-10
Category : Business & Economics
ISBN : 9781933286693

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Oil to Cash by Todd Moss,Caroline Lambert,Stephanie Majerowicz Pdf

Oil to Cash explores one option to help countries with new oil revenue avoid the so-called resource curse: just give the money directly to citizens. A universal, transparent, and regular cash transfer would not only provide a concrete benefit to regular people, but would also create powerful incentives for citizens to hold their government accountable. Oil to Cash details how and where this idea could work and how policymakers can learn from the experiences with cash transfers in places like Mexico, Mongolia, and Alaska.

OECD Development Policy Tools Using Extractive Revenues for Sustainable Development Policy Guidance for Resource-rich Countries

OECD
OECD Development Policy Tools Using Extractive Revenues for Sustainable Development Policy Guidance for Resource rich Countries Book PDF

Author : OECD
Publisher : OECD Publishing
Page : 44 pages
File Size : 54,5 Mb
Release : 2019-11-25
Category : Electronic
ISBN : 9789264769441

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OECD Development Policy Tools Using Extractive Revenues for Sustainable Development Policy Guidance for Resource-rich Countries by OECD Pdf

Transforming natural finite assets into human, social and physical capital is a key challenge for natural resource-rich countries. This report distils related lessons from the OECD Policy Dialogue on Natural Resource-based Development on natural resource revenue management and spending for sustainable development.

Oil Wealth in Central Africa

Mr.Bernardin Akitoby,Ms.Sharmini Coorey
Oil Wealth in Central Africa Book PDF

Author : Mr.Bernardin Akitoby,Ms.Sharmini Coorey
Publisher : International Monetary Fund
Page : 249 pages
File Size : 50,8 Mb
Release : 2012-08-16
Category : Business & Economics
ISBN : 9781475549126

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Oil Wealth in Central Africa by Mr.Bernardin Akitoby,Ms.Sharmini Coorey Pdf

Despite its vast oil wealth, central Africa still struggles to sustain strong, inclusive economic growth and to generate sufficient employment opportunities, particularly for its fast-growing youth population. Drawing on new research, Oil Wealth in Central Africa lays out the macroeconomic and growth challenges facing the region; examines oil wealth management and its implications for poverty reduction; and includes four case studies that exemplify lessons learned.

Lessons for multi-level REDD+ benefit-sharing from revenue distribution in extractive resource sectors (oil, gas and mining)

Luttrell, C.,Betteridge, B.
Lessons for multi level REDD benefit sharing from revenue distribution in extractive resource sectors oil gas and mining Book PDF

Author : Luttrell, C.,Betteridge, B.
Publisher : CIFOR
Page : 18 pages
File Size : 48,7 Mb
Release : 2017-02-06
Category : Electronic
ISBN : 9786023870516

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Lessons for multi-level REDD+ benefit-sharing from revenue distribution in extractive resource sectors (oil, gas and mining) by Luttrell, C.,Betteridge, B. Pdf

This brief focuses on lessons from the extractive resource sectors (oil, gas and mining) for REDD+ benefit-sharing. Specifically, it examines the different ways that revenues accruing to the government are distributed to subnational levels and the outcomes of different arrangements for doing so. These lessons are particularly relevant for scenarios where REDD+ revenues might reach significant volumes. Two main sorts of revenue would need to be distributed in the case of REDD+: i) payments to central or sub-national governments from international sources for emissions reduced and ii) taxes and fees collected by central government from REDD+ activities (Irawan et al. 2014). In both cases, decisions are needed on how to redistribute revenue between central and sub-national levels. A key concern in decisions over public revenues is allocation across jurisdictions. In this paper, we look at the rationales behind the way revenues from the sector are shared both with sub-national governments and across extractive and non-extractive localities. This experience is relevant for key questions facing REDD+ such as how to link benefit to performance at the sub-national levels, how to compensate costs, how to distribute benefits across a nation and how to enhance development outcomes. In so doing, we address key concerns in the debate about REDD+ benefit-sharing. These include how REDD+ might act as an incentive for reducing deforestation and degradation, and how it might also be integrated into development planning to help achieve wider outcomes.

In Search of Democracy

Larry Diamond
In Search of Democracy Book PDF

Author : Larry Diamond
Publisher : Routledge
Page : 486 pages
File Size : 54,5 Mb
Release : 2015-07-16
Category : Political Science
ISBN : 9781317411376

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In Search of Democracy by Larry Diamond Pdf

This book evaluates the global status and prospects of democracy, with an emphasis on the quality of democratic institutions and the effectiveness of governance as key conditions for stable democracy. Bringing together a wide range of the author’s work over the past three decades, it advances a framework for assessing the quality of democracy and it analyzes alternative measures of democracy. Drawing on the most recent data from Freedom House, it assesses the global state of democracy and freedom, as of the beginning of 2015, and it explains why the world has been experiencing a mild but now deepening recession of democracy and freedom since 2005. A major theme of the book across the three decades of the author’s work is the relationship between democratic quality and stability. Democracies break down, Diamond argues, not so much because of economic factors but because of corrupt, inept governance that violates individual rights and the rule of law. The best way to secure democracy is to ensure that democracy is accountable, transparent, genuinely competitive, respectful of individual rights, inclusive of diverse forms and sources of participation, and responsive to the needs and aspirations of ordinary citizens. Viable democracy requires not only a state that can mobilize power to achieve collective goals, but also one that can restrain and punish the abuse of power—a particularly steep challenge for poor countries and those with natural resource wealth. The book examines these themes both in broad comparative perspective and with a deeper analysis of historical trends and future prospects in Africa and Asia,. Concluding with lessons for sustaining and reforming policies to promote democracy internationally, this book is essential reading for students and scholars interested in democracy, as well as politics and international relations more generally.

The Economics of the Oil and Gas Industry

Joshua Yindenaba Abor,Amin Karimu,Runar Brännlund
The Economics of the Oil and Gas Industry Book PDF

Author : Joshua Yindenaba Abor,Amin Karimu,Runar Brännlund
Publisher : Taylor & Francis
Page : 338 pages
File Size : 43,5 Mb
Release : 2023-03-06
Category : Business & Economics
ISBN : 9781000834024

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The Economics of the Oil and Gas Industry by Joshua Yindenaba Abor,Amin Karimu,Runar Brännlund Pdf

Energy is a key resource for transformational development globally. Oil and gas continue to play a key role in this sector irrespective of the gradual transition towards renewables and will continue to do so in most developing and emerging economies in the near future. The industry is complex and highly capital intensive not only with significant risk, but also with significant benefits. Such a complex but important sector is generally not well understood both in academic and policy circles. This book fills this void by serving as a comprehensive reference to the oil and gas sector, with a focus on emerging markets and developing economies (EMDEs). It offers in-depth coverage of the critical and contemporary issues in the economics of the oil and gas industry by carefully integrating the relevant theoretical underpinnings and practical policy issues across the value chain of the industry in relation to the development, fiscal arrangements, and the economic and financing aspects of the industry. These insights will significantly deepen the understanding of the industry and extend knowledge of the sector in ways that existing books do not. The book includes relevant cases and, thus, will serve as a valuable resource for students taking courses in market analysis of the oil and gas industry, energy economics, development economics and finance, environmental and resource economics, the political economy of the extractive industry, and development studies. Researchers and practitioners working in these areas will also find the book to be a useful reference guide.

The Oil Curse

Michael L. Ross
The Oil Curse Book PDF

Author : Michael L. Ross
Publisher : Princeton University Press
Page : 314 pages
File Size : 52,7 Mb
Release : 2013-09-08
Category : Political Science
ISBN : 9780691159638

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The Oil Curse by Michael L. Ross Pdf

Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth--and how they can turn oil from a curse into a blessing. Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats--and twice as likely to descend into civil war--than countries without oil. The Oil Curse shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse. This landmark book explains why good geology often leads to bad governance, and how this can be changed.

Economic Development in the Middle East and North Africa

Mohamed Sami Ben Ali
Economic Development in the Middle East and North Africa Book PDF

Author : Mohamed Sami Ben Ali
Publisher : Springer
Page : 227 pages
File Size : 55,5 Mb
Release : 2016-01-26
Category : Business & Economics
ISBN : 9781137480668

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Economic Development in the Middle East and North Africa by Mohamed Sami Ben Ali Pdf

Using cases on individual countries, Economic Development in the Middle East and North Africa offers diverse theoretical and empirical evidence on a variety of issues facing policymakers, investors, and other stakeholders in the region.

Impact of State Restructuring on Indonesia's Regional Economic Convergence

Adiwan Fahlan Aritenang
Impact of State Restructuring on Indonesia s Regional Economic Convergence Book PDF

Author : Adiwan Fahlan Aritenang
Publisher : Flipside Digital Content Company Inc.
Page : 322 pages
File Size : 55,7 Mb
Release : 2017-03-09
Category : Business & Economics
ISBN : 9789814762953

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Impact of State Restructuring on Indonesia's Regional Economic Convergence by Adiwan Fahlan Aritenang Pdf

The creation of the ASEAN Free Trade Area (AFTA) in 1992 and decentralization in 1999 mark the state restructuring in Indonesia. This book analyses the impact of state restructuring on regional economic development in Indonesia between 1993 and 2010. Regional economic analysis shows persistent and severe regional disparities throughout the period. Particularly, econometrics study found that decentralization has accelerated regional disparities whilst the AFTA effect is insignificant on regional economic growth. Furthermore, historical institutionalism analysis on two cities - the manufacturing industry in Batam and the creative economy in Bandung - shows that past and embedded local institutions provide the capacity to adapt and create new development paths. The book suggests the importance of local-specific policies that embrace local knowledge and institutions to develop regional specialization and competitive advantage. This book fills the gap in Indonesian literature that lacks studies on the integrated impact of decentralization and trade liberalization, both economically and politically.

How Public Investment Could Help Strengthen Iran’s Growth Potential: Issues and Options

Amir Sadeghi
How Public Investment Could Help Strengthen Iran s Growth Potential Issues and Options Book PDF

Author : Amir Sadeghi
Publisher : International Monetary Fund
Page : 25 pages
File Size : 54,9 Mb
Release : 2018-06-08
Category : Business & Economics
ISBN : 9781484345139

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How Public Investment Could Help Strengthen Iran’s Growth Potential: Issues and Options by Amir Sadeghi Pdf

Public investment is key to growth in developing oil-exporting countries and oil revenue is an important source of finance for public investment. Assessing the growth impact of public investment in Iran under various investment scaling-up (gradual, aggressive, and conservative) and oil price (baseline and adverse) scenarios, this paper shows that because of absorptive capacity constraint and investment inefficiency the growth outcome of an aggressive investment scaling-up is not significantly different from a conservative or a gradual scenario while its costs, in terms of fiscal adjustment, are significantly higher, especially during low oil price periods. An improvement in investment efficiency has a significant positive impact on growth outcome and leads to higher private consumption and investment. Using an oil fund, on the other hand, can help contain the size of fiscal adjustments, although it would result in a larger appreciation of real exchange rate and deterioration in the current account balance.

Extractive Industries

Tony Addison,Alan Roe
Extractive Industries Book PDF

Author : Tony Addison,Alan Roe
Publisher : Oxford University Press
Page : 704 pages
File Size : 46,9 Mb
Release : 2018-09-19
Category : Business & Economics
ISBN : 9780192549556

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Extractive Industries by Tony Addison,Alan Roe Pdf

This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. New initiatives recognize that resource wealth can provide a means, when properly used, for poorer nations to decisively break with poverty by diversifying economies and funding development spending. Extractive Industries: The Management of Resources as a Driver of Sustainable Development explores the challenges and opportunities facing developing countries in using oil, gas, and mining to achieve inclusive change. While resource wealth can yield prosperity it can also, when mismanaged, cause acute social inequality, deep poverty, environmental damage, and political instability. There is a new determination to improve the benefits of extractive industries to their host countries, and to strengthen the sector's governance. Extractive Industries provides a comprehensive contribution to what must be done in this sector to deliver development, protect often fragile environments from damage, enhance the rights of affected communities, and support climate change action. It brings together international experts to offer ideas and recommendations in the main policy areas. With a breadth of collective insight and experience, it argues that more attention must be given to the development role of extractive industries, and looks to the future to explain how action on climate change will profoundly shape the sector's prospects.

Crude Nation

Raul Gallegos
Crude Nation Book PDF

Author : Raul Gallegos
Publisher : U of Nebraska Press
Page : 256 pages
File Size : 41,6 Mb
Release : 2016-10
Category : Business & Economics
ISBN : 9781612348575

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Crude Nation by Raul Gallegos Pdf

Beneath Venezuelan soil lies an ocean of crude--the world's largest reserves--an oil patch that shaped the nature of the global energy business. Unfortunately, a dysfunctional anti-American, leftist government controls this vast resource and has used its wealth to foster voter support, ultimately wreaking economic havoc. Crude Nation reveals the ways in which this mismanagement has led to Venezuela's economic ruin and turned the country into a cautionary tale for the world. Raúl Gallegos, a former Caracas-based oil correspondent, paints a picture both vivid and analytical of the country's economic decline, the government's foolhardy economic policies, and the wrecked lives of Venezuelans. Without transparency, the Venezuelan government uses oil money to subsidize life for its citizens in myriad unsustainable ways, while regulating nearly every aspect of day-to-day existence in Venezuela. This has created a paradox in which citizens can fill up the tanks of their SUVs for less than one American dollar while simultaneously enduring nationwide shortages of staples such as milk, sugar, and toilet paper. Gallegos's insightful analysis shows how mismanagement has ruined Venezuela again and again over the past century and lays out how Venezuelans can begin to fix their country, a nation that can play an important role in the global energy industry.

Mineral Rents and the Financing of Social Policy

Katja Hujo
Mineral Rents and the Financing of Social Policy Book PDF

Author : Katja Hujo
Publisher : Springer
Page : 198 pages
File Size : 47,7 Mb
Release : 2012-05-30
Category : Political Science
ISBN : 9780230370913

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Mineral Rents and the Financing of Social Policy by Katja Hujo Pdf

An exploration of the implications of mineral-led wealth and the opportunities that this creates for economic and social development. The book includes theoretical and policy analyses as well as micro level country case studies, including Norway, Chile, Indonesia, Nigeria and Botswana.