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Direct Distribution Of Resource Revenues
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Book Synopsis Direct Distribution of Resource Revenues by : Mr.Sanjeev Gupta
Download or read book Direct Distribution of Resource Revenues written by Mr.Sanjeev Gupta and published by International Monetary Fund. This book was released on 2014-06-10 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Giving Money Away? The Politics of Direct Distribution in Resource Rich States by : Alexandra Gillies
Download or read book Giving Money Away? The Politics of Direct Distribution in Resource Rich States written by Alexandra Gillies and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The governments of resource rich states have several options for how to allocate oil and mineral revenues, including the direct distribution of revenues to their citizens. This paper discusses the political feasibility and political implications of such cash transfers in the specific context of resource-rich states. Identifying the contexts in which this policy is mostly likely to emerge, and understanding the potential governance risks and benefits, will help policymakers to consider the desirability of cash transfers as an allocation choice. Cash transfers could have positive political and governance effects, but they should not be taken for granted. Possible benefits include the creation of a constituency in favor of sound natural resource management, a more level playing field between the state and the citizens, the emergence of broad-based taxation and its positive accountability effects, and less of the principal-agent problems that currently keep resources from serving the public interest. These effects may not play out in all resource-rich states, as transfers could end up reflecting rather than reducing the extortion and rentierism that frequent these contexts. Careful country selection, strong understandings of the context, and politically aware program design could increase the likelihood that cash transfers contribute to more favorable governance outcomes.
Download or read book Oil to Cash written by Todd Moss and published by CGD Books. This book was released on 2015-06-10 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Direct Distribution of Rents and the Resource Curse in Iran: A Micro-econometric Analysis by : Mohammad Reza Farzanegan
Download or read book Direct Distribution of Rents and the Resource Curse in Iran: A Micro-econometric Analysis written by Mohammad Reza Farzanegan and published by . This book was released on 2014 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis In Search of Democracy by : Larry Diamond
Download or read book In Search of Democracy written by Larry Diamond and published by Routledge. This book was released on 2015-07-16 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author :Adiwan Fahlan Aritenang Publisher :Flipside Digital Content Company Inc. ISBN 13 :9814762954 Total Pages :322 pages Book Rating :4.8/5 (147 download)
Book Synopsis Impact of State Restructuring on Indonesia's Regional Economic Convergence by : Adiwan Fahlan Aritenang
Download or read book Impact of State Restructuring on Indonesia's Regional Economic Convergence written by Adiwan Fahlan Aritenang and published by Flipside Digital Content Company Inc.. This book was released on 2017-03-09 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Economic Development in the Middle East and North Africa by : Mohamed Sami Ben Ali
Download or read book Economic Development in the Middle East and North Africa written by Mohamed Sami Ben Ali and published by Springer. This book was released on 2016-01-26 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis How Public Investment Could Help Strengthen Iran’s Growth Potential: Issues and Options by : Amir Sadeghi
Download or read book How Public Investment Could Help Strengthen Iran’s Growth Potential: Issues and Options written by Amir Sadeghi and published by International Monetary Fund. This book was released on 2018-06-08 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Making Money Matter by : National Research Council
Download or read book Making Money Matter written by National Research Council and published by National Academies Press. This book was released on 1999-11-30 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States annually spends over $300 billion on public elementary and secondary education. As the nation enters the 21st century, it faces a major challenge: how best to tie this financial investment to the goal of high levels of achievement for all students. In addition, policymakers want assurance that education dollars are being raised and used in the most efficient and effective possible ways. The book covers such topics as: Legal and legislative efforts to reduce spending and achievement gaps. The shift from "equity" to "adequacy" as a new standard for determining fairness in education spending. The debate and the evidence over the productivity of American schools. Strategies for using school finance in support of broader reforms aimed at raising student achievement. This book contains a comprehensive review of the theory and practice of financing public schools by federal, state, and local governments in the United States. It distills the best available knowledge about the fairness and productivity of expenditures on education and assesses options for changing the finance system.
Book Synopsis Extractive Industries by : Tony Addison
Download or read book Extractive Industries written by Tony Addison and published by Oxford University Press. This book was released on 2018-09-19 with total page 704 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Crude Nation written by Raul Gallegos and published by U of Nebraska Press. This book was released on 2016-10 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Mineral Rents and the Financing of Social Policy by : Katja Hujo
Download or read book Mineral Rents and the Financing of Social Policy written by Katja Hujo and published by Springer. This book was released on 2012-05-30 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis OECD Development Policy Tools Using Extractive Revenues for Sustainable Development Policy Guidance for Resource-rich Countries by : OECD
Download or read book OECD Development Policy Tools Using Extractive Revenues for Sustainable Development Policy Guidance for Resource-rich Countries written by OECD and published by OECD Publishing. This book was released on 2019-11-25 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis African Economic Outlook 2013 Structural Transformation and Natural Resources by : OECD
Download or read book African Economic Outlook 2013 Structural Transformation and Natural Resources written by OECD and published by OECD Publishing. This book was released on 2013-06-17 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: The African Economic Outlook is the only annual report that monitors in detail the economic performance of 53 individual countries on the continent, using a strictly comparable analytical framework. The focus of the 2013 edition if structural transformation and natural resources in Africa.
Download or read book Mining for Change written by John Page and published by Oxford University Press. This book was released on 2020-02-13 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: For a growing number of countries in Africa the discovery and exploitation of natural resources is a great opportunity, but one accompanied by considerable risks. Countries dependent on oil, gas, and mining have tended to have weaker long-run growth, higher rates of poverty, and greater income inequality than less resource-abundant economies. For these resource producing economies relative prices make it more difficult to diversify into activities outside of the resource sector, limiting structural change. Mining for Change: Natural Resources and Industry in Africa presents research undertaken to understand how better management of the revenues and opportunities associated with natural resources can accelerate diversification and structural change in Africa. It begins with essays on managing the boom, the construction sector, and linking industry to the major issues that frame the question of how to use natural resources for structural change. It reports the main research results for five countries-Ghana, Mozambique, Uganda, Tanzania and Zambia. Each country study covers managing the boom, the construction sector, and linking industry to the resource. Mining for Change argues that good policy can make a difference and sets out ideas for policy change and widening the options for structural change. . An open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence.
Author :International Monetary Fund. Fiscal Affairs Department Publisher :International Monetary Fund ISBN 13 : Total Pages :82 pages Book Rating :4.F/5 ( download)
Book Synopsis Guide on Resource Revenue Transparency (2007) by : International Monetary Fund. Fiscal Affairs Department
Download or read book Guide on Resource Revenue Transparency (2007) written by International Monetary Fund. Fiscal Affairs Department and published by International Monetary Fund. This book was released on 2007-10-19 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication applies the principles of the revised IMF Code of Good Practices on Fiscal Transparency to the unique set of transparency problems faced by countries that derive a significant share of their revenues from natural resources and need to address complex and volatile transaction flows. The guide identifies and explains generally recognized good or best practices for transparency of resource revenue management. It supplements the IMF Manual on Fiscal Transparency. It is designed to give a framework for assessing resource-specific issues within broader fiscal transparency assessments (including so-called 'fiscal ROSCs').--Publisher's description.
Author :United States. Congress. Joint Economic Committee. Subcommittee on Fiscal Policy Publisher : ISBN 13 : Total Pages :1664 pages Book Rating :4.F/5 ( download)
Book Synopsis Revenue Sharing and Its Alternatives, what Future for Fiscal Federalism? by : United States. Congress. Joint Economic Committee. Subcommittee on Fiscal Policy
Download or read book Revenue Sharing and Its Alternatives, what Future for Fiscal Federalism? written by United States. Congress. Joint Economic Committee. Subcommittee on Fiscal Policy and published by . This book was released on 1967 with total page 1664 pages. Available in PDF, EPUB and Kindle. Book excerpt: