Oil Windfalls

Oil Windfalls PDF Author: Alan H. Gelb
Publisher: Oxford University Press
ISBN: 9780195207743
Category : Business & Economics
Languages : en
Pages : 376

Get Book Here

Book Description
This book assesses the full impact of oil windfalls on six developing producer countries - Algeria, Ecuador, Indonesia, Nigeria, Trinidad and Tobago, and Venezuela. This is the first time that the issue has been systematically analysed and related to economics policies and underlying macroeconomic characteristics. The book adopts a broad approach, blending institutional and political aspects with quantitative analysis which includes the results of sophisticated model simulations. It presents new information on how oil discoveries have been used by producer governments, and analyses of the consequences. Finally it concludes that much of the potential benefit to producers has been dissipated, and explains why producers may actually end up worse off despite revenue gains.

Oil Windfalls

Oil Windfalls PDF Author: Alan H. Gelb
Publisher: Oxford University Press
ISBN: 9780195207743
Category : Business & Economics
Languages : en
Pages : 376

Get Book Here

Book Description
This book assesses the full impact of oil windfalls on six developing producer countries - Algeria, Ecuador, Indonesia, Nigeria, Trinidad and Tobago, and Venezuela. This is the first time that the issue has been systematically analysed and related to economics policies and underlying macroeconomic characteristics. The book adopts a broad approach, blending institutional and political aspects with quantitative analysis which includes the results of sophisticated model simulations. It presents new information on how oil discoveries have been used by producer governments, and analyses of the consequences. Finally it concludes that much of the potential benefit to producers has been dissipated, and explains why producers may actually end up worse off despite revenue gains.

Are Oil Windfalls a Blessing Or a Curse?

Are Oil Windfalls a Blessing Or a Curse? PDF Author: Alan H. Gelb
Publisher:
ISBN:
Category : Indonesia
Languages : en
Pages : 72

Get Book Here

Book Description


Managing the Oil Wealth

Managing the Oil Wealth PDF Author: Jahangir Amuzegar
Publisher: I.B. Tauris
ISBN:
Category : Business & Economics
Languages : en
Pages : 284

Get Book Here

Book Description
Charting OPEC's rise, decline and virtual disappearance as a commercial force in the world, this text strives to unravel the puzzle of why so many countries all followed the same path to economic development and with such wretched consequences.

Oil Windfalls in Ghana

Oil Windfalls in Ghana PDF Author: Jan Gottschalk
Publisher: International Monetary Fund
ISBN: 1455200751
Category : Business & Economics
Languages : en
Pages : 38

Get Book Here

Book Description
We use a calibrated multi-sector DSGE model to analyze the likely impact of oil windfalls on the Ghanaian economy, under alternative fiscal and monetary policy responses. We distinguish between the short-run impact, associated with demand-related pressures, and the medium run impact on competitiveness and growth. The impact on inflation and the real exchange rate could be moderate, especially if the fiscal authorities smooth oil-related spending or increase public spending’s import content. However, a policy mix that results in both a fiscal expansion and the simultaneous accumulation of the foreign currency proceeds from oil as international reserves—to offset the real appreciation—would raise demand pressures and crowd-out the private sector. In the medium term, the negative impact on competitiveness—resulting from ”Dutch Disease” effects—could be small, provided public spending increases the stock of productive public capital. These findings highlight the role of different policy responses, and their interaction, for the macroeconomic impact of oil proceeds.

The Impact of Oil Windfalls

The Impact of Oil Windfalls PDF Author: Alan H. Gelb
Publisher:
ISBN:
Category : Oil industries
Languages : en
Pages : 62

Get Book Here

Book Description


Do Oil Windfalls Improve Standards? Evidence from Brazil

Do Oil Windfalls Improve Standards? Evidence from Brazil PDF Author: Francesco Caselli
Publisher:
ISBN:
Category :
Languages : en
Pages : 59

Get Book Here

Book Description


Windfall

Windfall PDF Author: Meghan L. O'Sullivan
Publisher: Simon and Schuster
ISBN: 150110795X
Category : Political Science
Languages : en
Pages : 480

Get Book Here

Book Description
Windfall is the boldest profile of the world’s energy resources since Daniel Yergin’s The Quest, asserting that the new energy abundance—due to oil and gas resources once deemed too expensive—is transforming the geo-political order and is boosting American power. “Riveting and comprehensive...a smart, deeply researched primer on the subject.” —The New York Times Book Review As a new administration focuses on driving American energy production, O’Sullivan’s “refreshing and illuminating” (Foreign Policy) Windfall describes how new energy realities have profoundly affected the world of international relations and security. New technologies led to oversupplied oil markets and an emerging natural gas glut. This did more than drive down prices—it changed the structure of markets and altered the way many countries wield power and influence. America’s new energy prowess has global implications. It transforms politics in Russia, Europe, China, and the Middle East. O’Sullivan considers the landscape, offering insights and presenting consequences for each region’s domestic stability as energy abundance upends traditional partnerships, creating opportunities for cooperation. The advantages of this new abundance are greater than its downside for the US: it strengthens American hard and soft power. This is “a powerful argument for how America should capitalise on the ‘New Energy Abundance’” (The Financial Times) and an explanation of how new energy realities create a strategic environment to America’s advantage.

Oil to Cash

Oil to Cash PDF Author: Todd Moss
Publisher: CGD Books
ISBN: 1933286695
Category : Business & Economics
Languages : en
Pages : 190

Get Book Here

Book Description
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.

Oil in Putin's Russia

Oil in Putin's Russia PDF Author: Adnan Vatansever
Publisher: University of Toronto Press
ISBN: 1487522819
Category : Petroleum industry and trade
Languages : en
Pages : 349

Get Book Here

Book Description
Providing an in-depth review of Russia's key economic policies, this book is the first systematic study of the political economy of oil windfalls in Putin's Russia.

Caspian Oil Windfalls

Caspian Oil Windfalls PDF Author: Svetlana Tsalik
Publisher: Open Society Institute Central Eurasia Project
ISBN:
Category : Business & Economics
Languages : en
Pages : 276

Get Book Here

Book Description