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Author: Mr.Ehtisham Ahmad
Publisher: International Monetary Fund
ISBN: 1451843429
Category : Business & Economics
Languages : en
Pages : 27
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Book Description
Control over natural resource revenues is a contentious, politically divisive issue in most developing countries-especially for oil production. A typical policy response of the center in such cases has been to introduce revenue sharing arrangements. Such measures have generally not assuaged the aspirations of the oil-producing regions and have exposed them to volatility in their revenue flows that they are generally unable to cope with. An alternative is to assign more stable revenue bases to the regional administrations, together with a general-purpose transfer system that incorporates a floor. This acts as an insurance mechanism for the regional administrations and facilitates the stable provision of public services in the oil-production regions, as well as the possibility of redistribution. We use the recent history of oil-revenue sharing in Nigeria to illustrate the propositions.
Author: Mr.Ehtisham Ahmad
Publisher: International Monetary Fund
ISBN: 1451843429
Category : Business & Economics
Languages : en
Pages : 27
Get Book Here
Book Description
Control over natural resource revenues is a contentious, politically divisive issue in most developing countries-especially for oil production. A typical policy response of the center in such cases has been to introduce revenue sharing arrangements. Such measures have generally not assuaged the aspirations of the oil-producing regions and have exposed them to volatility in their revenue flows that they are generally unable to cope with. An alternative is to assign more stable revenue bases to the regional administrations, together with a general-purpose transfer system that incorporates a floor. This acts as an insurance mechanism for the regional administrations and facilitates the stable provision of public services in the oil-production regions, as well as the possibility of redistribution. We use the recent history of oil-revenue sharing in Nigeria to illustrate the propositions.
Author: Ehtisham Ahmad
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 25
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Book Description
Author: Jeffrey Ira Herbst
Publisher:
ISBN:
Category : Natural resources
Languages : en
Pages : 14
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Book Description
Author: Augustine A. Ikein
Publisher: Ashgate Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 408
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Book Description
Taking Nigeria as a case study, this book examines how the various issues involved in fiscal federalism in a developing country are handled.
Author: Michael Tanzer
Publisher: Boston : Beacon Press
ISBN:
Category : Political Science
Languages : en
Pages : 456
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Book Description
Monograph on economic implications for developing countries of the activities of multinational enterprises of the petroleum industry, with particular reference to Iraq, India, Mexico, China and parts of Latin America - covers political aspects, trade problems, monopolys, ownership and location of industry, financial aspects, transportation costs and prices, industrial policy in respect of oil, the role of USA, the role of USSR, etc. References and statistical tables.
Author: Ehtisham Ahmad
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 30
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Book Description
Based on country experiences, the paper assesses policy options to assign oil revenues to subnational governments (SNGs). The literature recommends that oil revenues be centralized. Given political economy considerations, this paper suggests that a possible alternative is to assign stable oil-tax bases to oil-producing SNGs, supplementing these with predictable transfers from the center. Although commonly used, oil revenue-sharing arrangements are the least preferable solution, as they complicate macroeconomic management and do not provide stable financing. Revenue sharing also does not diffuse separatist tendencies, since oil-producing SNGs would still be better off by keeping their oil revenues in full.
Author: Hani Habeeb
Publisher:
ISBN:
Category : Middle East
Languages : en
Pages :
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Book Description
Author: Joshua Yindenaba Abor
Publisher: Taylor & Francis
ISBN: 1000834042
Category : Business & Economics
Languages : en
Pages : 353
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Book Description
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.
Author: Emmanuel O. Ojameruaye
Publisher:
ISBN: 142570381X
Category : Business & Economics
Languages : en
Pages : 230
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Book Description
The book is a collection of some articles the author wrote on the politics and economics of crude oil revenue and other topical national issues in Nigeria between April 2002 and July 2005 during his assignment in the United States. Most of the articles were posted on some Nigerian websites and some were published in Nigerian newspapers. The bulk of the articles book focus primarily on the political economy of the crude oil industry in Nigeria, particularly on the use and allocation of oil revenue and related issues. The articles are clustered into seven parts: the first five parts are on oil industry while last two parts are on governance and other regional and national issues. To provide background information, the appendix provides some basic information on Nigeria and the oil industry and some statistics on oil production, prices and revenue.
Author: Toyin Falola
Publisher: Cambridge University Press
ISBN: 1108837972
Category : Political Science
Languages : en
Pages : 691
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Book Description
An introduction to the politics and society of post-colonial Nigeria, highlighting the key themes of ethnicity, democracy, and development.
