Showing 1 - 10 of 227
We show that the incorporation of offshore entities increases when oil and gas exploration licences are awarded. We … oil licences to construct a new data set covering 119 countries over the period 1990-2014. We consider the incorporation … association is stronger when the price of oil increases. Our work informs the fight against corruption, proposing greater …
Persistent link: https://www.econbiz.de/10013204768
evolution of the democracy level of countries affected by giant oil discoveries with the weighted democracy level of countries … democracy in the pre-event period are not affected by the peak of oil discoveries. These results support heterogeneity and non … of oil discovery from the 1970s, we find that the exogenous variation in oil endowment does not have the same effect on …
Persistent link: https://www.econbiz.de/10011532383
A large mining project has the potential to be a partner in assisting local communities in their development efforts. Communities located in close proximity to a large mine have every right to expect that the project will benefit their community. Often, reality falls short of their expectations...
Persistent link: https://www.econbiz.de/10011688595
natural resources, produced in different regions (oil, coffee, bananas, emeralds, and flowers). This paper suggests that …
Persistent link: https://www.econbiz.de/10010280200
This paper argues that in weak states, leaders whose hold on power is secured by the public fortune have turned to the use of sovereign wealth funds (SWFs), especially unofficial SWFs, to cement their hold on power. Unofficial SWFs are private funds created from resource rents with the...
Persistent link: https://www.econbiz.de/10012146544
often contrasted, with foreign aid-dependent Mozambique hailed a success compared to oil rentier Angola. This paper … partly through high rent capture and incipient socialization of massive oil rents. We conclude by discussing the likely …
Persistent link: https://www.econbiz.de/10010333656
This paper reviews the political economy of extractive resources and the associated resources sector governance agenda. The consensus that good sector governance improves the developmental impacts of extractive resources exploitation is premised on the understanding that institutions matter for...
Persistent link: https://www.econbiz.de/10011654017
Industrial policy is back. Advocates for industrial policy argue that the important question is not whether such policies should be applied at all, but how to design and implement them. For the extractive industries this development poses a challenge. First, there is the argument that host...
Persistent link: https://www.econbiz.de/10011943764
find evidence of a mitigating role for 'constraints on executive power' and 'democracy'. Other covariates found to be …
Persistent link: https://www.econbiz.de/10012651146
towards democracy. Variation across post-communist countries in the degree of democracy twenty years after the start of …
Persistent link: https://www.econbiz.de/10010280128