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Investigating the fiscal resource curse : what's China got to do with it?
Chachu, Daniel Ofoe; Nketiah-Amponsah, Edward - 2020
The term fiscal resource curse refers to countries' inability to raise taxes from a broad base in the presence of natural resources. We employ a novel instrumental variable strategy to estimate the causal effect of resource revenues on non-resource tax effort by exploiting the so-called 'China...
Persistent link: https://www.econbiz.de/10012240659
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Political economy and governance
Dietsche, Evelyn - 2017
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/10011595705
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Donor-supported approaches to improving extractives governance : lessons from Nigeria and Ghana
Buckley, Joanna; McCulloch, Neil; Travis, Nick - 2017
Donor interest in the extractives sector is based upon the premise that it represents an opportunity to improve a country’s development prospects. However, in many cases the presence of extractive resources is associated with poor economic performance. As a result, some donors are trying a...
Persistent link: https://www.econbiz.de/10011597007
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Rowing against the current : diversification in Africa's resource-rich economies
Page, John M. - 2018
The exploitation of natural resources is a huge opportunity, but one that carries considerable risks. Relative prices in resource-exporting economies tend to push them towards economic structures dominated by the resource sector. This paper explores ways to achieve diversification in a...
Persistent link: https://www.econbiz.de/10011874020
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Good institutions and tax revenue outcomes in resource-rich countries : when "good" is not enough
Chachu, Daniel Ofoe - 2021
Developing countries that experience commodity booms struggle to mobilize sustainable tax revenues. Emerging literature on the subject notwithstanding, there is limited exploration of the specific types of institutions critical for improving fiscal capacity in resourcerich contexts. This paper...
Persistent link: https://www.econbiz.de/10012509295
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Incorporation of offshore shell companies as an indicator of corruption risk in the extractive industries
Marcolongo, Giovanna; Zambiasi, Diego - 2022
We show that the incorporation of offshore entities increases when oil and gas exploration licences are awarded. We exploit leaked data on the incorporation of shell companies and detailed information on tax havens and the awarding rounds of oil licences to construct a new data set covering 119...
Persistent link: https://www.econbiz.de/10012816280
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From fiscal stabilization to economic diversification : a developmental approach to managing resource revenues
Chang, Ha-joon; Lebdioui, Amir - 2020
that the standard policy advice to managers of resource revenues has been dominated by short-termism and the lack of a …
Persistent link: https://www.econbiz.de/10012265519
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Extractives for development : ten main messages
Addison, Tony; Roe, Alan - 2018
Countries face both challenges and opportunities in using their extractive industries to achieve more inclusive development - particularly in the developing world. Yet while a large national income can result from resource wealth, it can also be associated with acute social inequality and deep...
Persistent link: https://www.econbiz.de/10011983951
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New industrial policy and the extractive industries
Dietsche, Evelyn - 2017
Industrial policy is back. Advocates for industrial policy argue that the important question is not whether such … more sustainable and resource-efficient growth, with (green) industrial policy playing a critical part in achieving this … the new debate on industrial policy in relation to the extractive industries and the extractives-led development agenda. …
Persistent link: https://www.econbiz.de/10011776473
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Understanding the boom : country study : Tanzania
Henstridge, Mark - 2018
associated boom, unlikely. As well as geological, engineering, and market risks, the risks to investment from public policy have …
Persistent link: https://www.econbiz.de/10011955475