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This paper is a sequel to an earlier paper that looked in broad terms at many of the issues that Mozambique faces today in managing its new extractive resources. The paper first describes the investment surge that has already been prompted by new gas discoveries in Mozambique. It then summarizes...
Persistent link: https://www.econbiz.de/10011927737
This paper is about understanding the cycle of global copper price booms and busts over Zambia's economic history. We … Zambian governments did not use copper revenues to accumulate productive assets, focusing instead on financing consumption … ringfence and prudently use the mineral revenues from copper mining in building productive capacities remains elusive. Instead …
Persistent link: https://www.econbiz.de/10011947060
This paper provides a synthesis of the four papers on the Latin American and Caribbean economies: Brazil, Chile, Costa …
Persistent link: https://www.econbiz.de/10008663075
During the 2000s Chile achieved rapid economic growth and improved most labour market indicators: the unemployment rate …
Persistent link: https://www.econbiz.de/10011334072
Since the 1970s, Chile has exhibited a highly skewed income distribution accompanied with strong fluctuations over time … 1990s, resulting from better economic and social policies in the return to democracy. Nonetheless, Chile still faces … significant challenges to improve development. There must be an active macroeconomic policy focused on the real economy. Chile …
Persistent link: https://www.econbiz.de/10009408448
This paper describes the structural transformations that Chile has experienced in the last 50 years and how they have … worrisome and could negatively affect Chile's ability to achieve structural transformations towards higher and more …
Persistent link: https://www.econbiz.de/10012161611
Economic data are important in governing the international political economy. Some of the most widely used macro statistics risk being undermined by systematic misalignment in reporting of economic activity due to illicit financial flows, as well as tax-minimizing financial transactions by...
Persistent link: https://www.econbiz.de/10013279957
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
Extractive industries form an important part of the economy for many developing countries, but their impact on growth and welfare remains understudied. With global efforts to transition to net-zero carbon emissions in the coming decades, understanding the local impacts of the extractives sector...
Persistent link: https://www.econbiz.de/10012816398
The paper reviews the debate about transparency in extractive industry commodities trade. It examines the obstacles to improved transparency. A critical review of the experience with estimating losses from a lack of transparency concludes that many of the published estimates of losses from...
Persistent link: https://www.econbiz.de/10012405617