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The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and … which faces price uncertainty. In states where profits are high, there is a likelihood of expropriation, which generates a … with high probability of expropriation. The contract can be implemented via a competitive auction with reasonable …
Persistent link: https://www.econbiz.de/10012766718
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"The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and … which faces price uncertainty. In states where profits are high, there is a likelihood of expropriation, which generates a … with high probability of expropriation. The contract can be implemented via a competitive auction with reasonable …
Persistent link: https://www.econbiz.de/10003723289
The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and … which faces price uncertainty. In states where profits are high, there is a likelihood of expropriation, which generates a … with high probability of expropriation. The contract can be implemented via a competitive auction with reasonable …
Persistent link: https://www.econbiz.de/10012464906
The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and … which faces price uncertainty. In states where profits are high, there is a likelihood of expropriation, which generates a … with high probability of expropriation. The contract can be implemented via a competitive auction with reasonable …
Persistent link: https://www.econbiz.de/10012759601
The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and … which faces price uncertainty. In states where profits are high, there is a likelihood of expropriation, which generates a … with high probability of expropriation. The contract can be implemented via a competitive auction with reasonable …
Persistent link: https://www.econbiz.de/10005463877
The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and … which faces price uncertainty. In states where profits are high, there is a likelihood of expropriation,which generates a … with high probability of expropriation. The contract can be implemented via a competitive auction with reasonable …
Persistent link: https://www.econbiz.de/10005738354
interesting features of the policy concerning the grant of mining rights, the use of mineral receipts and the participation of …
Persistent link: https://www.econbiz.de/10014110616
Several empirical studies have found that when exports are concentrated in natural resources countries experience slower rates of economic growth. Various potential channels for this relationship have been identified including Dutch disease, volatility in the terms of trade, and impacts on...
Persistent link: https://www.econbiz.de/10009782123