Throughout, the history of the Latin America and Caribbean (LAC) region, natural resource wealth has been critical for its economies. Production of precious metals, sugar, rubber, grains, coffee, copper, and oil have at various periods of history made countries in Latin America-and their...

The question of how to treat commodity production and how to manage recurrent cycles of booms and busts has always been a challenge for policymakers in commodity-dependent countries, including many in the LAC region. These challenges have led to allegations of a "commodity curse'' that retards...

The taxation of non-renewable resources in Latin America : introduction and overview -- The effects of commodity taxation on sector performance -- Towards efficient taxation of minerals : the case of copper in Chile -- Two sectors, two approaches : resource taxation in Peru -- Not all fields are...