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How should tax systems be designed to account for the characteristics of the government, the oil companies and the … progressivity on the one hand and the incentive for the oil companies and the host government to carry risk and investment on the …
Persistent link: https://www.econbiz.de/10011145348
. The success of the oil sector has created new competitiveness challenges. The IMF report states that rapid increases in … oil wealth are also adding further pressures on the economy despite sound oil revenue management anchored by a fiscal rule … run aging- related costs that peak only after oil production is largely over. …
Persistent link: https://www.econbiz.de/10011243794
performance was broadly positive, underpinned by buoyant international oil prices and prudent fiscal and monetary policies. The … creating fiscal space for much needed additional investment and social spending. Non-oil revenues need to be mobilized by …
Persistent link: https://www.econbiz.de/10011244107
(CEMAC), most of which depend heavily on oil exports. At present, the CEMAC's macroeconomic surveillance exercise sets as … in oil prices and, hence, oil receipts obscure the underlying fiscal stance. Second, oil resources are limited, which … suggests that some of today's oil receipts should be saved to finance future consumption. The paper develops easy …
Persistent link: https://www.econbiz.de/10005263908
, profiting the exchange terms and the continuous oil prices increases, which are linked to a strong increase of China demand … India, world market tensions could also alter the traditional exporting flows. …
Persistent link: https://www.econbiz.de/10005430359
OIL AS AN ENERGY PROPELLER, IS THE LARGEST INTERNATIONALLY TRADED COMMODITY THAT SHOWS HIGHLY VISIBLE INTERPLAY OF … DOUBT DEMANDS A WELL ARTICULATED OIL POLICY FOR AN OIL PRODUCING NATION. THUS, THE THRUST OF THE PAPER WAS TO EVALUATE THE … STATE OF THE NIGERIA'S OIL POLICY IN THE 1970S/80S. THIS PAPER THEREFORE ARGUES THAT IN THE OIL POLICY FORMULATION PROCESS …
Persistent link: https://www.econbiz.de/10005412462
heavily on energy acquisition as the country urgently needs reliable sources of oil and natural gas to continue its …China is the largest consumer of energy, the leading exporter of manufactured goods and possesses the second largest … economy in the world. The great dragon’s current economic activity extends to all corners of the world, including the …
Persistent link: https://www.econbiz.de/10011137690
. We are trying to shape a frame for the new energy potential and to put it in a place in the current practice of the world …The recent developments bring US to a leading natural gas and oil producer position. The attempts in last 20 years to … bring new horizontal drilling and hydraulic fracturing technologies together have developed a success in shale gas and oil …
Persistent link: https://www.econbiz.de/10011103455
This paper presents the results of a research conducted to measure the importance of the oil and gas complex in the … using this system, it was possible to make an analysis of the role played by the oil and gas complex in the Brazilian … economy and its states. First it was made an analysis of the economic flows linked to the oil and gas production, and then it …
Persistent link: https://www.econbiz.de/10011108446
gas stategy. Diversification of the oil and gas transportation is key issue for Azerbaijan’s energy security policy. In …The Republic of Azerbaijan is one of the oil and gas rich countires of the former Soviet Union. After the second stage … of the Shah Deniz gas field, natural gas exltation and exportation became one of the key issues in Azerbaijan’s oil and …
Persistent link: https://www.econbiz.de/10011260148