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...

Natural resources in the form of oil, gas, minerals and forests are an asset in the countries where they are found. A number of countries depend largely on exports of their natural resources, earning major portion of their foreign exchange from these exports. It is very easy for the countries to...

PART I: PRINCIPLES AND CONCEPTS OF NATURAL RESOURCES MANAGEMENT -- 1. Introduction: An overview of management and tax policy of natural resources -- 2. Natural resources tax administration and reforms in Africa -- 3. Assessing the impact of socio-political risk on natural resources in Africa --...

For a growing number of countries in Africa the discovery and exploitation of natural resources is a great opportunity, but one accompanied by considerable risks. This book presents research on how to better manage the revenues and opportunities associated with natural resources.

For a long time, Norway has had resource rent taxes on oil- and natural gas extraction as well as on hydropower generation. Recently, resource rent taxes have also been levied on aquaculture, and wind power generation. This paper, gives a short overview of the rent theory, the basis for rent...

Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to manipulate both international and domestic prices of resources, yet this policy is largely outside the disciplines of the WTO. The instruments used include export taxes, price...