This paper analyzes the Thai petroleum fiscal regimes, so called Thailand I and Thailand III, under the concession system for granting petroleum exploration and production rights. The analytical issues include the sharing of benefit between the government and concessionaires, assurance of the...

This paper analyses risks and opportunities related to the management and the allocation of wealth derived from the exploitation of natural resources in Brazil. We first discuss natural resources curse hypothesis and present some examples to deal with its negative effects based on the...

En 2011 a través de la creación del Sistema General de Regalías –SGR- se modificó la manera como se distribuyen los recursos de regalías en Colombia, permitiendo que participaran de manera equitativa todas las entidades territoriales del país. Después de varios años de entrada en...

We estimate the long-run effects of oil wealth on development by exploiting spatial variation in sedimentary basins---areas where petroleum can potentially form. Instrumental variables estimates indicate that oil production impedes democracy and fiscal capacity development, increases corruption,...

Most mining operations in developing countries are de facto public-private partnerships, as the state typically owns the resources and partners with a company or consortium in extraction. Revenue sharing is a critically important element of such partnerships, and it is the starting point for any...

Thai Abstract: บทความนี้วิเคราะห์ระบบการคลังปิโตรเลียมของประเทศไทยภายใต้ระบบสัมปทาน Thailand I และ Thailand III...