We present a simple model of internal and external balance that incorporates the key features of resource-rich developing countries (RRDCs). The main result is that "government take", which is the ratio of fiscal resource revenue to resource output, is a key determinant of the equilibrium real...

A potentially huge untapped resource of natural gas exists just offshore almost every coastal state in the world, the resource called methane hydrates. The opportunities for fiscal revenues, energy security, and freshwater resources will be attractive to many of those states; for many, the...

The 2009 Africa Mining Vision (AMV) provides guidance for the industrialization of African countries by leveraging their mining sector. However, the global context has changed since its adoption. As a result, it does not include guidance on how governments should embrace the climate change...

Artykuł przedstawia oszacowanie kosztu społecznego produkcji energii przez energetykę jądrową (EJ), składającego się z kosztu prywatnego i zewnętrznego, obliczonego jako koszt zlinearyzowany w całym okresie życia elektrowni. Przedstawiono metodykę szacowania kosztu zewnętrznego w...

Artykuł przedstawia oszacowanie kosztu społecznego produkcji energii przez energetykę jądrową (EJ), składającego się z kosztu prywatnego i ze-wnętrznego. Przedstawiono oszacowania kosztu zewnętrznego w zakresie od-działywań na zdrowie ludzkie oraz środowisko EJ wg programu ExternE...

This article is a critique of Bjoslash;rn Lomborg's The Skeptical Environmentalist (2001) from the perspective of sustainable development. While the author often uses the language of sustainable development, the book would turn sustainability on its head. It is generally true, as Lomborg says,...

It is frequently observed that the implementation of green policies is delayed compared to the initial announcement. Considering a setting with a representative monopolist extracting a non-renewable resource, we demonstrate that announcing a green policy, but then delaying its implementation, is...

Fiscal policy choices have a particularly significant impact on economic performance in oil-exporting countries, owing to the importance of the oil sector in the economy and the fact that in most countries oil revenues accrue to the government. At the same time, fiscal policy in oil-centered...

Fiscal policy in oil-producing countries can be profoundly affected by oil revenue uncertainty and volatility. Policy formulation should factor in the exhaustibility of the natural resources and aim at reducing oil revenue volatility passed on to the economy. Past fiscal policy in Nigeria has...