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Furman-Stiglitz (1998) hypothesize that improved transparency in financial markets intensifies volatility, yet more … conventional wisdom exemplified by the International Monetary Fund’s position states that lack of transparency intensifies …-shaped relationship between volatility and transparency. This paper estimates the impact of transparency on financial volatility in MENA …
Persistent link: https://www.econbiz.de/10010779954
Furman-Stiglitz (1998) hypothesize that improved transparency in financial markets intensifies volatility, yet more … conventional wisdom exemplified by the International Monetary Fund’s position states that lack of transparency intensifies …-shaped relationship between volatility and transparency. This paper estimates the impact of transparency on financial volatility in MENA …
Persistent link: https://www.econbiz.de/10010781911
Canadian province of Alberta has on the price producers pay for the right to extract oil. We exploit a regression discontinuity … average for oil leases that are regulated and that the total net present value cost of the regulation exceeds $1.15 billion …
Persistent link: https://www.econbiz.de/10011482890
analysis shows that the presence and location of oil are significant and quantitatively important predictors of inter …
Persistent link: https://www.econbiz.de/10010222133
sustainable development ever since 1946. This result is rather surprising since the discovery of oil and natural gas fields in …
Persistent link: https://www.econbiz.de/10012649452
Persistent link: https://www.econbiz.de/10011868817
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.
Persistent link: https://www.econbiz.de/10013472226
Persistent link: https://www.econbiz.de/10011499147
countries. These initiatives range across efforts to promote transparency, to codify successful historical experiences and … countries can bind themselves to. These initiatives, such as the Extractives Industry Transparency Initiative, have seen some … success in spreading and embedding governance norms, ranging across revenue transparency, contract disclosure, supply chain …
Persistent link: https://www.econbiz.de/10011775886
fragmented modes of resource governance in the oil bearing regions, particularly related to transparency and corporate social … to mainstream transparency throughout the extractive industries value chain and implement pro-poor projects at the site … centralisation of oil governance; industry-driven interaction at the local level; and weak local government capacity. The ad hoc and …
Persistent link: https://www.econbiz.de/10010785448