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We study the impact of natural resource royalties on educational outcomes in Colombia. We analyze a reform enacted in … 2012 that made the distribution of these royalties more equitable. Before the reform, most royalties were assigned to the … regions where the natural resources were exploited; with the reform non-producing regions started to receive royalties. We …
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This paper aims at providing a guide to ensure efficiency in the management of Chad's windfall to support the development process and poverty reduction. The analysis is based on the lessons and experience of countries that have successfully used natural-resource-generated windfalls to launch...
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