The upstream petroleum industry and local industrial development : a comparative study

Hildegunn Kyvik Nordås · Eirik Vatne · Per Heum

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Natural Resources and Economic Development Global Energy Security and Policy Mining and Resource Management

Abstract

The report analyzes local industrial development related to the upstream petroleum sector in six selected oil-exporting countries. It focuses on local content in the supply and services industry, and how policies to enhance local content may contribute to economic growth. The report also addresses indirect effects on industrial development at large where such effects can be identified, for example through government investment of the oil revenue in national industries. The selected case studies are Brazil, Indonesia, Malaysia, Mexico, Nigeria and Norway. The objective of the study is to draw lessons for Nigeria from the other countries' experience and Nigeria's own past experience.

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References

1999Why Do Resource-Abundant Economies Grow More Slowly?2001Backward Vertical Linkages of Foreign Manufacturing Affiliates: Evidence from Japanese Multinationals 2003World investment report 2001: Promoting linkages 1998Are windfalls a curse?2001Export, foreign direct investment, and local content requirement

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2020The political economy of moving up in global value chains: how Malaysia added value to its natural resources through industrial policy 2003Enhancement of local content in the upstream oil and gas industry in Nigeria : a comprehensive and viable policy approach

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