6 Revenue from the Oil and Gas Sector: Issues and Country Experience

Emil M. Sunley

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Natural Resources and Economic Development Economic and Fiscal Studies Fiscal Policies and Political Economy

Abstract

Countries with large oil resources can benefit substantially from them. However, despite their huge natural resources, many oil producers have had disappointing growth, widespread poverty, and continuing vulnerability to oil price and other external shocks. Fiscal policy can play a central role indetermining the extent to which a country benefits from its oil wealth. This book brings together studies that provide analysis and findings on fiscal policy issues in oil-producing countries from a diverse international perspective. A key focus for the authors is how to manage oil resources in a way that contributes to a stable macroeconomic environment, sustainable growth, and poverty reduction.

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2016Improving the Performance of Natural Resource Taxation in Developing Countries 2009Rent Taxation for Nonrenewable Resources 2021A petroleum upstream production sharing contract with investments in renewable energy: The case of Lebanon 2018Assessment of Upstream Petroleum Fiscal Regimes in Myanmar 2005Guide on Resource Revenue Transparency 2010Evaluation of the Oil Fiscal Regime in Russia and Proposals for Reform 2008Guide on Resource Revenue Transparency (2007)

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