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Publications (14)
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– Evolving trends during the transition to a low carbon future
The first objective of this paper is to update earlier assessments of mineral dependence in lower-income countries. In 2018, the mining of metals and coal continued to be an important contributor to the economies of several low- and middle-income countries. As in our previous calculations of the...
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– Country priorities, fuel types, and energy decisions
This paper provides an overview of the energy transition in Asia. It sets out the underlying drivers and how these set energy transition priorities in China, India, and South East Asia. It particularly describes the role of (liquefied) natural gas in the growing energy demand and changing energy mix...
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– A data-driven approach
Robust forecasting of mining sector revenues is key to effective budgeting (and broader fiscal management) in many resource-rich countries.However, this is challenging in practice, given commodity market volatility, the extended lags (and often opaque processes) between resource discoveries and...
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– Ten main messages
Countries face both challenges and opportunities in using their extractive industries to achieve more inclusive development—particularly in the developing world. Yet while a large national income can result from resource wealth, it can also be associated with acute social inequality and deep poverty...
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The extractives industries must adjust their operations to shifting patterns of demand for oil, natural gas, and coal together with metals and minerals – as policies and new technologies encourage progress along low-carbon pathways in energy, transportation and construction to combat climate change...
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In 2008, the Government of Zambia reformed its mining tax regime for large-scale copper mines through a unilateral legislative change. The country went from having one of the lowest average effective tax rates and government take to be above the average. We focus on a particularly controversial...
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Industrial policy is back. Advocates for industrial policy argue that the important question is not whether such policies should be applied at all, but how to design and implement them. For the extractive industries this development poses a challenge. First, there is the argument that host countries...
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– Mining
The taxation of the mining industry varies considerably from nation to nation. This paper reflects on the evolving use of various taxation approaches applied by governments to the mining sector. It includes a description of the principal tax types and investment tax incentives and briefly describes...
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– Scope and limits
Historically, Chile has been an economy dominated by mineral and agro-industrial products and subject to frequent external shocks particularly in copper prices. Since the 1980s, the authorities have developed various mechanisms to cope with these shocks and dampen their effects on the domestic...
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In recognizing that women’s participation and gender equity is a precondition for the achievement of acceptable development outcomes, extractives industry companies are increasingly making public commitments to integrating gender equality, inclusion, and women’s economic empowerment into aspects of...
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A major challenge for almost all extractives activity is that benefits accrue predominantly at the national level while disruptions are invariably highly localized close to the resource. Recently, extractives companies have intensified efforts to correct this imbalance. The aim of this paper is to...
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– The evolution of the industry’s approach
This paper provides an overview of social and environmental management practices in the oil and gas industry. It outlines the evolution of international oil companies’ approaches over the last 20 years, reviews what social and environmental management amongst such companies means in practice, and...
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– Re-evaluating what we know about extractives and economic development
In the context of falls in extractive commodities prices since 2011, this paper examines the history of thinking about the interplay between extractives and economic development. Just as ‘the resource curse’ fails as a generic explanation on account of the huge diversity in country contexts, so does...
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This paper is concerned with the role of oil and gas in the development of the global economy. Its focus is on the context in which oil and gas producers in both established and developing countries must frame their policies in order to optimize the benefits of producing such resources. It begins by...
Displaying 14 of 14 results