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Publications (6)
Working Paper
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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...
Working Paper
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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...
Working Paper
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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...
Working Paper
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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...
Working Paper
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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...
Working Paper
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– Application to Nigeria
This study considers the implications of alternative monetary policy regimes to deal with a laissez-faire fiscal policy rule, where the government completely spends resource revenue windfall contemporaneously. A three sector dynamic stochastic general equilibrium model, which features key structural...
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