There are few areas of economic policy-making in which the
returns to good decisions are so higha "and the punishment of bad
decisions so cruela "as in the management of natural resource
wealth. Rich endowments of oil, gas and minerals have set some
countries on courses of sustained and robust prosperity; but they
have left others riddled with corruption and persistent poverty,
with little of lasting value to show for squandered wealth. And
amongst the most important of these decisions are those relating to
the tax treatment of oil, gas and minerals.
This book will be of interest to Economics postgraduates and
researchers working on resource issues, as well as professionals
working on taxation of oil, gas and minerals/mining.
General
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