There are few areas of economic policy-making in which the
returns to good decisions are so high?and the punishment of bad
decisions so cruel?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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