Comparative Study on the Distribution of Oil Rents in Bolivia, Colombia, Ecuador and Peru

Oil rent accounts for a significant portion of the gross domestic product (GDP), the national budget, and the foreign-exchange revenues in the producing countries of the Sub-Andean Basin. Its availability presents an opportunity and a challenge. Th...

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Main Author:	World Bank
Format:	ESMAP Paper
Language:	English en_US
Published:	Washington, DC 2014
Subjects:	hydrocarbons oil rents indigenous communities foreign investment commercialization natural gas tax system royalties decentralization fairness criteria governance transparency extractive industries
Online Access:	http://documents.worldbank.org/curated/en/2005/07/6319247/comparative-study-distribution-oil-rents-bolivia-colombia-ecuador-peru http://hdl.handle.net/10986/18069

id	okr-10986-18069
recordtype	oai_dc
spelling	okr-10986-180692021-04-23T14:03:38Z Comparative Study on the Distribution of Oil Rents in Bolivia, Colombia, Ecuador and Peru World Bank hydrocarbons oil rents indigenous communities foreign investment commercialization natural gas tax system royalties decentralization fairness criteria governance transparency extractive industries Oil rent accounts for a significant portion of the gross domestic product (GDP), the national budget, and the foreign-exchange revenues in the producing countries of the Sub-Andean Basin. Its availability presents an opportunity and a challenge. The issue of the management and use of the oil rent is generating increasing concern among oil companies, civil society, development agencies, and, governments. The above-mentioned stakeholders agree that oil-producing regions, and in particular people dwelling in such regions, should receive indemnifications for damages resulting from oil operations and should realize the opportunity to enter a development growth path. To accomplish this, the regions and the people must benefit from a part of the rent. The study presents in a systematic way the available information on the distribution of oil rents in the Sub-Andean Basin (Bolivia, Colombia, Ecuador and Peru). Its principal aim is to understand the challenges and risks in the ongoing processes and to identify the trends regarding the rent distribution, in particular, and the fiscal decentralization, in general. 2014-04-25T19:19:42Z 2014-04-25T19:19:42Z 2005-08 http://documents.worldbank.org/curated/en/2005/07/6319247/comparative-study-distribution-oil-rents-bolivia-colombia-ecuador-peru http://hdl.handle.net/10986/18069 English en_US Energy Sector Management Assistance Program (ESMAP) working paper series; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Publications & Research :: ESMAP Paper Publications & Research Latin America & Caribbean Bolivia Colombia Ecuador Peru
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	hydrocarbons oil rents indigenous communities foreign investment commercialization natural gas tax system royalties decentralization fairness criteria governance transparency extractive industries
spellingShingle	hydrocarbons oil rents indigenous communities foreign investment commercialization natural gas tax system royalties decentralization fairness criteria governance transparency extractive industries World Bank Comparative Study on the Distribution of Oil Rents in Bolivia, Colombia, Ecuador and Peru
geographic_facet	Latin America & Caribbean Bolivia Colombia Ecuador Peru
relation	Energy Sector Management Assistance Program (ESMAP) working paper series;
description	Oil rent accounts for a significant portion of the gross domestic product (GDP), the national budget, and the foreign-exchange revenues in the producing countries of the Sub-Andean Basin. Its availability presents an opportunity and a challenge. The issue of the management and use of the oil rent is generating increasing concern among oil companies, civil society, development agencies, and, governments. The above-mentioned stakeholders agree that oil-producing regions, and in particular people dwelling in such regions, should receive indemnifications for damages resulting from oil operations and should realize the opportunity to enter a development growth path. To accomplish this, the regions and the people must benefit from a part of the rent. The study presents in a systematic way the available information on the distribution of oil rents in the Sub-Andean Basin (Bolivia, Colombia, Ecuador and Peru). Its principal aim is to understand the challenges and risks in the ongoing processes and to identify the trends regarding the rent distribution, in particular, and the fiscal decentralization, in general.
format	Publications & Research :: ESMAP Paper
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Comparative Study on the Distribution of Oil Rents in Bolivia, Colombia, Ecuador and Peru
title_short	Comparative Study on the Distribution of Oil Rents in Bolivia, Colombia, Ecuador and Peru
title_full	Comparative Study on the Distribution of Oil Rents in Bolivia, Colombia, Ecuador and Peru
title_fullStr	Comparative Study on the Distribution of Oil Rents in Bolivia, Colombia, Ecuador and Peru
title_full_unstemmed	Comparative Study on the Distribution of Oil Rents in Bolivia, Colombia, Ecuador and Peru
title_sort	comparative study on the distribution of oil rents in bolivia, colombia, ecuador and peru
publisher	Washington, DC
publishDate	2014
url	http://documents.worldbank.org/curated/en/2005/07/6319247/comparative-study-distribution-oil-rents-bolivia-colombia-ecuador-peru http://hdl.handle.net/10986/18069
_version_	1764437514556276736

Comparative Study on the Distribution of Oil Rents in Bolivia, Colombia, Ecuador and Peru

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