eBook

The extractive industries sector

Kannan, Sridar Padmanabhan, Lokanc, Martin, Nair, Arvind, Halland, Havard

2015

Overview

The extractive industries (EI) sector occupies an outsize space in the economies of many developing countries. Economists, public finance professionals, and policy makers working in such countries are frequently confronted with issues that require an in-depth understanding of the sector. The objective of this volume is to provide a concise overview of EI-related topics these professionals are likely to encounter. The volume provides an overview of issues central to EI economics; discusses key components of the sector's governance, policy, and institutional frameworks; and identifies the public sector's EI-related financing obligations. Its discussion of EI economics covers the valuation of subsoil assets, the economic interpretation of ore, and the structure of energy and mineral markets. The volume maps the responsibilities of relevant government entities and outlines the characteristics of the EI sector's legal and regulatory frameworks. Specific key functions of the sector are briefly discussed, as are the financial structures that underpin environmental and social safeguards; investment of public revenues generated from oil, gas, or minerals; as well as extractive-based economic diversification. The authors hope that decision makers in ministries of finance, international organizations, and other relevant entities will find the study useful to their understanding and analysis of the EI sector.

• Publisher: THE WORLD BANK,World Bank,World Bank Publications,The World Bank,Washington, DC: World Bank
• Subject: ADMINISTRATIVE PROCEDURES / AGRICULTURAL PRODUCTION / ASSET VALUATION / AUDITS / BALANCE OF PAYMENTS / BARRIERS TO ENTRY / BENEFIT ANALYSIS / Business & Economics / CAPITAL GAINS / CAPITAL MARKETS / CARTELS / CHANGE IN DEMAND / CHLORINE / CLIMATE CHANGE / COAL / COMPARATIVE ADVANTAGE / COMPLEX TASK / CONSUMPTION / COST-BENEFIT ANALYSES / CREDIT / DEBT / DECISION MAKING / DEMAND / DEMAND CURVES / DEVELOPED COUNTRIES / Developing countries / Development / DIVIDENDS / ECONOMIC ACTIVITY / ECONOMIC ANALYSIS / ECONOMIC BEHAVIOR / ECONOMIC CONDITIONS / ECONOMIC DEVELOPMENT / Economic development projects / ECONOMIC EFFECTS / ECONOMIC GROWTH / ECONOMIC IMPACT / ECONOMIC RENTS / ECONOMIC VALUE / ECONOMICS / ECONOMIES / ECONOMIES OF SCALE / ECONOMISTS / EFFICIENCY / ELASTICITIES / ELASTICITY OF DEMAND / EMISSIONS / EMPIRICAL EVIDENCE / ENVIRONMENT / ENVIRONMENTAL / ENVIRONMENTAL ACCOUNTING / Environmental aspects / ENVIRONMENTAL COSTS / ENVIRONMENTAL ECONOMICS / ENVIRONMENTAL IMPACTS / ENVIRONMENTAL ISSUES / ENVIRONMENTAL MANAGEMENT / ENVIRONMENTAL POLICIES / ENVIRONMENTAL PROTECTION / ENVIRONMENTAL REGULATIONS / EQUITY / Evaluation / EXPECTATIONS / EXPENDITURES / EXPLOITATION / FARMS / FINANCIAL RESOURCES / FIXED COSTS / GEOLOGICAL DATA / GOVERNMENT REGULATIONS / HEALTH PROBLEMS / INCENTIVES / Industrial Management / INTERGENERATIONAL EQUITY / INTERMEDIATE GOODS / LABOR FORCE / LABOR INPUTS / LAND / LAND USE / LAW OF DEMAND / MARGINAL COST / MARGINAL COSTS / MARKET POWER / MARKET PRICES / METALS / Mineral industries / MINES / NATIONAL ACCOUNTING / NATURAL CAPITAL / NATURAL RESOURCES / OIL / OIL REFINERIES / OIL RESERVES / OIL SECTOR / OLIGOPOLIES / OLIGOPOLY / OPEC / OPPORTUNITY COSTS / OPTION VALUE / OPTIONS / POLICY MAKERS / POLITICAL ECONOMY / POLLUTION / POLLUTION PERMITS / POTENTIAL INVESTORS / PRESENT VALUE / PRICE CEILINGS / PRICE CHANGES / PRICE ELASTICITY OF DEMAND / PRICES / PRIVATE CONSUMPTION / PRODUCERS / PRODUCTION COSTS / PRODUCTION PATTERNS / PRODUCTION TECHNOLOGY / PROFITS / PROPERTY / PROPERTY RIGHTS / PUBLIC EXPENDITURES / PUBLIC GOOD / PUBLIC GOODS / PURCHASING POWER / QUOTAS / RECLAMATION / RECYCLING / REPLACEMENT COSTS / RESOURCE MANAGEMENT / RESOURCES / REVENUE / REVENUES / RISK MANAGEMENT / SECURITIES / Social aspects / SOCIAL COSTS / STREAMS / SUBSIDIES / SUPPLY CURVES / SUSTAINABLE DEVELOPMENT / TAX RATES / TAX REVENUE / TAX SYSTEMS / TAXES / TECHNOLOGICAL CHANGE / THEORETICAL MODELS / TRADE / TRANSACTION COSTS / UNEMPLOYMENT / VALUES / WAGES / WASTE MANAGEMENT / WETLANDS
• ISBN: 1464804931, 9781464804922, 1464804923, 9781464804939, 9781464806056, 1464806055