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World Bank Studies: Local Content Policies in the Oil and Gas Sector by Osmel Manzano, Michael Warner, Silvana Tordo and Yahya Anouti (2013, Trade Paperback)
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About this product
Product Identifiers
PublisherWorld Industries Bank Publications
ISBN-100821399314
ISBN-139780821399316
eBay Product ID (ePID)166217564
Product Key Features
Number of Pages136 Pages
LanguageEnglish
Publication NameLocal Content Policies in the Oil and Gas Sector
Publication Year2013
SubjectPublic Policy / Energy Policy, Development / Economic Development, Commercial Policy, Industries / Energy
TypeTextbook
AuthorOsmel Manzano, Michael Warner, Silvana Tordo, Yahya Anouti
Subject AreaPolitical Science, Business & Economics
SeriesWorld Bank Studies
FormatTrade Paperback
Dimensions
Item Height0.4 in
Item Weight16.1 Oz
Item Length10 in
Item Width7 in
Additional Product Features
Intended AudienceScholarly & Professional
LCCN2013-478198
Dewey Edition23
IllustratedYes
Dewey Decimal337 qL811 2013
SynopsisA number of countries have recently discovered and are developing oil and gas reserves. Policy makers in such countries are anxious to obtain the greatest benefits for their economies from the extraction of these exhaustible resources by designing appropriate policies to achieve desired goals. One important theme of such policies is the so-called local content created by the sector-the extent to which the output of the extractive industry sector generates further benefits to the economy beyond the direct contribution of its value-added, through its links to other sectors. While local content policies have the potential to stimulate broad-based economic development, their application in petroleum-rich countries has achieved mixed results. This paper describes the policies and practices meant to foster the development of economic linkages from the petroleum sector, as adopted by a number of petroleum-producing countries both in and outside the Organisation for Economic Co-operation and Development. Examples of policy objectives, implementation tools, and reporting metrics are provided to derive lessons of wider applicability. The paper presents various conclusions for policy makers about the design of local content policies., A number of countries have recently discovered and are developing oil and gas reserves. Policy makers in such countries are anxious to obtain the greatest benefits for their economies from the extraction of these exhaustible resources by designing appropriate policies to achieve desired goals. This paper describes the policies and practices meant to foster the development of economic linkages from the petroleum sector, as adopted by a number of petroleum-producing countries both in and outside the Organisation for Economic Co-operation and Development. Examples of policy objectives, implementation tools, and reporting metrics are provided to derive lessons of wider applicability., A number of countries have recently discovered and are developing oil and gas reserves. Policy makers in such countries are anxious to obtain the greatest benefits for their economies from the extraction of these exhaustible resources by designing appropriate policies to achieve desired goals. One important theme of such policies is the so-called local content created by the sector--the extent to which the output of the extractive industry sector generates further benefits to the economy beyond the direct contribution of its value-added, through its links to other sectors. While local content policies have the potential to stimulate broad-based economic development, their application in petroleum-rich countries has achieved mixed results. This paper describes the policies and practices meant to foster the development of economic linkages from the petroleum sector, as adopted by a number of petroleum-producing countries both in and outside the Organisation for Economic Co-operation and Development. Examples of policy objectives, implementation tools, and reporting metrics are provided to derive lessons of wider applicability. The paper presents various conclusions for policy makers about the design of local content policies.
LC Classification NumberHD9560.6.T68 2013
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