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001404081 020__ $$a9780262275538$$q(electronic bk.)
001404081 020__ $$a0262275538$$q(electronic bk.)
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001404081 0248_ $$a9786612736995
001404081 035__ $$a(OCoLC)648759758$$z(OCoLC)668397797$$z(OCoLC)729017704$$z(OCoLC)748605876$$z(OCoLC)764542486$$z(OCoLC)768694860$$z(OCoLC)798210816$$z(OCoLC)816576705$$z(OCoLC)961557669$$z(OCoLC)962619832$$z(OCoLC)988407443$$z(OCoLC)992024657$$z(OCoLC)1037938336$$z(OCoLC)1038571324$$z(OCoLC)1045528202$$z(OCoLC)1055337299$$z(OCoLC)1061075813$$z(OCoLC)1065105219$$z(OCoLC)1081206779
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001404081 24504 $$aThe natural resources trap :$$bprivate investment without public commitment /$$cedited by William Hogan and Federico Sturzenegger.
001404081 260__ $$aCambridge, Mass. :$$bMIT Press,$$cc2010.
001404081 300__ $$a1 online resource (xiv, 519 pages) :$$billustrations
001404081 336__ $$atext$$btxt$$2rdacontent
001404081 337__ $$acomputer$$bc$$2rdamedia
001404081 338__ $$aonline resource$$bcr$$2rdacarrier
001404081 506__ $$aAccess limited to authorized users.
001404081 520__ $$a"This book is important and timely, bringing together some of the world's leading economists. The theory chapters provide new insights and apply new developments in contract theory to the problems of natural resources and credible host country policies. The case studies provide up-to-date illustrations of the difficulties and development of host country policy in Latin America and the UK." Roderick Duncan, Charles Sturt University, Australia "This book is likely to become a standard reference in the area of natural resources and credible host country policies-coming, as it does, with a solid grounding in modern economic theory." Tim Worrall, University of Manchester Volatility in commodity prices has been accompanied by perpetual renegotiation of contracts between private investors in natural resource production and the governments of states with mineral and energy wealth. When prices skyrocket, governments want a larger share of revenues, sometimes to the point of nationalization or expropriation; when prices fall, larger state participation becomes a burden and the private sectoris called back in. Recent and newsworthy changes in the price of oil (which fell from an all-time high of $147 in mid-2008 to $40 by year's end) are notable for their speed and the steepness of their rise and fall, but the up-and-down pattern itself is not unusual. If the unpredictability of commodity prices is so predictable, why do contracts not allow for this with mechanisms that would provide a more stable commercial framework? In The Natural Resources Trap, top scholars address this guestion in terms of both theory and practice. Theoretical contributions range across a number of fields, from contract theory to public finance, and treat topics that include taxation, royalties, and expropriation cycles. Case studies examine experiences in the U.K., Bolivia, Argentina, Venezuela, and other parts of the world. --Book Jacket.
001404081 650_0 $$aNatural resources$$xGovernment policy.
001404081 650_0 $$aNatural resources$$xLaw and legislation.
001404081 650_0 $$aInvestments, Foreign.
001404081 650_0 $$aPublic-private sector cooperation.
001404081 653__ $$aECONOMICS/Environmental Economics
001404081 655_0 $$aElectronic books
001404081 7001_ $$aHogan, William W.
001404081 7001_ $$aSturzenegger, Federico.
001404081 852__ $$bebk$$hProQuest Ebook Central Academic Complete
001404081 85640 $$3ProQuest Ebook Central Academic Complete$$uhttps://univsouthin.idm.oclc.org/login?url=https://ebookcentral.proquest.com/lib/usiricelib-ebooks/detail.action?docID=3339155$$zOnline Access
001404081 909CO $$ooai:library.usi.edu:371881$$pGLOBAL_SET
001404081 980__ $$aBIB
001404081 980__ $$aEBOOK
001404081 982__ $$aEbook
001404081 983__ $$aOnline