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Record Nr. |
UNINA9910451737603321 |
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Autore |
Tordo Silvana |
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Titolo |
Fiscal systems for hydrocarbons [[electronic resource] ] : design issues / / Silvana Tordo |
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Pubbl/distr/stampa |
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Washington, D.C., : World Bank, c2007 |
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ISBN |
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1-281-00099-X |
9786611000998 |
0-8213-7267-X |
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Descrizione fisica |
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1 online resource (86 p.) |
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Collana |
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World Bank working paper, , 1726-5878 ; ; no. 123 |
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Disciplina |
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Soggetti |
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Petroleum industry and trade - Government policy |
Electronic books. |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references (p. 71-73). |
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Nota di contenuto |
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Contents; Abstract; Acknowledgments; 1. Introduction; 2. The Life Cycle of a Petroleum Project; LIST OF FIGURES; 3. Legal Arrangements in the Petroleum Industry; LIST OF TABLES; 4. Fiscal Regimes for the Petroleum Sector: Tax and Non-Tax Instruments; 5. Designing Efficient Fiscal Systems; 6. Fiscal Systems' Measures and Economic Indicators; 7. Designing Petroleum Fiscal Systems: Issues to be Considered; 8. Conclusion; APPENDIXES; LIST OF GRAPHS; Bibliography |
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Sommario/riassunto |
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Although host governments and investors may share one common objective - the desire for projects to generate high levels off revenue - their other goals are not entirely aligned. Host governments aim to maximize rent for their country over time, while achieving other development and socioeconomic objectives. Investors aim to ensure that the return on investment is consistent with the risk associated with the project, and with their corporations' strategic objectives. To reconcile these often conflicting objectives, more and more countries rely on transparent institutional arrangements and flex |
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