03474oam 22007335 450 991077985300332120200520144314.00-8213-9934-910.1596/978-0-8213-9931-6(CKB)2550000001106748(SSID)ssj0001132508(PQKBManifestationID)12532614(PQKBTitleCode)TC0001132508(PQKBWorkID)11154700(PQKB)10240327(MiAaPQ)EBC1336262(Au-PeEL)EBL1336262(CaPaEBR)ebr11144874(CaONFJC)MIL507110(OCoLC)855504852(OCoLC)ocn856652092(US-djbf)18042217(EXLCZ)99255000000110674820140212d2013 uy 0engurcn|||||||||txtrdacontentnrdamediancrdacarrierLocal content policies in the oil and gas sector /Silvana Tordo, Michael Warner, Osmel E. Manzano and Yahya AnoutiWashington, D.C. :World Bank,[2013]1 online resource (xviii, 173 pages)illustrations ;26 cmWorld Bank StudyBibliographic Level Mode of Issuance: Monograph0-8213-9931-4 1-299-75859-2 Includes bibliographical references.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 sectorthe 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.World Bank e-Library.Petroleum industry and tradePetroleum industry and tradeGovernment policyPetroleum reservesEconomic aspectsPetroleum industry and trade.Petroleum industry and tradeGovernment policy.Petroleum reservesEconomic aspects.337 qL811 2013Tordo Silvana1506085Tordo SilvanaCDXCDXOCPOCLCOOCLCQPITYDXCPBTCTANGUNJROCLCQDLCBOOK9910779853003321Local content policies in the oil and gas sector3736132UNINA