The move toward income-based levies also has brought serious, and intractable, administrative difficulties, since the measurement of a taxpayer’s net income is far more difficult and prone to taxpayer avoidance than measurement of the fair market value of extracted product.
The December 2016 issue of the Caucasus Analytical Digest examined the record of human capital accumulation, gender equality and corporate social responsibility in Azerbaijan during the recent oil boom.
The Natural Resource Governance Institute (NRGI) and its partners are pleased to announce course offerings for 2017. With generous donor support, NRGI offers a number of scholarships available to eligible participants from select countries.
Tunisia’s new reformist government has committed to fight corruption and boost investment and growth, amid growing concern about the potential of Tunisia’s oil and gas sector to attract foreign investment and reduce growing energy trade deficits in the long term.
We at the Natural Resource Governance Institute (NRGI) are gathering information on the various tools and methodologies used by governments, extractive companies, multilaterals, donors, academics, consulting companies and civil society organizations to measure the non-fiscal costs and benefits of the extractive sector.
As a lower middle-income country that heavily depends on remittances from migrant workers hard hit by the economic downturn in Russia, Tajikistan is in desperate need of foreign capital to balance its economic growth.
The agreement between OPEC producers last week raised the prospect of higher oil prices for the medium term. Over the last six months, other commodity prices have increased, and so have the prospects of many mining companies.