Fiscal rules—permanent quantitative constraints on government finances—are an important tool to help mitigate the macroeconomic challenges associated with managing natural resource revenues. This paper sheds light on large gaps in compliance and oversight of fiscal rules, and provides policy recommendations on how fiscal rules can be further strengthened.
Only nine of the 81 SOEs assessed in the 2017 Resource Governance Index achieved a good standard of transparency and accountable governance. This guide attempts to provide a practical reference for SOEs to use as they develop their disclosures.
Dans les pays riches en ressources naturelles, les entreprises publiques ont une influence majeure sur l’économie et la société dans son ensemble. Leurs activités ont souvent des retombées importantes sur la manière dont l’Etat gère l’exploitation minière ou pétrolière et sur le montant des recettes qu’il perçoit.
Oversight actors can detect and prevent corruption in the oil, gas and mining sectors if they ask the right questions. Corruption schemes can be complex and opaque, yet clear patterns and similar signs of problematic behavior do exist across resource-rich countries.
Emerging economies, their governments and their companies, are playing an increased role in oil, gas and mining production - both within their own borders but also outside in other countries and regions.