Key Issues in Natural Resource Taxation and Revenue Management in the Commonwealth

Public policies in taxation and revenue management are key to ensuring natural resource wealth results in economic development. Tax policy and systems should ensure that whenever natural resources are extracted, the host state receives a fair share of revenue. Revenue management policies are required to ensure that government revenues from natural resources are wisely used to finance sustainable economic development. This volume of the Economic Paper series analyzes key issues in natural resource taxation and revenue management, and it recommends policies that can improve countries' economic performance. The discussion draws on economic theory, empirical evidence, and the work of the Commonwealth Secretariat. (Series: Economic Paper, Vol. 96) [Subject: Economics, Sustainable Economic Development, Public Policy]