scholarly journals An analysis of compensation collected for the depletion of Angola’s oil resources

2012 ◽  
Vol 5 (1) ◽  
pp. 135-152
Author(s):  
Pieter Van der Zwan

The African continent contributes approximately 12% of the world’s oil production. Despite this wealth, many citizens of oil-rich African countries live in poverty, often because their governments do not collect sufficient compensation for the depletion of oil resources to fund national development or do not utilise compensation collected for the benefit of the people. In this article the extraction tax regime to collect compensation on Angola’s oil resources is compared to the regimes in other oil-rich countries to identify aspects from which Angola can learn with regard to the compensation systems of those countries. It is concluded that Angola may be able to improve its extraction tax regime by learning from governance measures over natural resource funds in Norway and Canada, by implementing measures to increase its oil royalty income in times of economic prosperity and by defining deductible costs more specifically in its production-sharing agreements.

2016 ◽  
Vol 1 (1) ◽  
pp. 83-116
Author(s):  
Kialee Nyiayaana

This paper explores the relationship between leadership and natural resource management and the persistence of oil-related conflicts in Nigeria’s Niger Delta. It adopts the process theoretical approach to leadership. The key argument is that the space for conversations between leaders and the people of the Niger Delta in the management of oil resources has been historically restrictive in favour of leaders. This accounts for the highly skewed oil ownership and distributive structures that undermine the security needs of the people. Yet, the destructive consenting behaviour of the people shapes peacebuilding process and outcomes in ways that reinforce structures of insecurity and violence in the region.


2019 ◽  
Vol 2 (1) ◽  
pp. 29-37
Author(s):  
Fakharsyah Hanif Sugiyartomo

As an oil producing nation, Indonesia embodied its authority to manage its oil resources through article 33 paragraphs 3 of The Republic of Indonesia Constitution 1945. Regarding the article, this means that the state has the authority to manage Indonesian natural resources, directly or indirectly, through other public and/or private institutions and the profit of such activity shall be for the benefit of the people. This granted the state to appoint other institution, including a National/International Oil Company (NOC/IOC), to manage the exploration and production of oil, as that particular activity is regarded as a high risk and high capital business. In order to do so, according to Law no. 22 2001, the state may appoint a NOC/IOC through a production sharing contract. In this research, it is founded that the regulation that governed a production sharing contract with the gross split mechanism—Ministry of Energy and Mineral Resources Regulation No. 8 2017 jo. Ministry of Energy and Mineral Resources No. 52 2017—does not have a strong legal basis. In overall, the management of oil and gas through the gross split mechanism does not gives a maximum benefit for the state, and does not attract the IOC/NOC interest to explore and produce oil and gas in Indonesia. Therefore, in this paper, the reviewing of oil and gas management through a gross split mechanism is recommended. Keywords: management, gross split scheme, income taxes


2018 ◽  
Vol 4 (2) ◽  
pp. 101
Author(s):  
Muhamad Alfian ◽  
Nandang Saefudin Zenju ◽  
Irma Purnamasari

Infrastructure development is an integral part of national development and the driving wheel of economic growth. Infrastructure also has an important role in strengthening national unity and unity (Bappenas: 2009). The banjarwaru, banjarwangi, and telukpinang highways are the access roads traversed by 8 villages including alternative routes for the cicurug-sukabumi area. This road is always passed by the people who headed to the city. Therefore, the benefits of this road is very important because it is often passed from the cicurug-sukabumi area due to the diversion of traffic flow so that the intensity of high road users.In this study the author uses the theory of Ridwan and Sudrajat. Quality of service is the level of incompatibility between expectations with customer desires and also the perceptions of these customers. Quality of service here can be assessed by looking at the dimensions. These dimensions include the quality of service, the ability of officials, and service convenience. During the observation to the community through the survey to direct approach with the community, most people complained that the development service to build the kecamatan should be further improved and the results of this study showed that the Quality Assessment of Service in Road Infrastructure Development in Ciawi Sub-district Bogor Regency is categorized Fair Good this is because the assessment of the quality of development services by the Subdistrict Apparatus itself and from the community assess the ability of District Officers still have to be improved in conducting the service and its implementation.Keywords: Service Quality, Infrastructure Development.


Author(s):  
Leif Wenar

Article 1 of both of the major human rights covenants declares that the people of each country “shall freely dispose of their natural wealth and resources.” This chapter considers what conditions would have to hold for the people of a country to exercise this right—and why public accountability over natural resources is the only realistic solution to the “resource curse,” which makes resource-rich countries more prone to authoritarianism, civil conflict, and large-scale corruption. It also discusses why cosmopolitans, who have often been highly critical of prerogatives of state sovereignty, have good reason to endorse popular sovereignty over natural resources. Those who hope for more cosmopolitan institutions should see strengthening popular resource sovereignty as the most responsible path to achieving their own goals.


BMJ Open ◽  
2021 ◽  
Vol 11 (3) ◽  
pp. e044149
Author(s):  
Isabel Frost ◽  
Jessica Craig ◽  
Gilbert Osena ◽  
Stephanie Hauck ◽  
Erta Kalanxhi ◽  
...  

ObjectivesAs of 13 January 2021, there have been 3 113 963 confirmed cases of SARS-CoV-2 and 74 619 deaths across the African continent. Despite relatively lower numbers of cases initially, many African countries are now experiencing an exponential increase in case numbers. Estimates of the progression of disease and potential impact of different interventions are needed to inform policymaking decisions. Herein, we model the possible trajectory of SARS-CoV-2 in 52 African countries under different intervention scenarios.DesignWe developed a compartmental model of SARS-CoV-2 transmission to estimate the COVID-19 case burden for all African countries while considering four scenarios: no intervention, moderate lockdown, hard lockdown and hard lockdown with continued restrictions once lockdown is lifted. We further analysed the potential impact of COVID-19 on vulnerable populations affected by HIV/AIDS and tuberculosis (TB).ResultsIn the absence of an intervention, the most populous countries had the highest peaks in active projected number of infections with Nigeria having an estimated 645 081 severe infections. The scenario with a hard lockdown and continued post-lockdown interventions to reduce transmission was the most efficacious strategy for delaying the time to the peak and reducing the number of cases. In South Africa, projected peak severe infections increase from 162 977 to 2 03 261, when vulnerable populations with HIV/AIDS and TB are included in the analysis.ConclusionThe COVID-19 pandemic is rapidly spreading across the African continent. Estimates of the potential impact of interventions and burden of disease are essential for policymakers to make evidence-based decisions on the distribution of limited resources and to balance the economic costs of interventions with the potential for saving lives.


Economies ◽  
2021 ◽  
Vol 9 (1) ◽  
pp. 25
Author(s):  
Basem Ertimi ◽  
Tamat Sarmidi ◽  
Norlin Khalid ◽  
Mohd Helmi Ali

A variety of critical empirical studies are interested in and focused on complex issues related to natural resource management and resource curse, whilst less can be found combining diverse factors that affect the dynamics of this curse and mitigate it. The case study of Norway is used as the benchmark policy framework in oil-rich countries to invest oil revenues and set correct fiscal policies. In this study, an analytical framework was structured to evaluate the coherence of resource management with sustainability as a starting point, contributing to further assessments of how the adaptation of such policies is incorporated in resource management to mitigate the resource curse. The analysis also suggests that oil-rich countries can learn from Norway’s experience to mitigate this resource curse and utilize oil revenues in the interest of the country. In addition, the analysis helps in effective management and the protection of ecological resources as these are becoming an increasingly important strategic part of natural wealth. This study aimed to provide an overarching framework designed to help conceptualize key issues of natural resource management and the resource curse in oil-rich countries and understand the challenges facing those countries in managing the natural resources.


1979 ◽  
Vol 19 (211) ◽  
pp. 204-213

At the beginning of June, the ICRC made a further appeal to governments and National Red Cross Societies for their material and financial support to continue its humanitarian activities for the victims of the conflicts in Africa. It requested, for the period from 1 July to 31 December,the sum of 35.8 million Swiss francs, equivalent to about 5 million Swiss francs per month. The ICRC warned prospective donors that, if no help was swiftly forthcoming, it would be compelled to reduce the activities of its delegations in various African countries, and that the consequences would mean considerable hardship for the people in need of ICRC aid.


2018 ◽  
Vol 25 (6) ◽  
pp. 856-883 ◽  
Author(s):  
Armand Viljoen ◽  
Andrea Saayman ◽  
Melville Saayman

The goal of this research was to investigate the determinants that influence foreign tourism arrivals to the African continent, firstly as a collective and secondly in different regions, with the aim to foster a greater understanding of how African countries and regions can grow their tourism economies. Using static and dynamic panel estimators, two key findings were identified from this research: (1) tourism to the continent is influenced by income in developed countries, prices, telecommunication infrastructure and geographical factors as well as conservation efforts and (2) the regions in Africa do not all react the same to changes in these factors.


2020 ◽  
pp. 097215092096136
Author(s):  
Muhammad Shahbaz ◽  
Mohammad Ali Aboutorabi ◽  
Farzaneh Ahmadian Yazdi

This article explores the impact of financial development on the ‘natural resources rents–foreign capital accumulation nexus’ in selected natural resource–rich countries during 1970Q1–2016Q4. In doing so, we propose a new approach by applying the autoregressive distributed lag (ARDL) rolling regression technique for our empirical purpose. The results show that financial development has a positive and significant effect on the way natural resource rents affect foreign capital in the case of Australia, Chile, Ecuador, Egypt and Peru in both the short run and the long run. We achieve the same results in the case of Colombia and Iran too, but just in the long run. Also, short-term and long-term negative effects of financial development on the rents–foreign capital nexus are witnessed just in the case of Algeria. We provide some empirical evidence for further robustness of our findings. Finally, we suggest that there is a necessity for the development of the financial system in natural resource–rich countries to reach higher levels of foreign capital, which has a crucial role in their economic growth.


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