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Resources for Peace? Managing Revenues from Extractive Industries in Post-Conflict Environments

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  • Philippe Le Billon
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    Abstract

    Revenues from extractive sectors such as oil and gas, minerals, and logging play an important role in many post-conflict environments, often providing more than 30% of state fiscal receipts. When managed well, these revenues can help to finance postwar reconstruction and other vital peace-related needs. When mismanaged, however, resource revenues can undermine both economic performance and the quality of governance, thereby heightening the risk of renewed violence. This paper offers a number of proposals for managing revenues from extractive industries to better support peacebuilding.

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    File URL: http://www.peri.umass.edu/fileadmin/pdf/working_papers/working_papers_151-200/WP167.pdf
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    Bibliographic Info

    Paper provided by Political Economy Research Institute, University of Massachusetts at Amherst in its series Working Papers with number wp167.

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    Date of creation: 2008
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    Handle: RePEc:uma:periwp:wp167

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    Keywords: Extractive resources; oil revenues; peacebuilding; revenue-sharing;

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