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

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Author Info
Philippe Le Billon
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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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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Related research
Keywords: Extractive resources; oil revenues; peacebuilding; revenue-sharing;

Find related papers by JEL classification:
D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
F51 - International Economics - - International Relations and International Political Economy - - - International Conflicts; Negotiations; Sanctions
F53 - International Economics - - International Relations and International Political Economy - - - International Agreements and Observance; International Organizations
O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
O19 - Economic Development, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
Q34 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Natural Resources and Domestic and International Conflicts

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This page was last updated on 2009-11-21.


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