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Could Resource Rents Finance Universal Access to Infrastructure? A First Exploration of Needs and Rents

Listed author(s):
  • Sabine Fuss

    (Mercator Research Institute on Global Commons and Climate Change)

  • Claudine Chen

    (Mercator Research Institute on Global Commons and Climate Change)

  • Michael Jakob

    (Mercator Research Institute on Global Commons and Climate Change and Potsdam Institute for Climate Change Impact Research)

  • Annika Marxen

    (Technical University Berlin and Mercator Research Institute on Global Commons and Climate Change)

  • Narasimha D. Rao

    (International Institute of Systems Analysis)

  • Ottmar Edenhofer

    (Mercator Research Institute on Global Commons and Climate Change, Technical University Berlin and Potsdam Institute for Climate Change Impact Research)

It is often argued that, ethically, resource rents should accrue to all citizens. Yet in reality the rents from exploiting national resources are often concentrated in the hands of a few. If resource rents were to be taxed, on the other hand, substantial amounts of public money could be raised and used to cover the population’s infrastructure needs, such as access to electricity, water, sanitation, communication technology and roads, which all play important roles in a nation’s economic development process. Here, we examine to what extent existing resource rents could be used to provide universal access to these infrastructures.

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Paper provided by Fondazione Eni Enrico Mattei in its series Working Papers with number 2015.93.

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Date of creation: Oct 2015
Handle: RePEc:fem:femwpa:2015.93
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