Comparative Study on the Distribution of Oil Rents in Bolivia, Colombia, Ecuador and Peru

World Bank

Washington, DC

关键词: hydrocarbons;    oil rents;    indigenous communities;    foreign investment;    commercialization;   

RP-ID  :  ESM304

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Oil rent accounts for a significantportion of the gross domestic product (GDP), the nationalbudget, and the foreign-exchange revenues in the producingcountries of the Sub-Andean Basin. Its availability presentsan opportunity and a challenge. The issue of the managementand use of the oil rent is generating increasing concernamong oil companies, civil society, development agencies,and, governments. The above-mentioned stakeholders agreethat oil-producing regions, and in particular peopledwelling in such regions, should receive indemnificationsfor damages resulting from oil operations and should realizethe opportunity to enter a development growth path. Toaccomplish this, the regions and the people must benefitfrom a part of the rent. The study presents in a systematicway the available information on the distribution of oilrents in the Sub-Andean Basin (Bolivia, Colombia, Ecuadorand Peru). Its principal aim is to understand the challengesand risks in the ongoing processes and to identify thetrends regarding the rent distribution, in particular, andthe fiscal decentralization, in general.