The Natural Resource Governance Institute (NRGI) and United Nations Development Programme (UNDP) are pleased to launch the report “Natural Resource Revenue Sharing”. The report gives an overview of resource revenue sharing mechanisms around the world and provides advice to policymakers establishing or reforming their systems. We invite you to attend a short presentation of the key findings, followed by an informal roundtable discussion. The discussion will focus on whether these systems can help address the ‘resource curse’ and what the international community can do to improve their performance.
In nearly every country, subnational governments receive public funds, either through direct tax collection or through intergovernmental transfers. However, in more than 30 countries, such as Bolivia, Indonesia, Nigeria and Papua New Guinea, distribution of non-renewable natural resource revenues to subnational authorities is governed by a set of rules that are distinct from the rules governing distribution of non-resource revenues.
While these systems can promote economic development and help mitigate or even prevent violent conflict in resource-rich regions, they can also generate perverse incentives for transforming natural resource wealth into wellbeing. They can exacerbate boom-bust cycles and regional inequalities. Worse, depending on how they are designed and implemented, they can intensify violent conflict rather than alleviating it.
The central question that will be discussed is: What policies are more or less likely to improve the quality of public spending, compensate regions negatively affected by extractive activities, address local claims in resource-rich regions, and help mitigate conflict? We will focus on emerging or evolving systems in conflict states, including the DRC, Iraq, Libya and Myanmar.
Breakfast will be served from 9 AM.
About the presenters:
Andrew Bauer is Senior Economic Analyst at NRGI. He focuses on economic technical assistance and research to improve natural resource revenue management. His work includes advising governments, parliaments and civil society on macroeconomic management, public finance, and governance and accountability mechanisms in the extractives.
Sofi Halling is a Policy Analyst in UNDP. She is currently working in UNDPs Oslo Governance Centre, with a special focus on developing applicable research and policy advice on Governance of Extractive Industries in regions / countries emerging out of conflict.