United States Institute of Peace

International Network for Economics and Conflict

Oil

Capitalizing on New Beginnings in South Sudan

*This blog was written by Catherine Morris, Carbon Finance Unit, World Bank

Revisiting the Niger Delta: Energy Infrastructure Threatened

While Nigeria has recently captured international headlines with terrorist attacks carried out by Boko Haram, it’s important to remember that it was not long ago when another security threat

Iran Sanctions: Putting the ‘E’ back in DIME

Sanctions targeting Iran’s ability to sell its oil and access the international banking system are beginning to bite, but a change of course by that country requires coordinated and sustained

Buying Peace in Nigeria's Oil-Rich Delta Region?

Violence in Nigeria's oil-rich Delta region has soared in 2011 and during the first half of 2012, despite a government-administered amnesty program with an annual budget of $450 million and lucrati

Iran Oil Sanctions: A Race against Time

International economic sanctions designed to force the Iranian regime to prove that it is not seeking to develop militarized nuclear capacity by targeting the country’s oil exports will take

Are Tensions over Oil Transportation Threatening a Delicate Peace between the Two Sudans?

Negotiations between the two Sudans have stalled because of a seemingly intractable disagreement over pipeline charges.  Khartoum expects to receive rough

Sanctions and Saber Rattling

With tensions on the rise in the Middle East, and the jump in gas prices, USIP’s Raymond Gilpin addresses the immediate issues facing the U.S. and the world regarding the cost of oil.

Local Content Strategy: A Guidance Document for the Oil and Gas Industry

This guidance document is based on IPIECA members’ efforts to develop good practice in managing local content. It is aimed at practitioners and other company representatives with responsibility for this objective.

Direct Redistribution, Taxation, and Accountability in Oil-Rich Economies: A Proposal

To enhance efficiency of public spending in oil-rich economies, this paper proposes that some of the oil revenues be transferred directly to citizens, and then taxed to finance public expenditures. The argument is that spending that is financed by taxation—rather than by resource revenues accruing directly to the government—is more likely to be scrutinized by citizens and hence subject to greater efficiency.

Iraq’s Last Window: Diffusing the Risks of a Petro-State

Iraq’s oil industry has an opportunity to introduce an oil dividend based on expanding production. The predicted rise in revenues will allow the government to allocate a significant dividend that halves poverty, helps diversify the economy by creating demand at all income levels for goods and services, and stimulates capital formation—all without cutting into the government’s capital spending plans. In this working paper, Johnny West describes how such a dividend program could be structured by, for example, taking advantage of Iraq’s existing rationing system, ubiquitous mobile phone networks, and new biometric ID cards.

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