Using Extractive Revenues for Sustainable Development Policy Guidance for Resource-rich Countries

Transforming natural finite assets into human, social and physical capital is a key challenge for natural resource-rich countries. This report distils related lessons from the OECD Policy Dialogue on Natural Resource-based Development on natural resource revenue management and spending for sustainab...

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Bibliographic Details
Format eBook
LanguageEnglish
Published Paris OECD Publishing 25.11.2019
SeriesOECD Development Policy Tools
Subjects
Development
Health
Migration
Social Issues
Online AccessGet full text
ISBN9264371095
9789264371095
ISSN2518-6248
2518-3702
DOI10.1787/a9332691-en

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Summary:Transforming natural finite assets into human, social and physical capital is a key challenge for natural resource-rich countries. This report distils related lessons from the OECD Policy Dialogue on Natural Resource-based Development on natural resource revenue management and spending for sustainable development. This includes a guide on how natural resource-rich countries can ensure budget sustainability to support consistent spending over time. Further analysis focuses on the management of spending versus saving and the effectiveness of different spending mechanisms for sustainable development, making recommendations to address current challenges.
ISBN:9264371095
9789264371095
ISSN:2518-6248
2518-3702
DOI:10.1787/a9332691-en