Social and economic effects of petroleum development in non-OPEC developing countries synthesis report by Jon B. McLin

Cover of: Social and economic effects of petroleum development in non-OPEC developing countries | Jon B. McLin

Published by International Labour Office in Geneva .

Written in English

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  • Developing countries,
  • Developing countries.


  • Petroleum industry and trade -- Developing countries.,
  • Developing countries -- Economic conditions.,
  • Developing countries -- Social conditions.

Edition Notes

Bibliography: p. [99]-104.

Book details

StatementJon McLin.
LC ClassificationsHD9578.D44 M396 1986
The Physical Object
Paginationxiii, 104 p., [4] folded leaves of plates :
Number of Pages104
ID Numbers
Open LibraryOL2433235M
ISBN 109221055051
LC Control Number87123328

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Social and economic effects of petroleum development in non-OPEC developing countries: Synthesis report: by Jon McLin International Labour Office, Geneva,pp, 20 Swiss francsAuthor: Andrew MacKillop.

Get this from a library. Brazil and Peru: social and economic effects of petroleum development. [Norman Gall; Eleodoro Mayorga Alba] -- Two case studies on the petroleum experience of a cross-section of non-OPEC developing countries gas and oil producers.

Study puts more stress on development aspects of petroleum exploration and. Oil prices are driven by many factors including supply and demand. OPEC+, which is the amalgamation of OPEC and non-OPEC nations like Russia.

Petroleum exploration in the non-OPEC LDCs The effects of recent world developments Raymond F. Mikesell The recent decline in world petroleum prices and the uncertainty with respect to future oil prices is having an adverse effect on exploration in non-OPEC LDCs, particularly in the oil-importing developing by: 7.

@article{osti_, title = {Petroleum industry in oil-importing developing countries}, author = {Ghadar, F}, abstractNote = {In studying the development and growth of the petroleum industry in oil-importing developing countries (OIDCs), three such countries - Argentina, India, and Korea - were selected as a diverse yet representative sample and were examined using an intensive case-study.

The Petroleum Profit Tax Act of as amended for the collection and usage by federal government has increased the expected development of the nation in general. There is a position relationship between revenue from petroleum profit tax and total tax revenue.

The United Nations Development Programme expects a US$ billion reduction in revenue in developing countries, and expects COVID's economic impact to last for months or even years.

Some expect natural gas prices to fall. Manufacturing. New vehicle sales in the United States have declined by 40%. on the ‘Socio-economic Benefits from Petroleum Industry Activity in Newfoundland and Labrador’ (Community Resource Services Ltd.

(CRS), ) during the to period. The report concluded that the socio-economic effects of the Newfound-land and Labrador offshore petroleum industry have been ‘large, widely distributed, and long-term. 1. Introduction.

The resource curse refers to the tendency of commodity-exporting countries to be characterised by poor economic performance, to be governed by a non-democratic regime, and to be plagued by civil war ().Exports of natural resources have a negative influence on economic growth (Sachs and Warner,Sachs and Warner, ), which is paradoxical because.

Together, these countries produce more than half of the total oil resources in the world. While some petroleum is found in gas form, the most common natural gas is methane.

Methane usually occurs in small amounts with petroleum deposits and is often extracted at the same time as the petroleum. spread to new countries.

energy importers cannot circumvent the oil curse; they must help solve it. this book takes a comprehensive look at the political and economic consequences of petroleum wealth, especially in developing countries.6 analyzing 50 years of data for countries in.

building of infrastructure for poor non-OPEC countries. and transnational soc iety which support economic, social and cul of the petroleum exporting countries World oil outlook( This chapter is concerned with the role of oil and gas in the economic development of the global economy.

It focuses on the context in which established and newer oil and gas producers in developing countries must frame their policies to optimize the benefits of such resources.

It outlines a history of the issue over the last twenty-five years. On the front burner of developing countries’ economic policy is the pursuit of economic growth and development. This however has been hindered by inadequate resources needed to drive the process. If many countries opt for this type of response, the impact on the global economy could be quite large.

Economic impact. COVID could affect the global economy through three channels: Direct impact on production. Chinese production has already been substantially affected by the shutdown in Hubei province and other areas. Book: Determinants of oil exploration and development in non-OPEC developing countries Title: Determinants of oil exploration and development in non-OPEC developing countries Full.

IMPACT OF PETROLEUM SECTOR REVENUE AND ECONOMIC GROWTH TABLE OF CONTENTS CHAPTER ONE Introduction Statement of the Research Problem Research Objective Statement of Hypothesis Scope of the Study Relevance and Significance of the Study CHAPTER TWO: LITERATURE REVIEW Overview of Taxation System in Nigeria Tax Policy in.

important energy source, petroleum products serve as feedstock for several consumer goods, thus playing a growing and relevant role in people's lives. On the other hand, the oil industry holds a major potential of hazards for the environment, and may impact it at different levels: air, water, soil, and consequently all living beings on our planet.

In fact, the countries o of Middle East economy is solely contributed by petroleum products. They are cooperating each other as there were no traditional differences appear.

CCASG i.e. Cooperation Council for the Arab States of the Gulf has been established to consider many economic and social objectives among Arab Sates of Gulf. The primary factor used to distinguish developed countries from developing countries is the gross domestic product (GDP) per capita, a tally.

between social and economic underdevelopment in the region and environmental degradation; and examine to what extent oil exploration is responsible for poverty in the region. Introduction The Niger Delta is an area in Nigeria comprising of wetlands and dry lands which covers abtres.

InShell Petroleum Development Company spent $52 million dollars in the Niger Delta. Exxon Mobil spent $12 million. Other oil corporations operating in Nigeria made similar expenditures. These contributions aim to promote the social and economic development of the oil communities and perhaps cushion the negative effects of oil and.

All developing countries, with the exception of OPEC Fund or OPEC Member Countries, are in principle eligible for assistance. Facts and figures. The OPEC Fund was established by OPEC Member Countries in The OPEC Fund’s cumulative commitments to sustainable development amount to more than US$25 billion.*.

The information presented in this study was drawn from interviews with petroleum officials in petroleum companies, petroleum ministries and unpublished documents such as contracts and focussing on case studies of countries such as Peru, Guatemala and Malaysia. This title will be of interest to students of environmental studies and economics.

OFID was established so that OPEC can help developing countries realize their goals in terms of economic and social development. The fund aims to impact. Oil is Power. The oil industry has a massive effect on Global Politics and as demand and oil prices have increased, politicians have been taking extreme measures in securing.

Global Oil Outlook, future economic development and investment requirements for OPEC Countries A Speech by Dr. Adnan Shihab-Eldin, Director, Research Division, Acting for the Secretary General to the 2nd African Petroleum Congress, Algiers, Algeria. The COVID‑19 pandemic is an ongoing global pandemic of coronavirus disease (COVID) caused by severe acute respiratory syndrome coronavirus 2 (SARS CoV-2).

Its impact has been broad, affecting general society, economy, culture, ecology, politics, and other areas. These aspects are discussed across many articles. Keep in mind that oil shocks have often coincided with other economic shocks. In the s, there were large increases in commodity prices, which intensified the effects on inflation and growth.

On the other hand, the early s were a period of high productivity growth, which offset the effect of oil prices on inflation and growth. Social and Economic Impact Social and Economic Development Plan - "Social License to Operate" Pricing to the domestic gas market in many developing countries.

Developing an development, environment, social impact, and safety. We also review pricing, contracts, financing, risk management, local content, LNG import projects. developing countries in general and Cameroon in particular is to achieve a rapid economic growth and development and exports are generally perceived as a motivating factor for economic growth.

The desire for rapid economic growth in developing countries is attained through more trade. There is no shortage of empirical and theoretical studies. Economic Impacts of the Natural Gas and Oil Industry. The natural gas and oil industry is a critical part of the U.S.

economy. Inthese energy resources supported million jobs and contributed more than $ trillion to the U.S. economy. development strategies in developing countries. It suggests that textiles and clothing industries are important in economic and social terms, in the short-run by providing incomes, jobs, especially for women, and foreign currency receipts and in the long-run by providing countries the opportunity for sustained economic development in.

The social and economic impact on the resource sector job stream in Papua New Guinea Papua New Guinea (PNG) is as an example of a developing country of moderate size with a significant resource boom, but very poor human development indicators.

The book’s main protagonist, the narrator Marlow, in discussing the brute force of the conquerors, and their addiction to profit and economic efficiency, makes it. Because of the role the Organization of Petroleum Exporting Countries (OPEC) plays in oil production levels and the influence it has over pricing, OPEC affects industries of all sorts throughout the world.

OPEC has a strong role in the economy of the world, and because money is deeply entwined with power, OPEC also. The Oil Curse: How Petroleum Wealth Shapes the Development of Nations - Kindle edition by Ross, Michael L.

Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading The Oil Curse: How Petroleum Wealth Shapes the Development of s: These institutions, which can offer zero- to low-interest financing and long maturities, are best-equipped to help countries in MENA and other developing regions deal with the dual shock.

The cost of inaction, both economic and social, would be large. The payoff for action is large. According to McKinsey, annual global demand for infrastructure development is $ trillion throughand developing countries are expected to account for roughly 2/3 of all infrastructure.

developing and financing an LNG project, covering in depth the considerations for an LNG export project and development of a diverse domestic market. The book also addresses LNG import projects for intra-Africa LNG sales as an alternative to country-to-country pipelines.

We discuss the decisions that need to be made and the lenses through which. Social Context. The December Tanzania Mainland Poverty Assessment notes that despite sustained economic growth and a persistent decline in poverty, the absolute number of poor people grew from 13 million into 14 million today.

Vulnerability is also still high: for every four Tanzanians who moved out of poverty, three fell into it.the impact of fiscal deficit on economic performance in developing countries, a case study on nigeria eco the impact of privatization and commercialization on nigerian economy the economic effect of petroleum scarcity in nigeria eco the capital market and it’s impact on the nigeria economy with particular emphasis on the stock.H petroleum scarcity has effect in the economic development.

DEFINITION OF TERMS Petroleum – is mineral oil which originated from forest I prehistoric time found underground and obtained from wells, used in various forms. Scarce – is not available in sufficient quantity not to the demand.

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