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Fiscal Systems for Hydrocarbons: Design Issues (World Bank Working Papers)

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 | #7757029 in Books |  2007-08-23 | Original language:English | PDF # 1 |  9.66 x.20 x7.10l,.35 | File type: PDF | 82 pages

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Although host governments and investors may share one common objective―the desire for projects to generate high levels of revenue―their other goals are not entirely aligned. Host governments aim to maximize rent for their country over time, while achieving other development and socioeconomic objectives. Investors aim to ensure that the return on investment is consistent with the risk associated with the project, and with their corporations' strategic objectives. To r...

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