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The political economy of oil production in Latin America

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dc.description.abstract This paper studies the cycles of investment and expropriation in the context of the Latin American oil sector. In particular, it provides an explanationfor the state´s difficulties in capturing the oil rents and rationalizes the tendencyof governments to periodically renege on their prior agreements pursuingthe quasi-rents. The paper does not try to provide a general proposal forthe right fiscal and contractual structure, however, as the right structure mustbe tailored to each country. en
dc.title The political economy of oil production in Latin America en
dc.contributor.author Manzano, Osmel
dc.contributor.author Monaldi, Francisco
dc.date.accessioned 2014-11-18T01:30:50Z
dc.date.available 2014-11-18T01:30:50Z
dc.date.issued 2008-10
dc.identifier.issn 1529-7470
dc.identifier.uri http://hdl.handle.net/123456789/48777
lacea.language.supported en
dc.contributor.other Comment by Federico Sturzenegger
dc.language.iso en
dc.publisher Brookings Institution Press
dc.subject Oil industry
dc.subject Expropiation
dc.subject Invesment
dc.subject Taxation
dc.subject Latin America
dc.subject Government policy
dc.subject Environmental economics
dc.type Article


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