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Local Content Policies In Resource Rich Countries


Local Content Policies In Resource Rich Countries
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Local Content Policies In Resource Rich Countries


Local Content Policies In Resource Rich Countries
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Author : Yelena Kalyuzhnova
language : en
Publisher: Springer
Release Date : 2016-09-26

Local Content Policies In Resource Rich Countries written by Yelena Kalyuzhnova and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-26 with Business & Economics categories.


This book analyses the role of local content (LC) policy in the economic development of five resource-rich countries: Brazil, Kazakhstan, Norway, Russia and the UK. The authors situate LC policy within a framework of sustainability in the form of industrial diversification and innovation-led growth, and examine how effective LC policies are in facilitating sectoral and economy-wide catching up. Structured in five chapters, the book begins with an introduction and then presents an overview of LC definitions and situates LC policies within a framework of economic development. The third chapter compares specific examples of LC development and highlights variations in practice as well as learning across case countries. The fourth chapter focuses on macro-economic, micro-economic and institutional challenges conditioning LC development and the ability of LC policies to assist innovation-led growth. The authors conclude by examining what the future holds for LC policies and their role in promoting economic growth and addressing the wider social, political and economic challenges in resource-rich countries.



Local Content Policies In The Oil And Gas Sector


Local Content Policies In The Oil And Gas Sector
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Author : Silvana Tordo
language : en
Publisher: World Bank Publications
Release Date : 2013-07-22

Local Content Policies In The Oil And Gas Sector written by Silvana Tordo and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-22 with Business & Economics categories.


A number of countries have recently discovered and are developing oil and gas reserves. Policy makers in such countries are anxious to obtain the greatest benefits for their economies from the extraction of these exhaustible resources by designing appropriate policies to achieve desired goals. One important theme of such policies is the so-called local content created by the sector—the extent to which the output of the extractive industry sector generates further benefits to the economy beyond the direct contribution of its value-added, through its links to other sectors. While local content policies have the potential to stimulate broad-based economic development, their application in petroleum-rich countries has achieved mixed results. This paper describes the policies and practices meant to foster the development of economic linkages from the petroleum sector, as adopted by a number of petroleum-producing countries both in and outside the Organisation for Economic Co-operation and Development. Examples of policy objectives, implementation tools, and reporting metrics are provided to derive lessons of wider applicability. The paper presents various conclusions for policy makers about the design of local content policies.



Local Content Requirements


Local Content Requirements
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Author : Gary Clyde Hufbauer
language : en
Publisher: Columbia University Press
Release Date : 2013-10-05

Local Content Requirements written by Gary Clyde Hufbauer and has been published by Columbia University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-05 with Political Science categories.


In the wake of the Great Recession of 2008–09, economists feared that protectionist policies might sweep the world economy, echoing the wave of tariff escalations during the Great Depression of the 1930s. To some surprise, officials were more restrained and largely avoided traditional forms of protection (tariffs and quotas). As a result, economists underestimated the incidence of new protectionism because policymakers increasingly turned to more opaque behind-the-border nontariff barriers (NTBs). Using a combination of statistical analysis and case studies, the authors show that local content requirements (LCRs), a form of NTB, have become increasingly popular. How much was global trade actually reduced on account of LCRs? A conservative estimate might be $93 billion. Case studies featured cover the healthcare sector in Brazil, wind turbines in Canada, the automobile industry in China, solar cells and modules in India, oil and gas in Nigeria, and "Buy American" restrictions on government procurement.



Local Content Requirements


Local Content Requirements
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Author : Lili Yan Ing
language : en
Publisher: Taylor & Francis
Release Date : 2023-11-06

Local Content Requirements written by Lili Yan Ing and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-11-06 with Business & Economics categories.


As anti-globalization and geopolitical tensions continue to rise, the use of local content requirements (LCRs) around the world has become more noticeable than ever before. The reasons for adopting LCRs range from ensuring domestic supply availability, job creation, and increasing value added to safeguarding national security. Ing and Grossman examine country-specific as well as firm-product level exercises to explain how LCRs reduce fair competition, resulting in lower trade and productivity, which ultimately lowers world economic output and overall human welfare. Countries around the world are investigated with specific attention to the US, China, Indonesia, and resource-intensive countries, including mining-intensive ones. The book also presents product- and firm-level analyses, answering the question of why countries adopted LCRs and how LCRs actually affect the world economy. This book is a useful resource that will interest policymakers, researchers, and advanced undergraduates interested in international trade, industrial policy, political economy, labour economics, and development economics.



Local Content And Sustainable Development In Global Energy Markets


Local Content And Sustainable Development In Global Energy Markets
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Author : Damilola S. Olawuyi
language : en
Publisher: Cambridge University Press
Release Date : 2021-03-04

Local Content And Sustainable Development In Global Energy Markets written by Damilola S. Olawuyi and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-04 with Business & Economics categories.


Examines critical links between local content requirements and the application of sustainable development treaties in global energy markets.



Handbook Of Social Impact Assessment And Management


Handbook Of Social Impact Assessment And Management
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Author : Frank Vanclay
language : en
Publisher: Edward Elgar Publishing
Release Date : 2024-03-14

Handbook Of Social Impact Assessment And Management written by Frank Vanclay and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-14 with Political Science categories.


This is an open access title available under the terms of a CC BY-NC-ND 4.0 License. It is free to read, download and share on Elgaronline.com. This carefully conceived Handbook presents a state-of-the-art discussion of the field of social impact assessment (SIA), highlighting contemporary understandings and emerging issues in this continually evolving area of research and practice. Experienced SIA practitioners from around the world share their learnings and advice on a comprehensive range of issues faced in social performance practice.



Energy Transitions And The Future Of The African Energy Sector


Energy Transitions And The Future Of The African Energy Sector
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Author : Victoria R. Nalule
language : en
Publisher: Springer Nature
Release Date : 2020-10-12

Energy Transitions And The Future Of The African Energy Sector written by Victoria R. Nalule and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-12 with Political Science categories.


This book explores current developments in the African energy sector and highlights how these are likely to be affected by the ongoing global efforts to transition to a low-carbon economy. It analyses the legal, regulatory and policy frameworks at the national and regional level as they relate to Energy transition in Africa and discusses how regionalism is increasingly utilized to tackle energy access and climate change challenges. Using case studies from across the continent, several key thematic issues, including gender justice, social license to operate, local content and conflict of energy laws are covered in detail. The authors also uniquely examine the progressive nature of global energy use and introduce the new concept of ‘Energy Progression.’ This book will be an invaluable reference for researchers and policymakers looking for a comprehensive overview of the field.



The National Implementation Of International Norms


The National Implementation Of International Norms
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Author : Anne Crowley-Vigneau
language : en
Publisher: Springer Nature
Release Date : 2022-02-28

The National Implementation Of International Norms written by Anne Crowley-Vigneau and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-02-28 with Political Science categories.


This book explores the domestic adoption and implementation of international norms. The study of normative outcomes is expanded beyond traditional studies of value conflicts and localization to explore how transnational networks and local content policies affect an international norm’s chances of reaching compliance on the ground. Empirical research from two case studies devoted to world class universities and the flaring of Associated Petroleum gas in Russia illustrate how the involvement of ‘Transnational Expertise and Experience Networks’ increases the chances norm implementation will be successful. This book shows how networks help to adapt international norms to a local context by raising awareness and motivation levels, sharing best practices and past experience of implementation. It will be relevant to students, researchers and policymakers interested in international relations and economic transition.



Handbook Of Sustainable Politics And Economics Of Natural Resources


Handbook Of Sustainable Politics And Economics Of Natural Resources
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Author : Tsani, Stella
language : en
Publisher: Edward Elgar Publishing
Release Date : 2021-12-10

Handbook Of Sustainable Politics And Economics Of Natural Resources written by Tsani, Stella and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-10 with Political Science categories.


This timely Handbook draws together insightful analyses of natural resource management challenges and solutions in the face of sustainable development targets and a changing global climate.



Extractives Industry Law In Africa


Extractives Industry Law In Africa
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Author : Damilola S. Olawuyi
language : en
Publisher: Springer
Release Date : 2018-09-11

Extractives Industry Law In Africa written by Damilola S. Olawuyi and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-11 with Law categories.


The book provides a systematic examination of the legal, fiscal and institutional frameworks for the commercial development of petroleum and solid mineral resources in Africa. First, it considers the values, assumptions, and guiding principles underpinning legislation and governance in Africa’s extractive sector. It then provides detailed and comparative evaluations of regulatory frameworks, pricing, local content, procurement, sales, and contractual arrangements across African extractive industries. Further, the book assesses how questions of business and human rights risks, accountability, corporate social responsibility, waste and pollution control, environmental justice, and participatory development have been addressed to date, and how they could be addressed better in the future. Enhancing readers’ understanding of the geography, sources and scope of extractive resources in Africa, the book explains how corporations can effectively identify, mitigate and prevent legal and business risks when investing in African extractive industries. Lastly, it discusses the innovative legal strategies and tools needed to achieve a sustainable and rights-based extractive industry.Written in a user-friendly style, the book offers a valuable resource for corporations, investors, environmental and human rights administrators, advocates, policymakers, judges, international negotiators, government officials and consultants who advise on, or are interested in, petroleum and solid mineral investments in Africa. It also offers students and researchers an authoritative guidebook to the current state of extractive industry laws and institutions in Africa. Numerous examples of how international legal norms could be used to help revitalize the underlying legal and fiscal regimes in African extractive industries – to make them more robust, accountable, sustainable and rights-based – round out the coverage