000			02352nam a2200349 a 4500
001			BD-DhNSU-23833
003			BD-DhNSU
005			20220322154941.0
008			211115s2013 us a|||g b||| 000 0|eng d
020			_a9780821399316
020			_a9780821399347 (electronic bk.)
040			_aDLC _cBD-DhNSU _dBD-DhNSU
041			_aeng
050	0	0	_aHD9560.6 _b.L63 2013
245	0	0	_aLocal content policies in the oil and gas sector / _cSilvana Tordo ... [et al.].
260			_aWashington D.C. : _bWorld Bank, _cc2013.
300			_axviii, 173 p. : _bill. ; _c26 cm.
500			_a"A World Bank study."
504			_aIncludes bibliographical references.
520			_aA 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 sectorthe 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.
526	0		_aBusiness
526	0		_aEconomics
590			_aSumaiya Kainat Bintey Kohinoor
650		0	_aPetroleum industry and trade.
650		4	_aPetroleum industry and trade _xGovernment policy.
650		4	_aPetroleum reserves _xEconomic aspects.
700	1		_aTordo, Silvana _eauthor
700	1		_aWarner, Michael _eauthor
700	1		_aManzano, Osmel E. _eauthor
700	1		_aAnouti, Yahya _eauthor
942			_2lcc _cBK
999			_c23833 _d23833