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dc.contributor.authorArellano Yanguas, Javieren
dc.contributor.authorMejía Acosta, Andrésen
dc.date.accessioned2016-01-04T16:07:58Z
dc.date.available2016-01-04T16:07:58Z
dc.date.issuedSeptember 2014en
dc.identifier.citationArellano Yanguas, J. and Mejía Acosta, A. (2014) Distributing the Wealth from the Earth. IDS Bulletin 45(5): 58-68en
dc.identifier.issn1759-5436en
dc.identifier.urihttps://opendocs.ids.ac.uk/opendocs/handle/20.500.12413/7336
dc.description.abstractThis article explains different criteria and mechanisms for distributing extractive industries (EI) revenues between central and local governments across countries and territories. It reveals that institutional or systemic predictors of distribution are not enough to explain different shares of revenue sharing. The proportion of EI revenues effectively transferred to sub?national governments is neither related to the level of fiscal decentralisation of the countries nor to their federal or unitary nature. We suggest that the relative strength of the sub?national governments vis-à?vis the central government as well as the relative alignment of preferences between local and national governments have a significant impact on transferring EI revenues. We conclude that administrative or fiscal decentralisation alone are not sufficient to ensure an effective distribution of natural resource revenues. Effective political decentralisation can reduce vertical asymmetries and ensure a more equitable distribution of wealth across all jurisdictions.en
dc.format.extent11en
dc.publisher© 2014 Institute of Development Studiesen
dc.relation.ispartofseriesIDS Bulletin Vol. 45 Nos. 5en
dc.rights.urihttp://www.ids.ac.uk/files/dmfile/IDSOpenDocsStandardTermsOfUse.pdfen
dc.titleDistributing the Wealth from the Earthen
dc.typeArticleen
dc.rights.holder© 2013 The Author. IDS Bulletin © 2013 Institute of Development Studiesen
dc.identifier.doi10.1111/1759-5436.12104en


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