Resources for Peace? Managing Revenues from Extractive Industries in Post-Conflict Environments

Philippe Le Billon

Working Papers from Political Economy Research Institute, University of Massachusetts at Amherst

Abstract: Revenues from extractive sectors such as oil and gas, minerals, and logging play an important role in many post-conflict environments, often providing more than 30% of state fiscal receipts. When managed well, these revenues can help to finance postwar reconstruction and other vital peace-related needs. When mismanaged, however, resource revenues can undermine both economic performance and the quality of governance, thereby heightening the risk of renewed violence. This paper offers a number of proposals for managing revenues from extractive industries to better support peacebuilding.

Keywords: Extractive resources; oil revenues; peacebuilding; revenue-sharing (search for similar items in EconPapers)
JEL-codes: D74 F13 F51 F53 O13 O19 Q34 (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-ene
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Citations: View citations in EconPapers (2)

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