Misuse of the Malampaya royalty fund
Grizelda Mayo-Anda
Chapter 6 in Corruption, Natural Resources and Development, 2017, pp 80-90 from Edward Elgar Publishing
Abstract:
A combination of massive royalty funds and institutional context influenced biased funding choices by local government in the case of the Malampaya natural gas project in Palawan, Philippines. A public inquiry into the Malampaya scandal demonstrated the vulnerabilities of existing governance arrangements to undue political and personal interests. This case reflects the importance of alternative and strategic mechanisms of natural resource revenue sharing that can prevent funds from falling prey to the self-interest of local politicians. Keywords: Philippines, natural gas, royalty funds, revenue sharing, corruption, local politics
Keywords: Development Studies; Economics and Finance; Geography; Politics and Public Policy (search for similar items in EconPapers)
Date: 2017
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