The Extractive Industries Source Book: about this project
This a unique study on good practice issues in the development of hydrocarbons and mining resources in capital importing countries. It requires the creation of an internet-based database - the Extractive Industries Source Book - that will draw together and analyse ‘good practice’ in key activities in the international oil, gas and mining industries, such as awarding contracts, monitoring operations, collecting taxes and royalties, managing and allocating revenues and implementing sustainable development projects.
The Aims
The EI Source Book project will gather together diverse experiences from disparate sources, drawing on a wide variety of stakeholders, and make the results readily available to senior users in government departments in developing countries as well as civil society groups and decentralised, informal networks. It will contribute to capacity building and access to knowledge in these countries, especially in their relations with international investors. It will be interactive too, so that users of the EI Source Book can participate in its further development. A hard copy of the basic ‘Source Book Narrative’ will also be available.
This PowerPoint helps students to consider the concept of infinity.
Extractive Industries Source Book presentation given in three locations, 2010 and 2011
1. Work in Progress
World Bank/University of Dundee
Oxford, September 14, 2010
Cape Town, September 17, 2010
Washington, January 6, 2011
2. EI Source Book-Background
EI Source Book
“Paradox of Plenty” Wealth and underperformance
Good governance, fiscal management, and sound policy
What are good policies within EI sector management?
Vast amount of published research on the topic
Source Book is a collection of relevant and important documents
EI Source Book will be an online, open-source, dynamic, concise, and comprehensive guide
Notional handbook for EI-TAF staff and consultants
Valuable tool for resource administrators, policy makers, civil society and other providers of
technical policy support to extractive industries
World Bank’s Extractive Industries Value Chain
The EI Value Chain illustrates the range of topics to be
addressed in formulating policies for the EI Sectors.
The EI Source Book is based on an expanded version of the
Value Chain approach to EI issues.
8. • Source Book structure
• Content creation
• Source Book online
• Technical Issues
• Narrative
• Outline and content
• Resources
• References
• Documents
• Country briefs
• Preliminary Gap Analysis
• Website
• Snapshot
• Next steps
9. Handbook targeted to consultants engaged on EI-TAF projects and client governments
Academic institutions, CSOs and private sector will also benefit from involvement
Living document, with initial content drawn from World Bank and select third-party knowledge
products, as distilled/structured by the University of Dundee
This initial content/structure will be transferred into the EI-TAF Source Book online system
‘Core’ EI Source Book
Topic A.1
WBG and select Topic A
third-party
documents Topic A.2
reviewed and Topic B
distilled by Core Narrative
(Gap identified)
University of
Dundee
Topic C.1 Topic C
10. Source Book will begin to take on a life of its own: sections will be updated, sub-sections
added, documents attached, and related areas cross-linked
A potential strategy will be to maintain a core, ‘vetted’ EI Source Book, while filtering
external submissions and knowledge through reviewers or advisory body
Knowledge inflows Review function
‘Core’ EI Source Book
External user wiki
content
Topic A.1
Case study Topic A
Topic A.2
Third-party
research
Topic B
Topic B.1 Core Narrative
Project Documents (Gap filled)
from previous WBG
project
Workshop
Topic C.1 Topic C
Documents
11. • Introduction
• A. Resource Curse
• A.1 The Resource Curse phenomenon
• A.2 Technical factors
• A.3 Political factors
• B. Extractive Industries
• B.1 Common features
• B.2 Key differences
13. • D. Sector Organization and Oversight
• D.1 Institutions
• D.2 National Resource Companies
• E. Fiscal Design, Instruments and
Administration
• Fiscal design
• Fiscal instruments
• Fiscal administration
14. • F. Revenue Management and Allocation
• F.1 Revenue and Asset Management
• F.2 Resource Funds
• F.3 Revenue Allocation
• G. Implementation of Sustainable
Development Policies and Projects
• G.1 Expenditure Policy and Implementation
• G.2 Expenditure Quality Control and Oversight
15. • Cross-Cutting Topics
• H. Social and Environmental Considerations
• Social concerns
• Environmental concerns
• I. Transparency and Accountability
• Benefits and Challenges
• Transparency Initiatives
16. • J. Institutional Capacity
• J.1 Capacity Requirements
• J.2 Delivering Capacity Building
• K. Consultation and Stakeholder Participation
• K.1 Role of consultation
• K.2 Civil society
• K.3 Parliament
• K.4 Industry
• K.5 Home Governments
• K.6 International Institutions (including IFIs)
17. • References
• 100+ references to books, articles, websites
• 70 reference summaries
• Collection of references and preparation of
summaries ongoing
• Documents
• Growing collection of policy statements, laws,
contracts and regulations
• Country Briefs
• Ongoing preparation of short briefs on country
experiences
18. • Baunsgaard, T., A Primer on Mineral Taxation, IMF Working Paper,
September 2001
• Boadway, R., Keen, M., Theoretical perspectives on resource taxation
design, in The Taxation of petroleum and Minerals: Principles,
Problems and Practice (Daniel, P., Keen, M., McPherson, C., (eds.)
Oxon, United Kingdom: Routledge, 2010)
• Calder, J., Resource tax administration: functions, procedures and
institutions, in The Taxation of petroleum and Minerals: Principles,
Problems and Practice (Daniel, P., Keen, M., McPherson, C., (eds.)
Oxon, United Kingdom: Routledge, 2010)
• Calder, J., Resource tax administration: the implications of
alternative policy choices , in The Taxation of petroleum and
Minerals: Principles, Problems and Practice (Daniel, P., Keen, M.,
McPherson, C., (eds.) Oxon, United Kingdom: Routledge, 2010)
19.
20. In Preparation:
• Ghana
• Uganda
• Nigeria
• Botswana
• Brazil
• Chile
21. Access issues
◦ Viewing Rights for all users, and Editing Rights for select users
◦ External (non-WBG) user access will be required
◦ Document hosted outside of WBG IT system
◦ Narrative handbook will complement on line information access
Utility for users
◦ Online/offline use (Hardcopy/print-out may be needed by users in the field)
◦ Software platform robust, functional on older computers, and user-friendly
◦ Language translation may be required (likely limited to core document)
Quality control
◦ Maintaining order and structure, while still allowing for dynamic content
◦ Need for caretaker and maintenance roles/guidelines to be established
◦ Review/consolidation procedure for core ‘vetted’ content (Advisory Group)
◦ Key risk is the document becoming unwieldy, structure undermined and/or poor content
Next steps
◦ University of Dundee creates Phase 1 of EI Source Book, providing core structure for online
system
◦ Online system is chosen based on software ability to meet procedural and operational needs
22.
23.
24.
25. • Stepped-up program of consultations
• Revise and expand Narrative
• Add selected references, documents and
country briefs
• Edit summaries
• Edit web page and revise as necessary
• Prepare Phase 2 (online version of Source
Book)