This first of the two-volume study Essentials for Economists, Public Finance
Professionals, and Policy Makers was prepared by Håvard Halland, Martin
Lokanc, and Arvind Nair, with contributions from Sridar Padmanabhan Kannan,
all of the World Bank. Its production was led by Håvard Halland. The volume is
a joint product of the World Bank’s Governance Global Practice and the Energy
& Extractives Global Practice. It draws on a large number of World Bank and
publicly available documents. Particularly relevant World Bank documents, or
documents for which the World Bank holds the copyright, are in certain cases
summarized or condensed. Where a single World Bank copyrighted source is
available, the study extracts and summarizes relevant material from this source.
In chapter 5, the sections on geodata and cadastre are in this way based on BGS
International (2012) and Ortega Girones, Pugachevsky, and Walser (2009),
respectively, and the section on competitiveness reproduces material from
Gammon (2007). Also in chapter 5, the sections on ownership and on extractive
industries (EI) taxation summarize and condense material from the EI Source
Book (Cameron and Stanley 2012). Material that draws directly on non–World
Bank sources is otherwise reproduced in boxes, with reference to the original
publication. The objective of this volume is not to present original research, but
rather to survey and summarize insights from an extensive body of literature,
and condense these insights into an easily readable format. For the interested
reader, references to the most relevant original documents are sometimes provided
at the start of the appropriate sections.
The authors are grateful to the Governance Partnership Facility and its donor
partners—the U.K. Department for International Development (DFID), the
Australian Department of Foreign Affairs and Trade (DFAT), the Netherlands’
Ministry of Foreign Affairs, and Norway’s Ministry of Foreign Affairs—for providing
full funding for this work. The authors are also grateful to Yue Man Lee for
the formal peer review of an earlier draft and invaluable input that significantly
improved the final product. Bryan Land, Marijn Verhoeven, Nicola Smithers, and
Adrian Fozzard also provided extremely useful feedback on earlier drafts, and the
authors greatly appreciate managerial support from Robert Beschel and Michael
Jarvis. Michael Stanley, Boubacar Bocoum, Adriana Eftimie, Remi Pelon, and
Noora Arfaa shared numerous highly relevant source documents, and provided