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Managing Commodity Lifecycles, Petroleum
Mineral and Petroleum Economics
Revenue Distribution and Local Impact
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2. Balancing government and investor objectives
3. Characteristics of fiscal instruments
4. Pros and cons of fiscal instruments
5. Royalties: Simple, but not neutral or progressive
6. Pros and cons of taxes and other fiscal instruments
7. Optimal mix of instruments in fiscal regime
8. Administration: Improving revenue collection
9. Calculating revenues: Avoiding pitfalls
10. Auditing costs: potential for exaggeration
11. Sources of support to governments
12. Case study: Sierra Leone
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