Oil to Cash

Fighting the Resource Curse through Cash Transfers

Nonfiction, Science & Nature, Science, Physics, Energy, Social & Cultural Studies, Political Science, Politics, Economic Conditions, Government, Social Policy
Cover of the book Oil to Cash by Todd Moss, Caroline Lambert, Stephanie Majerowicz, Brookings Institution Press
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Author: Todd Moss, Caroline Lambert, Stephanie Majerowicz ISBN: 9781933286877
Publisher: Brookings Institution Press Publication: June 10, 2015
Imprint: Center for Global Development Language: English
Author: Todd Moss, Caroline Lambert, Stephanie Majerowicz
ISBN: 9781933286877
Publisher: Brookings Institution Press
Publication: June 10, 2015
Imprint: Center for Global Development
Language: English

What should a country do if it suddenly discovers oil and gas? How should it spend the subsequent cash windfall? How can it protect against corruption? How can citizens truly benefit from national wealth? With many of the world's poorest and most fragile states suddenly joining the ranks of oil and gas producers, these are pressing policy questions.

Oil to Cash explores one option that may help avoid the so-called resource curse: just give the money directly to citizens. A universal, transparent, and regular cash transfer would not only provide a concrete benefit to regular people, but would also create powerful incentives for citizens to hold their government accountable. Oil to Cash details how and where this idea could work and how policymakers can learn from the experiences with cash transfers in places like Mexico, Mongolia, and Alaska.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

What should a country do if it suddenly discovers oil and gas? How should it spend the subsequent cash windfall? How can it protect against corruption? How can citizens truly benefit from national wealth? With many of the world's poorest and most fragile states suddenly joining the ranks of oil and gas producers, these are pressing policy questions.

Oil to Cash explores one option that may help avoid the so-called resource curse: just give the money directly to citizens. A universal, transparent, and regular cash transfer would not only provide a concrete benefit to regular people, but would also create powerful incentives for citizens to hold their government accountable. Oil to Cash details how and where this idea could work and how policymakers can learn from the experiences with cash transfers in places like Mexico, Mongolia, and Alaska.

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