Revenue Administration: Administering Revenues from Natural Resources

A Short Primer

Business & Finance, Economics, Public Finance, Accounting, Taxation, Finance & Investing
Cover of the book Revenue Administration: Administering Revenues from Natural Resources by Andrea Mrs. Lemgruber, INTERNATIONAL MONETARY FUND
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Author: Andrea Mrs. Lemgruber ISBN: 9781498370554
Publisher: INTERNATIONAL MONETARY FUND Publication: June 17, 2014
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Andrea Mrs. Lemgruber
ISBN: 9781498370554
Publisher: INTERNATIONAL MONETARY FUND
Publication: June 17, 2014
Imprint: INTERNATIONAL MONETARY FUND
Language: English

Many developing countries have significant natural resource endowments, presenting a remarkable opportunity to boost long-term growth. However, this opportunity comes with enormous challenges. To maximize social and economic benefits, strong governance and institutional capacity are essential. Effective and transparent tax administration is crucial for properly managing revenues from natural resources so the country may benefit economically and socially from its natural resources. Revenue Administration describes the challenges that developing countries face and presents good practices to help build countries’ long-term institutional capacity.

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Many developing countries have significant natural resource endowments, presenting a remarkable opportunity to boost long-term growth. However, this opportunity comes with enormous challenges. To maximize social and economic benefits, strong governance and institutional capacity are essential. Effective and transparent tax administration is crucial for properly managing revenues from natural resources so the country may benefit economically and socially from its natural resources. Revenue Administration describes the challenges that developing countries face and presents good practices to help build countries’ long-term institutional capacity.

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