목차
Foreword xi
George Soros
Acknowledgments xvii
Introduction: What Is the Problem with Natural Resource Wealth? 1
Macartan Humphreys
Jeffrey D. Sachs
Joseph E. Stiglitz
PART I: DEALING WITH OIL CORPORATIONS 21
What Is the Role of the State? 23
How to Evaluate the Fiscal Terms of Oil Contracts 53
David Johnston
How to Negotiate an Oil Agreement 89
Jenik Radon
How Best to Auction Oil Rights 114
Peter Cramton
PART II: MANAGING THE MACROECONOMY 153
Are Oil Producers Rich? 155
Geoffrey Heal
How to Handle the Macroeconomics of Oil Wealth 173
The Political Economy of Natural Resource Funds 194
Martin E. Sandbu
PART III: HANDLING THE POLITICS 235
How Mineral-Rich States Can Reduce Inequality 237
Michael L. Ross
Ensuring Fairness: The Case for a Transparent Fiscal Social Contract 256
Terry Lynn Karl
Critical Issues for a Revenue Management Law 286
Joseph C. Bell
Teresa Maurea Faria
Future Directions for the Management of Natural Resources 322
APPENDICES 337
Abridged Sao Tome and Principe Oil Law 339
Abridged Timor-Leste Oil Law 367
Glossary of Oil Terms 375
Web Site References 389
Contributors 391
Index 397