Oil and Institutions Tale of two cities: Nigeria and Colombia

"Nigeria is a low income oil dependent country. It had an income per capita of US $2.162 in 2008 and an oil production of 2.09 million barrels per day, representing 37.1% of its GDP. In contrast, Colombia is a middle income country with a more modest production of oil and just mildly dependent...

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Autores Principales: Perry, Guillermo, Ogunkola, Olawale, Olivera, Mauricio, Fowowe, Babajide
Otros Autores: Arboleda, Oscar
Publicado: 2015
Materias:
Acceso en línea:http://hdl.handle.net/11445/366
id ir-11445-366
recordtype dspace
spelling ir-11445-3662017-06-17T18:10:53Z Oil and Institutions Tale of two cities: Nigeria and Colombia Perry, Guillermo Ogunkola, Olawale Olivera, Mauricio Fowowe, Babajide Arboleda, Oscar Contreras, Diana Oviedo, Yanira Maldición de los Recursos Naturales Instituciones Colombia Nigeria Regalías Producción de Hidrocarburos Boom de Precios Natural Resource Curse Institutions Royalties Oil Production Price Booms "Nigeria is a low income oil dependent country. It had an income per capita of US $2.162 in 2008 and an oil production of 2.09 million barrels per day, representing 37.1% of its GDP. In contrast, Colombia is a middle income country with a more modest production of oil and just mildly dependent on this resource. It had an income per capita of US $8.205 in 2008 and an oil production of 0.6 million barrels per day, representing just 4.9 % of GDP. The objective of this paper is to compare the macroeconomic and regional effects of oil abundance (or ependence) in these two countries and how they have managed it (both in terms of sectorial and macroeconomic policies and institutions), in order to derive policy recommendations for them, as well as for other oil abundant countries." L71 Q32 Q34 Q38 2015-12-10T13:00:14Z 2016-01-21T02:41:30Z 2017-04-18T22:00:30Z 2017-06-17T18:10:53Z 2015-12-10T13:00:14Z 2016-01-21T02:41:30Z 2017-04-18T22:00:30Z 2017-06-17T18:10:53Z 2010-05 http://hdl.handle.net/11445/366 application/pdf
institution Fedesarrollo
collection DSpace
topic Maldición de los Recursos Naturales
Instituciones
Colombia
Nigeria
Regalías
Producción de Hidrocarburos
Boom de Precios
Natural Resource Curse
Institutions
Royalties
Oil Production
Price Booms
spellingShingle Maldición de los Recursos Naturales
Instituciones
Colombia
Nigeria
Regalías
Producción de Hidrocarburos
Boom de Precios
Natural Resource Curse
Institutions
Royalties
Oil Production
Price Booms
Perry, Guillermo
Ogunkola, Olawale
Olivera, Mauricio
Fowowe, Babajide
Oil and Institutions Tale of two cities: Nigeria and Colombia
description "Nigeria is a low income oil dependent country. It had an income per capita of US $2.162 in 2008 and an oil production of 2.09 million barrels per day, representing 37.1% of its GDP. In contrast, Colombia is a middle income country with a more modest production of oil and just mildly dependent on this resource. It had an income per capita of US $8.205 in 2008 and an oil production of 0.6 million barrels per day, representing just 4.9 % of GDP. The objective of this paper is to compare the macroeconomic and regional effects of oil abundance (or ependence) in these two countries and how they have managed it (both in terms of sectorial and macroeconomic policies and institutions), in order to derive policy recommendations for them, as well as for other oil abundant countries."
author2 Arboleda, Oscar
author_facet Arboleda, Oscar
Perry, Guillermo
Ogunkola, Olawale
Olivera, Mauricio
Fowowe, Babajide
author Perry, Guillermo
Ogunkola, Olawale
Olivera, Mauricio
Fowowe, Babajide
author_sort Perry, Guillermo
title Oil and Institutions Tale of two cities: Nigeria and Colombia
title_short Oil and Institutions Tale of two cities: Nigeria and Colombia
title_full Oil and Institutions Tale of two cities: Nigeria and Colombia
title_fullStr Oil and Institutions Tale of two cities: Nigeria and Colombia
title_full_unstemmed Oil and Institutions Tale of two cities: Nigeria and Colombia
title_sort oil and institutions tale of two cities: nigeria and colombia
publishDate 2015
url http://hdl.handle.net/11445/366
_version_ 1626720163278618624
score 10,696028