Download or read book The Effects of Income Tax Royalty Reforms and Relative Price Changes on Potential Copper zinc Projects in Manitoba written by Robin Gilbert Bagnall and published by . This book was released on 1979 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The investment climate for copper-zinc projects in Manitoba worsened as a result of four distinct factors during the period from 1969 to 1977. These were: income tax reforms which led to increased federal and provincial tax assessments; a new provincial royalty act which resulted in increased royalty assessments for a profitable project; a jump in the annual rate of increase in capital and operating costs (inflation); and finally, copper and zinc price increases which failed to keep pace with the cost increases reflecting relatively long run changes in factors affecting world supply and demand. This study evaluates the effect of these factors on potential copper-zinc projects in the province. The analysis is undertaken using a computer model designed to calculate the optimum size of a project which would develop a given mineral deposit. The study shows that the private value of potential copper-zinc projects has declined by about 90 percent since 1969. Nearly two-thirds of this decline is attributed to increased tax and royalty assessments with the remainder a consequence of relatively depressed metal prices and inflation. The study also shows that from the province's point of view the income tax and royalty reforms have had some beneficial effects. In particular the new legislation has reduced the optimum private rate of ore extraction for a viable project closer to the socially optimum rate, resulting in an increase in overall benefits. The legislation is deficient where marginal projects are concerned in that a project will be unprofitable for a private firm even though it could generate some social benefits. Changes to the income tax legislation which would help alleviate this problem would be to allow preproduction development costs to be recovered immediately from a firm's income and include social capital costs in the earned depletion bank. The royalty legislation could be improved by changing the fixing processing allowance to an investment allowance based on the undepreciated balance of total assets, increasing the rate at which investment could be recovered, and allowing losses to be carried forward. An unexpected deficiency in the existing royalty legislation in Manitoba is that it is not very effective in adjusting for inflation. Either more adequate indexing is needed or the two royalty rates should be replaced by a single rate. The study concludes that the worst feature of the reforms appears to be their timing. They were introduced when economic conditions were beginning to worsen, making the overall turn-down in the investment climate worse than it needed to be.
Download or read book Canadian Theses written by National Library of Canada and published by . This book was released on 1976 with total page 1058 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mineral Commodity Summaries 2020 written by Government Publishing Office and published by . This book was released on 2020-05-30 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mineral Commodity Summaries 2019
Download or read book Copper technology competitiveness written by and published by DIANE Publishing. This book was released on 1988 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book World Investment Report 2019 written by United Nations Publications and published by . This book was released on 2019-08-16 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report focuses on special economic zones (SEZs) which are widely used across most developing and many developed economies. It explores the place of SEZs in today's global investment landscape and provides guidance for policymakers on how to make SEZs work for sustainable development. It presents international investment trends and prospects at global, regional and national levels, as well as the evolution of international production and global value chains. It analyses the latest developments in new policy measures for investment promotion, facilitation and regulation around the world.
Download or read book Mongolia s Economic Prospects written by Matthias Helble and published by Asian Development Bank. This book was released on 2020-06-01 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication examines Mongolia’s recent economic development and outlines reforms that would help the country take advantage of its many opportunities. Mongolia is rich in natural resources and, although landlocked, is well-placed to boost trade with its two giant neighbors. The country needs to diversify its economy beyond mining, enhance economic stability, and increase employment. To maximize Mongolia’s potential the government can improve macroeconomic management, enhance the skill base, and provide hard and soft infrastructure to promote trade and efficient logistics. Governance and institutional reforms are also crucial. The government will need to continue to drive reforms so that they are well implemented and deliver the intended change.
Download or read book Copper Technology Competitiveness written by and published by . This book was released on 1988 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mining in Africa written by Bonnie Campbell and published by IDRC. This book was released on 2009-06-15 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: The continent of Africa is rich in minerals needed by Western economies, but rather than forming the basis for economic growth the mining industry contributes very little to African development Investigating the impact of the 2003 Extractive Industries Review on a number of African countries, the contributors find the root of the problem in the controls imposed on the African countries by the IMF and World Bank. They aim to convince academics, governments and industry that regulation needs to be reformed to create a mining industry favourable towards social, economic and environmental development. The book takes a multidisciplinary approach and provides a historical perspective of each country, making it ideal for students of development studies and development organizations.
Download or read book Escaping the Resource Curse written by Macartan Humphreys and published by Columbia University Press. This book was released on 2007-05-22 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: The wealth derived from natural resources can have a tremendous impact on the economics and politics of producing countries. In the last quarter century, we have seen the surprising and sobering consequences of this wealth, producing what is now known as the "resource curse." Countries with large endowments of natural resources, such as oil and gas, often do worse than their poorer neighbors. Their resource wealth frequently leads to lower growth rates, greater volatility, more corruption, and, in extreme cases, devastating civil wars. In this volume, leading economists, lawyers, and political scientists address the fundamental channels generated by this wealth and examine the major decisions a country must make when faced with an abundance of a natural resource. They identify such problems as asymmetric bargaining power, limited access to information, the failure to engage in long-term planning, weak institutional structures, and missing mechanisms of accountability. They also provide a series of solutions, including recommendations for contracting with oil companies and allocating revenue; guidelines for negotiators; models for optimal auctions; and strategies to strengthen state-society linkages and public accountability. The contributors show that solutions to the resource curse do exist; yet, institutional innovations are necessary to align the incentives of key domestic and international actors, and this requires fundamental political changes and much greater levels of transparency than currently exist. It is becoming increasingly clear that past policies have not provided the benefits they promised. Escaping the Resource Curse lays out a path for radically improving the management of the world's natural resources.
Download or read book South Africa written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2015-09-08 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Technical Assistance report reviews South Africa’s tax system and also examines the fiscal regime with a view to generating a sustainable revenue contribution from mining and petroleum in future. Mining has historically been the mainstay of the South African economy. Mineral exports remain the principal contributor to foreign exchange earnings on the current account. South Africa is not yet a significant producer of crude oil or natural gas. Oil and gas exploration nevertheless shows promise. Taxation is far from top of the list in current challenges facing the development of extractive industries in South Africa. The national goal of economic and social transformation in favor of Historically Disadvantaged South Africans has major impact on the mining sector.
Download or read book Australian Minerals and Energy Policy written by Susan Bambrick and published by . This book was released on 1979 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade Aid and Security written by Oli Brown and published by Routledge. This book was released on 2012-04-27 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'A compelling contribution to our evolving understanding of the links between trade, aid and security and what the international community needs to do to ensure peace and development in the world.' Achim Steiner, Executive Director, United Nations Environment Programme 'For far too long the international community ahs stood by while countries around the world descend into conflict and anarchy. We need to understand how we can engage more effectively with fragile and failing states. Trade, Aid and Security is an important step in this direction.' Jan Pronk, Special Representative of the UN General Secretary in Sudan and Former Minister of Development and the Environment, The Netherlands. 'As we begin to contemplate what the post-Iraq world will look like it is vital that we reflect on the limits of the utility of hard power and the importance that development can play in avoiding failed states before they fail, preventing conflicts and more successfully re-building states. This timely book makes a most important contribution to that process.' Lord Paddy Ashdown, UN High Representative for Boznia and Herzegovina, 2002 2006 Leader of UK Liberal Democrat Party, 1988 1999 'As UN Special Representative to the Great Lakes Region of Africa I have seen the devastating impact of the trade in conflict resources with my own eyes. Amongst much else, this book shows how different trade and aid politics can tackle the trade in conflict resources and make a real contribution to secure societies. It is essential reading.' Mohamed Sahnoun, Special Representative of the UN Secretary General in Central and East Africa. Iraq, Afghanistan, Darfur. All resonate loudly on the international stage, exposing and illustrating the intractable links between global security, control over naturals resources be it oil, water, timber or 'conflict diamonds' and the manipulation of foreign aid and international trade policy. This volume, written by leading authorities from across the globe, introduces the linkages between trade, aid and security, and exposes how inappropriate or misused trade and aid policy can and do undermine security and contribute to violence and the disintegration of national states. On a practical level they demonstrate how six key areas of trade and aid policy can be used to help forge stability and security, reduce the likelihood of armed conflict, and assist economic and political recovery in our war-torn world.
Download or read book African Mining 91 written by Institution of Mining and Metallurgy and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second 'African Mining' conference is planned for June 1991, and follows the first, very successful, event held in May 1987. That full four-year period was characterized by substantial changes in the political and economic climate of many countries in both hemispheres. Copper prices were relatively firm, and the advance and steady demand for nickel and ferrochromium stabilized important sectors of the mineral industry, certainly in Zimbabwe. The promise for gold remained unfulfilled, but the smaller, relatively flexible, mines survived and only the large, deep and low-value mines seem seriously at risk. None of this has affected the hungry, and intensive exploitations from surface to the water-table have revealed many targets of promise to those willing to take the risks. The pattern in Southern Africa was extraordinarily stable among the turmoil, with independence for Namibia, adjustments in South Africa and a gradual shift to market economies in the region. The pace of exploration has increased to recover some part of the progress that was lost in the Independence struggle, and atthe end of the first decade in Zimbabwe, for example, oil is being sought in the Zambesi Rift, following the investigation of the Luangwa in Zambia, and there are exciting exploration projects for methane released from coal, deep in its basins.
Download or read book 2004 Survey of Energy Resources written by Judy Trinnaman and published by Elsevier. This book was released on 2004-09-23 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: * Clear and concise, information is analysed and presented in both a resource-by-resource and country-by-country approach * Comprehensive, the outlook for seventeen energy resources including all major fossil and renewable resources is evaluated* Free CD-Rom will help electronic navigation of this comprehensive resource The Survey of Energy Resources (SER) is a unique and authoritative publication produced by the World Energy Council every three years, since 1934. SER presents a comprehensive global picture of resource availability, production and consumption levels, technological developments and outlook for seventeen energy resources, including all major fossil and renewable resources. Each resource is covered in a separate chapter which comprises a commentary by a leading expert in the field, data tables and country notes. The information contained is the best available from a wide variety of sources. The SER is published every three years in line with WEC’s work cycle, culminating in publication at the World Energy Congress. The 20th edition of SER will be published at the time of the 19th World Energy Congress (Sydney, September 2004). * Provides global and country specific comprehensive information and data* Provides authoritative information in a compact and user-friendly format * Best available data from a wide variety of sources
Download or read book The Provinces and Canadian Foreign Trade Policy written by Christopher J. Kukucha and published by UBC Press. This book was released on 2009-07-01 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past thirty years, international trade agreements have focused increasingly on areas of provincial jurisdiction. In The Provinces and Canadian Foreign Trade Policy, Kukucha argues that Canadian provinces have maintained a level of autonomy in response to these developments, sometimes even influencing Canada's global trade relations and the evolution of international norms and standards. The first comprehensive review of provincial foreign trade policy in Canada, the book highlights the convergence of debates related to federalism, Canadian foreign policy, and the global political economy as they are played out in the negotiation and implementation of international trade agreements. It will be of interest to students and practitioners of political science, public policy, and economics.
Download or read book World Mineral Statistics written by and published by . This book was released on 1993 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mineral Commodity Summaries 2017 written by Government Publishing Office and published by U.S. Government Printing Office. This book was released on 2017-03-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This illustrated report is published annually to furnish estimates covering nonfuel mineral industry data. Data sheets contain information on the domestic industry structure, Government programs, tariffs, and 5-year salient statistics for more than 90 individual minerals and materials. Each chapter includes information on events, trends, and issues for each mineral commodity, as well as discussions and tabular presentations on domestic industry structure. Maps, charts, presentations, tables, and graphs are included throughout this text. Geoscientists, petroleum engineers, global community traders, construction industry engineering executives soil scientists, miners, economists, trade brokers specializing in mineral commodities and imports/exports, mineral manufacturers, statistical professionals, and American citizens may be interested in this updated historical reference. Students pursuing coursework for a Bachelor of Science or advanced degree in environmental science, geosciences, or geology may be interested in this volume for research. It is highly recommended that academic libraries with geology and mining engineering programs, special libraries within these fields, and public libraries place an updated annual copy of this primary source work in their business/economic and reference collections. Related collections: Minerals & Metals resources collection is available here: https://bookstore.gpo.gov/catalog/minerals-metals Environmental Protection & Conservation collection can be found here: https://bookstore.gpo.gov/catalog/environmental-protection-conservation Engineering: https://bookstore.gpo.gov/catalog/engineering Economic Indicators: https://bookstore.gpo.gov/catalog/economic-indicators
