Mineral Resources and Development

37 items available

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This series aggregates and presents the World Bank`s knowledge on oil, gas, and mining in an accessible format. It is meant to assist knowledge sharing and trigger policy dialogue on topics relevant to managing natural resource wealth sustainably and responsibly. The series is produced by the Extractive Industries Unit of the World Bank. The unit serves as a global technical adviser that supports sustainable development by building capacity and providing extractive industry sector-related advisory services to resource-rich developing countries.

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    Changes in CO2 Emissions from Energy Use : A Multicountry Decomposition Analysis
    (World Bank, Washington, DC, 2009-10) Kojima, Masami ; Bacon, Robert
    The continued growth of global emissions of carbon dioxide (CO2) and their likely adverse effects on global warming are focusing debate on the contribution of various countries to total emissions and the comparability of efforts across countries in mitigating these emissions. This paper examines recent trends in CO2 emissions across countries at different levels of development and asks what has been contributing to the growth of emissions as well as to their moderation. The paper applies a decomposition analysis, an accounting methodology based on a log mean Divisia index, to analyze the change in CO2 emissions over a decade.
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    Vulnerability to Oil Price Increases : A Decomposition Analysis of 161 Countries
    (World Bank, Washington, DC, 2008-08) Bacon, Robert ; Kojima, Masami
    This paper examines the levels of and changes in vulnerability to oil price increases between 1996 and 2006 in 161 countries for which data are available. Vulnerability defined here as the ratio of the value of net oil imports to gross domestic product (GDP) rises if oil consumption increases and oil production decreases per unit of GDP. By comparing the level of vulnerability of different economies at a point in time, those that are particularly vulnerable to oil price increases can be highlighted. This enables consideration of the factors (variables) that help determine the magnitude of vulnerability. Over time economies change in ways that may make them more vulnerable to oil price increases or less so, and the change in vulnerability will be related to changes in the underlying variables. The analysis this paper uses is a starting point for linking these factors. The study also examined changes in vulnerability by subdividing the period under review into two sub-periods, 1996-2001 and 2001-6. The oil price increase during the first sub-period was small, and correspondingly the change in vulnerability was also limited. The change in vulnerability was greater during the second sub-period, which saw a 2.5-fold price increase in nominal U.S. dollars. This paper highlights the role of changes in the oil share of energy and of energy intensity, both of which can be influenced by government policies, and also by oil production, which, even though it is largely a function of geology, can also be affected by a country's upstream fiscal, contractual, and regulatory frameworks.