Critical Issues for a Revenue Management Law

This chapter focuses on legal and institutional instruments that can help in the management of resource wealth. We first discuss oil accounts and ways to structure and manage them to help ensure high levels of accountability. We then address the more political question of revenue management, focusing on oversight and control mechanisms and on the roles of transparency, public governance, and integrity. Our discussion then turns to a consideration of specifically legal aspects, focusing on the integration of oil revenue management systems with the existing international obligations and concluding with a discussion of ideas on how to keep the oil revenue management law in place.

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