Reposted by Juan Pablo Rud
🆕 How Peru transformed natural resource wealth into local economic development
Today on VoxDev, Antonella Bancalari (Institute for Fiscal Studies) & Juan Pablo Rud (Royal Holloway, University of London) outline their research on Peru: voxdev.org/topic/energy...
voxdev.org
How Peru transformed natural resource wealth into local economic development
Peru’s experience, where transfers to local governments were funded by natural resource tax revenues and had a host of economic benefits in non-extractive areas, highlights the importance of fiscal re...