Resource rents redistribution and halving global poverty: the resource dividend

Working paper

This paper by Paul Segal considers the proposal that each country distribute its resource rents directly to citizens as a cash transfer or Resource Dividend and estimates its potential impact on global poverty. If every developing country implemented the policy then the number of people living below the World Bank’s $1-a-day global poverty line would be halved. Further potential benefits of the policy and a range of administrative and political challenges are discussed.

Authors: Segal, P

• Publication status: Published
• Peer review status: Reviewed (other)
• Publisher: Oxford Institute for Energy Studies
• Series: OIES Paper
• Publication date: 2009-01-01
• Edition: Publisher's version
• Paper number: SP22
• ISBN: 9781901795912
• Language: English
• Keywords: OIES; fiscal system; tax; Resource rent; resource wealth; SP 22; World Bank; mineral rights; resource curse; poverty line; global poverty; SP22