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Government fiscal strategy for mining to 2000

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  • Raj Kumar

Abstract

World Bank studies predict little or no change in mineral demand in the 1990s, and also an extended period, in real terms, of low mineral prices. In such a climate the fiscal strategy of government needs to be one which emphasizes revenue sources which are independent of mineral prices. In the 1970s, rising prices made fiscal regimes which capture economic rents attractive. In the 1990s, royalties and other duties which are dependent on the level of production and would also take advantage of any short boom in mineral prices would seem to be the best fiscal regime for a government to follow.

Suggested Citation

  • Raj Kumar, 1989. "Government fiscal strategy for mining to 2000," Natural Resources Forum, Blackwell Publishing, vol. 13(4), pages 275-284, November.
    • Handle: RePEc:wly:natres:v:13:y:1989:i:4:p:275-284
    DOI: 10.1111/j.1477-8947.1989.tb00350.x
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