Generating Public Sector Resources to Finance Sustainable Development : Revenue and Incentive Effects

The paper discusses how developing countries can generate some of the resources they need for sustainable development. Developing country government already spend significant amounts of resources on a variety of activities, but the evidence suggests that sometimes, there is substantial scope for them to generate additional resources, and most importantly perhaps, to free substantial amounts of resources which are currently being used inefficiently. The paper attempts at setting the scope on the magnitude of resources that might be generated, or freed by a variety of public sector actions. It begins by examining the potential to reform existing policies which are not only costly, but often unsustainable, and environmentally damaging. Then, it reviews means for generating new financial flows, capturing greater share of rents from natural resources, and instituting "green" levies. Lessons suggest as a potential source of additional revenues, the reform of subsidies, making sub-sectors financially sustainable, reforms which in turn reduce environmental damage, but considering reform policies that would not inadvertently harm the poor. This requires political will, good governance, capacity building, and investment.

Bibliographic Details

Main Authors:	Pagiola, Stefano, Martin-Hurtado, Roberto, Shyamsundar, Priya, Mani, Muthukumara, Silva, Patricia
Format:	Publication biblioteca
Language:	English en_US
Published:	Washington, DC: World Bank 2002
Subjects:	ENVIRONMENTALLY DAMAGING SUBSIDIES, ENVIRONMENTALLY SUSTAINABLE DEVELOPMENT, PUBLIC RESOURCES, PUBLIC SPENDING, REVENUE MOBILIZATION, INCENTIVES, REFORM POLICY, FINANCIAL FLOWS, NATURAL RESOURCE MANAGEMENT, SHARED NATURAL RESOURCES, POVERTY REDUCTION, POLITICAL POWER, GOVERNANCE APPROACH, CAPACITY BUILDING, INVESTMENT POLICY AGRICULTURE, BENCHMARK, BIODIVERSITY CONSERVATION, CARBON, CARBON DIOXIDE, CARBON TAXES, CLEAN DEVELOPMENT MECHANISM, CLEAN WATER, COAL, COAL PRICES, CONSUMERS, CONTINGENT VALUATION, CONTINGENT VALUATION METHOD, DEBT, DEVELOPED COUNTRIES, DEVELOPMENT ASSISTANCE, EARTH SUMMIT, ECOLOGY, ELECTRICITY, ELECTRICITY GENERATION, ELECTRICITY SECTOR, END-USE, ENERGY PRODUCERS, ENERGY RESOURCES, ENERGY USE, ENVIRONMENTAL CONSERVATION, ENVIRONMENTAL COSTS, ENVIRONMENTAL DAMAGE, ENVIRONMENTAL IMPACTS, ENVIRONMENTAL PRESSURES, ENVIRONMENTAL PROTECTION, ENVIRONMENTAL TAXES, EXCHANGE RATE, FOREST MANAGEMENT, FORESTRY, FOSSIL FUELS, FUEL, FUEL OIL, GAS INDUSTRIES, GDP, GLOBAL ENVIRONMENT, GROSS DOMESTIC PRODUCT, HEAVY FUEL OIL, IMPLICIT SUBSIDIES, INCENTIVE EFFECTS, INCOME, INEFFICIENCY, INPUT USE, INTERNATIONAL ENERGY AGENCY, LEVIES, LICENSES, LOW TARIFFS, MARGINAL COST, MUNICIPAL SOLID WASTE, NATURAL GAS, NATURAL RESOURCES, OIL, OIL SECTOR, OPPORTUNITY COST, PETROLEUM GAS, PETROLEUM PRODUCTS, POLICY INSTRUMENTS, POLLUTION, PRICE ELASTICITY, PRICE ELASTICITY OF DEMAND, PRIVATE SECTOR, PRODUCERS, PUBLIC EXPENDITURE, PUBLIC EXPENDITURES, PUBLIC FINANCE, PUBLIC SECTOR, PUBLIC UTILITIES, REFORM PROGRAMS, RESOURCE USE, ROAD TRANSPORT, SAVINGS, SECURITY OF ENERGY SUPPLY, SOLID WASTE MANAGEMENT, SULPHUR DIOXIDE, SUSTAINABLE DEVELOPMENT, TAX, TAX REVENUES, TAXATION, TIMBER, TRAVEL COST METHOD, UTILITIES, VALUE ADDED, WASTE MANAGEMENT, WATER PRICES, WELFARE ECONOMICS, WELFARE LOSSES, WILLINGNESS TO PAY, WORLD ENERGY, WTP,
Online Access:	http://documents.worldbank.org/curated/en/2002/12/2130195/generating-public-sector-resources-finance-sustainable-development-revenue-incentive-effects http://hdl.handle.net/10986/15206
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