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Center for Energy Studies

Latin America Initiative

The Political Economy of Oil Taxation in Latin America: Policy Volatility and Untapped Potential

Francisco J. Monaldi

The Political Economy of Oil Taxation in Latin America: Policy Volatility and Untapped Potential.

Latin America has been characterized by variation in how each country approaches oil taxation. Structural factors, such as characteristics of the oil sector, geology, and price and investment cycles, contribute to these differences, writes Latin American energy fellow Francisco Monaldi in a chapter in "The Political Economy of Oil Taxation in Latin America."  The book is available at Cambridge University Press