In 2009, commercially exploitable reserves of oil were found in the Albertine Lakes Basin in Uganda. Along with a number of new oil exporters, Uganda now faces the challenge of using the new resources to advance its development agenda, while avoiding the corrosive effects oil often has on...

Oil and other mineral rents are, in most countries, owned by producing states on behalf of their citizens. The paper focuses on three questions. First, how should countries take into account the great uncertainty over future export prices in planning their spending programs? Second, how should...

Cash transfers are often a good way for developing countries to address economic and social problems. They are less expensive than directly providing goods and services and allow recipients the flexibility to spend on what they need the most, but for many developing countries, the technical...