Resource Royalties: Rural Investment Mechanisms in an Era of Uncertainty I

Type: Paper
Theme:
Sponsor Groups: Rural Geography Specialty Group
Poster #:
Day: 4/13/2018
Start / End Time: 3:20 PM / 5:00 PM
Room: Grand Ballroom B, Astor, 2nd Floor
Organizers: Laura Ryser
Chairs: Greg Halseth

Description

Resource dependent regions in Canada, Australia, the US, and in other industrialized regions have experienced rapid change due to forces of both political and economic restructuring over the past three decades. Studies have noted the apparent drain of resource wealth out of the rural regions from which resources have been extracted, by companies and senior levels of government, leaving little behind to maintain with which to anchor local economies and communities (Halseth et al 2014; Hogan 2012; Markey et al, 2012).
Policy and programmatic responses to these accelerating processes of change have too often only exacerbated the negative impacts of population loss and environmental degradation (Halseth, 2017). As a result, rural and small town places dependent upon resource sectors continue to struggle to find traction in a new economy marked by the vagaries of demographic, economic, social, cultural, political, and environmental change.

Against this backdrop of rural change and uncertainty, the purpose of this session is to investigate how resource royalties (and associated fiscal mechanisms) are being employed to provide a financial return to resource producing rural regions. It is our hope that the session realizes three overall objectives: first, that it advances the theoretical discussion associated with rural resource region development; second, that it provides an international survey and comparison of different resource royalty models; and third, that it helps to frame questions of resource region benefit from resource extraction, with a specific focus on royalties.


Agenda

Type Details Minutes Start Time
Presenter Fiona Haslam McKenzie*, University of Western Australia, Resource Rent Taxation in Australia: Resource royalty regimes’ contribution to the economic development of communities in resource producing regions 20 3:20 PM
Presenter Felipe Irarrázaval*, University of Manchester, Revenues decentralization and regional economic change: Natural Gas Territorialitiesin Peru and Bolivia 20 3:40 PM
Presenter Laura Ryser*, University of Northern British Columbia, Greg Halseth, University of Northern British Columbia, Sean Markey, Simon Fraser University, From Power to Fragmentation of Place: Understanding the Changing Conditions for Rural Resource Regions 20 4:00 PM
Presenter Neil Argent*, University of New England, Coal seam gas extraction and the politics of resource wealth redistribution in rural and remote Australia: beyond staples dependence and ‘Quarry Australia’? 20 4:20 PM
Discussant Julia Haggerty Montana State Univ 19 4:40 PM

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