Management of pre-salt oil royalties: Wealth or poverty for Brazilian coastal zones as a result?

摘要: Brazil is the largest country in South America terms of both area (8,515,767,049 km 2 ) and population (203,912,619 inhabitants). Over last decade, it has also become one world's fastest-growing economies; today, seventh economy plays a substantial role international oil gas production market. The recent discovery huge amount petroleum oceanic pre-salt layer can position as fourth producer by 2030. As result, facing challenge finding non-predatory development strategy for sector, especially that will protect coastal environments local communities. Brazilian system royalties, initially thought to counteract negative impacts, encountered social governmental disapproval, subjected communities affected findings consider- able uncertainty increased disputes over fairness returns from use this resource. Both national experiences have shown when mismanaged, royalties create an heavily dependent on oil, often lead fiscal inefficiency corruption. These effects happen because government ownership resources alone does not guarantee economic or higher quality life people; part generally group harmed activities. key defining implementation management frameworks efficient utilization resources. industry should account fact these activities are predominantly carried out zone, region whose ecological relevance was recognized Constitution 1988, which gave status heritage site. This study discusses practices royalty compares them legal, economical aspects. We provide historical summary Brazil, advocating responsible includes obligatory compensation environmental impacts zones.