Political Economy of North Sea Oil

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  • Name Government intervention exc legislation & regulation
  • Name Taxation inc customs, excise, stamp duties, etc: imposition & impact

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About the economic benefit of North Sea oil accruing to the UK Treasury via royalties and tax and issues arising out of this. Its sections include: importance of oil to the economy; government policy towards oil; extent of reserves and likely production; nature of industrial activities in North Sea and on land; economic benefit accruing to Scotland and the political-economic significance of this