Analysis of Property Rights on Natural Resources: Oil Exploration in Uganda

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43310%2F17%3A43911825" target="_blank" >RIV/62156489:43310/17:43911825 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/62156489:43410/17:43911825

Výsledek na webu

<a href="https://conference.fbm.vutbr.cz/ic/index.php/ic/article/view/39" target="_blank" >https://conference.fbm.vutbr.cz/ic/index.php/ic/article/view/39</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Analysis of Property Rights on Natural Resources: Oil Exploration in Uganda

Popis výsledku v původním jazyce

Purpose of the article By the end of 2006, findings in the Lake Albert region of Uganda recommended that entire oil reserves in the block would add up to 2.5 billion barrels. This would mark the Albertine Graben one of the biggest onshore oil fields in Africa and would guarantee the potential to convert Uganda&apos;s agriculture-based economy. However, the governance of this resource faces numerous challenges. The aim of this research is to get a clear overview of these challenges considering the citizen perspective, since they are affected by the process of oil exploitation. Methodology/methods A mixture of mutual quantitative and qualitative procedures was used. A sample of n=70 respondents was studied using structured questionnaires, our data was subjected to Excel analysis. Scientific aim To explore, describe as well as obtaining the perceptions of selected Ugandans about oil discovery, exploitation and major challenges facing the sector. Findings There was found that Lack of government commitment on clear policies 29 %, corruption 56 %, 3 % environmental liabilities, absence of clear land rights, Political insecurity 3 %, limited planning 6 %. Other findings show that Uganda is witnessing a violation of communities&apos; land rights in the Albertine oil region. Conclusions Land rights like any other property rights in the country are out of order and hence limiting efficiency in business in terms of transferability, enforceability and exclusivity. The government of Uganda needs to handle the matter not only with urgency but also be more rational in this regard.

Název v anglickém jazyce

Analysis of Property Rights on Natural Resources: Oil Exploration in Uganda

Popis výsledku anglicky

Purpose of the article By the end of 2006, findings in the Lake Albert region of Uganda recommended that entire oil reserves in the block would add up to 2.5 billion barrels. This would mark the Albertine Graben one of the biggest onshore oil fields in Africa and would guarantee the potential to convert Uganda&apos;s agriculture-based economy. However, the governance of this resource faces numerous challenges. The aim of this research is to get a clear overview of these challenges considering the citizen perspective, since they are affected by the process of oil exploitation. Methodology/methods A mixture of mutual quantitative and qualitative procedures was used. A sample of n=70 respondents was studied using structured questionnaires, our data was subjected to Excel analysis. Scientific aim To explore, describe as well as obtaining the perceptions of selected Ugandans about oil discovery, exploitation and major challenges facing the sector. Findings There was found that Lack of government commitment on clear policies 29 %, corruption 56 %, 3 % environmental liabilities, absence of clear land rights, Political insecurity 3 %, limited planning 6 %. Other findings show that Uganda is witnessing a violation of communities&apos; land rights in the Albertine oil region. Conclusions Land rights like any other property rights in the country are out of order and hence limiting efficiency in business in terms of transferability, enforceability and exclusivity. The government of Uganda needs to handle the matter not only with urgency but also be more rational in this regard.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50501 - Law

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2017

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Perspectives of business and entrepreneurship development in digital age: Proceeding of selected papers

ISBN

978-80-214-5532-0

ISSN

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e-ISSN

neuvedeno

Počet stran výsledku

8

Strana od-do

15-22

Název nakladatele

Vysoké učení technické v Brně

Místo vydání

Brno

Místo konání akce

Brno

Datum konání akce

20. 9. 2017

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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