Fiscal Fitness - How Taxes at Home Help
Fiscal Fitness – How Taxes at Home Help Determine Competitiveness Abroad
This report explores the ways in which the competitive environment has changed with the widespread emergence of national oil companies (NOCs) in their home countries in the 1970s and the acceleration of competition from INOCs (NOCs operating outside their home territories) in the mid-1990s. Greater accessibility of technology and operating capabilities, access to capital, drivers that go beyond financial returns and degrees of political support have all contributed to increased competition.
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