Oxford Centre for the Analysis of Resource-Rich Economies (OxCarre) was established in October 2007 with a generous donation from BP, to become a global centre of excellence to analyse the economics of resource rich countries. The Centre conducts original and objective research to improve understanding of the performance of resource rich economies, and to inform policy design to enhance this performance. It also acts as the core of a global network of researchers in this area. It brings together existing Oxford expertise in theoretical and empirical economics and applies this to the issues facing resource-rich economies.