Does Mother Nature Corrupt? Natural Resources, Corruption, and Economic Growth

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451850735
Total Pages : 35 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Does Mother Nature Corrupt? Natural Resources, Corruption, and Economic Growth by : Mr.Carlos Leite

Download or read book Does Mother Nature Corrupt? Natural Resources, Corruption, and Economic Growth written by Mr.Carlos Leite and published by International Monetary Fund. This book was released on 1999-07-01 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper argues that natural resource abundance creates opportunities for rent-seeking behavior and is an important factor in determining a country’s level of corruption. In a simple growth model, we illustrate the interrelationships between natural resources, corruption, and economic growth, and discuss potential anti-corruption policies. We show that the extent of corruption depends on natural resource abundance, government policies, and the concentration of bureaucratic power. Furthermore, the growth effects of natural resource discoveries and anticorruption policies crucially depend on the economy’s state of development. We empirically corroborate the model’s implications in a cross-country framework with both corruption and growth endogenized.

Natural Resources, Democracy and Corruption

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Publisher :
ISBN 13 : 9780734040138
Total Pages : 35 pages
Book Rating : 4.0/5 (41 download)

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Book Synopsis Natural Resources, Democracy and Corruption by : Sambit Bhattacharyya

Download or read book Natural Resources, Democracy and Corruption written by Sambit Bhattacharyya and published by . This book was released on 2008 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study how natural resources can feed corruption and how this effect depends on the quality of the democratic institutions. Our game-theoretic model predicts that natural resources lead to an increase in corruption if the quality of the democratic institutions is relatively poor, but not otherwise. We use panel data covering the period 1980 to 2004 and 99 countries to test this theoretical prediction. Our estimates confirm that the relationship between resource abundance and corruption depends on the quality of the democratic institutions. In particular, resource abundance is positively associated with corruption only in countries that have endured a nondemocratic regime for more than 60 percent of the years since 1956. Our main results hold when we control for the effects of income, time varying common shocks, regional fixed effects and various additional covariates. They are also robust to various alternative measures of natural resources, corruption and the quality of the democratic institutions. These findings imply that democratization can be a powerful tool to reduce corruption in resource-rich countries.

Corruption, Natural Resources and Development

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1785361201
Total Pages : 191 pages
Book Rating : 4.7/5 (853 download)

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Book Synopsis Corruption, Natural Resources and Development by : Aled Williams

Download or read book Corruption, Natural Resources and Development written by Aled Williams and published by Edward Elgar Publishing. This book was released on 2017-01-27 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a fresh and extensive discussion of corruption issues in natural resources sectors. Reflecting on recent debates in corruption research and revisiting resource curse challenges in light of political ecology approaches, this volume provides a series of nuanced and policy-relevant case studies analyzing patterns of corruption around natural resources and options to reach anti-corruption goals. The potential for new variations of the resource curse in the forest and urban land sectors and the effectiveness of anti-corruption policies in resource sectors are considered in depth. Corruption in oil, gas, mining, fisheries, biofuel, wildlife, forestry and urban land are all covered, and potential solutions discussed.

Corruption, Economic Growth and Globalization

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Publisher : Routledge
ISBN 13 : 1317691628
Total Pages : 317 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis Corruption, Economic Growth and Globalization by : Aurora A.C. Teixeira

Download or read book Corruption, Economic Growth and Globalization written by Aurora A.C. Teixeira and published by Routledge. This book was released on 2015-08-14 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption is increasingly placed on top of the agenda of national governments and supra national institutions, such as the OECD, UN or the World Bank. A necessary condition for promoting sustainable economic growth is the pre-existence of a stable political system which is able to control corruption. Corruption, however, is a very complex issue, associated with institutional and cultural specificities, personality traits related to individualistic values, and criminal personalities. In this book the social, political and economic realities that prevail in particular settings are viewed from an interdisciplinary, multidimensional, and a multi country perspective. This book is divided into three parts. The first part presents a comprehensive, theoretical and empirical framework of corruption with an overview of literature on economic growth and corruption. Part two, encompasses the in-depth analysis of several countries, ranging from middle corrupted contexts like Portugal, to highly corrupted countries including Serbia, Russia, Thailand and China- the latter viewed from the perspective of firms from a very low corruption country such as Finland. The final part explores the prevention and control of corruption, looking at the public sector in Thailand and fighting corruption with different strategies. This volume is of the interest of those who study international economics, development economics or organised crime.

Natural Resources and Economic Growth

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Publisher : Routledge
ISBN 13 : 1317669193
Total Pages : 395 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis Natural Resources and Economic Growth by : Marc Badia-Miró

Download or read book Natural Resources and Economic Growth written by Marc Badia-Miró and published by Routledge. This book was released on 2015-05-22 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relationship between natural capital and economic growth is an open debate in the field of economic development. Is an abundance of natural resources a blessing or a curse for economic performance? The field of Economic History offers an excellent vantage to explore the relevance of institutions, technical progress and supply-demand drivers. Natural Resources and Economic Growth contains theoretical and empirical articles by leading scholars who have studied this subject in different historical periods from the 19th century to the present day and in different parts of the world. Part I presents the theoretical issues and discusses the meaning of the "curse" and the relevance of the historical perspective. Part II captures the diversity of experiences, presenting thirteen independent case studies based on historical results from North and South America, Africa, Asia, Oceania and Europe. This book emphasizes that an abundance of natural resources is not a fixed situation. It is a process that reacts to changes in the structure of commodity prices and factor endowments, and progress requires capital, labour, technical change and appropriate institutional arrangements. This abundance is not a given, but is part of the evolution of the economic system. History shows that institutional quality is the key factor to deal with abundant natural resources and, especially, with the rents derived from their use and exploitation. This wide ranging volume will be of great relevance to all those with an interest in economic history, development, economic growth, natural resources, world history and institutional economics.

Natural Resources and Economic Development

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Publisher : Cambridge University Press
ISBN 13 : 9780521706513
Total Pages : 438 pages
Book Rating : 4.7/5 (65 download)

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Book Synopsis Natural Resources and Economic Development by : Edward Barbier

Download or read book Natural Resources and Economic Development written by Edward Barbier and published by Cambridge University Press. This book was released on 2005 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive analysis of natural resource use and economic development in poor countries, first published in 2005.

The Curse of Natural Resources

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Publisher : Springer
ISBN 13 : 1137587237
Total Pages : 250 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis The Curse of Natural Resources by : Sevil Acar

Download or read book The Curse of Natural Resources written by Sevil Acar and published by Springer. This book was released on 2017-02-20 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the paradox that resource-rich countries often struggle to manage their resources in a way that will help their economies thrive. It looks at how a country's political regime and quality of governance can determine the degree to which it benefits - or suffers - from having natural resources, shifting away from the traditional focus on economic growth data to study the complex implications of these resources for human well-being and sustainable development. To this end, Acar examines a panel of countries in terms of the effects of their natural resources on human development and genuine saving, which is a sustainability indicator that takes into account the welfare of future generations by incorporating the changes in different kinds of capital. Acar finds that the exportation of agricultural raw materials is associated with significant deterioration in human development, while extractive resource exports, such as energy and minerals, have negative implications for genuine savings. Next, the book compares the development path of Norway before and after discovering oil, contrasting it with Sweden's development. The two countries, which followed almost identical paths until the 1970s, diverged significantly in terms of per capita income after Norway found oil.

Economic Policy Options for a Prosperous Nigeria

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Publisher : Springer
ISBN 13 : 0230583199
Total Pages : 447 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis Economic Policy Options for a Prosperous Nigeria by : P. Collier

Download or read book Economic Policy Options for a Prosperous Nigeria written by P. Collier and published by Springer. This book was released on 2008-04-24 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demonstrates that there is sufficient evidence on the Nigerian economy and society to inform many policy issues, and reveals the current problems and policy options that a democratic Nigeria will need to debate and resolve. It presents an agenda of reform as unfinished business.

Energy, Wealth and Governance in the Caucasus and Central Asia

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Author :
Publisher : Routledge
ISBN 13 : 1134194153
Total Pages : 305 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis Energy, Wealth and Governance in the Caucasus and Central Asia by : Richard Auty

Download or read book Energy, Wealth and Governance in the Caucasus and Central Asia written by Richard Auty and published by Routledge. This book was released on 2006-08-21 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing upon recent progress in development economics and political science, the book provides fresh analysis of the Caucasus and Central Asia (CCA) countries transition to a market economy by tracing the impact of natural resource endowment. The book examines the synergies between energy-rich and energy-poor states and highlights the practical consequences of both well-managed and poorly-managed deployment of energy. Featuring contributions from prominent specialists on resource-driven economies, the book argues that unless CCA elites change the way in which they deploy natural resource, revenues regional development will fall short of its potential with possible disastrous consequences. The contributors apply the experience of the developing market economies to demonstrate that the region still holds considerable potential to become an important, stable supplier of raw materials and a source of industrial demand to the global economy. However, the CCA is equally likely to become a threat to the global economy as a consequence of the misuse of energy revenues to promote the interests of predatory political elites.

Trade Logistics in Landlocked and Resource Cursed Asian Countries

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Author :
Publisher : Springer
ISBN 13 : 9811368147
Total Pages : 235 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis Trade Logistics in Landlocked and Resource Cursed Asian Countries by : Kankesu Jayanthakumaran

Download or read book Trade Logistics in Landlocked and Resource Cursed Asian Countries written by Kankesu Jayanthakumaran and published by Springer. This book was released on 2019-05-16 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on strategies to achieve economic diversification in Asian landlocked countries. It does so by analysing the impact of the Dutch disease, non-resource firm heterogeneity, trade logistics operations, trade facilitation, aid for trade, small and medium-sized enterprises, and foreign direct investment. Offering a wide range of expert views and opinions, research findings, information and data, the book will be of value to policy makers and students of trade and development economics.

Issues in Positive Political Economy

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Publisher : Routledge
ISBN 13 : 1134511035
Total Pages : 148 pages
Book Rating : 4.1/5 (345 download)

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Book Synopsis Issues in Positive Political Economy by : Syed Mansoob Murshed

Download or read book Issues in Positive Political Economy written by Syed Mansoob Murshed and published by Routledge. This book was released on 2002-05-09 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political economy - the original name for economics in its entirety - has in recent years witnessed a semantic broadening to include some of the preoccupations of classical economics. This intriguing collection of contributed work is concerned mainly with developments in the neo-classical tradition and examines the role played by rational choice in

Future People

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Publisher : OUP Oxford
ISBN 13 : 0191536032
Total Pages : 396 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis Future People by : Tim Mulgan

Download or read book Future People written by Tim Mulgan and published by OUP Oxford. This book was released on 2006-01-05 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: What do we owe to our descendants? How do we balance their needs against our own? Tim Mulgan develops a new theory of our obligations to future generations, based on a new rule-consequentialist account of the morality of individual reproduction. He argues that the resulting theory accounts for a wide range of independently plausible intuitions - covering individual morality, intergenerational justice, and international justice. In particular, the moderate consequentialist approach is superior to its two main rivals in this area - person-affecting theories and traditional consequentialism. The former fall foul of Parfit's Non-Identity Problem, while the latter are invariably implausibly demanding. Mulgan also claims that most puzzles in contemporary value theory (such as Parfit's Repugnant Conclusion) are actually puzzles in the theory of right action, and can only be solved if we abandon strict consequentialism for a more moderate alternative. The heart of the book is the first systematic exploration of the rule-consequentialist account of the morality of individual reproduction. Mulgan demostrates that this account is superior to all available alternatives, both consequentialist and non-consequentialist. Once we recognise the intergenerational dimension, moral and political philosophy cannot be considered in isolation. The latter must be founded on the former. Rule consequentialism provides the best foundation for a theory of intergenerational justice. Future People brings together several different contemporary philosophical discussions: obligations to future generations, the morality of individual reproduction, the demands of morality, and international justice. While the focus is on developing a new account, there are also substantial discussions of alternative views, especially contract-based accounts of intergenerational justice and competing forms of consequentialism.

Economic Change Governance and Natural Resource Wealth

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1000939545
Total Pages : 109 pages
Book Rating : 4.0/5 (9 download)

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Book Synopsis Economic Change Governance and Natural Resource Wealth by : David Reed

Download or read book Economic Change Governance and Natural Resource Wealth written by David Reed and published by Taylor & Francis. This book was released on 2023-04-14 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume analyzes the ways in which natural resource wealth has shaped authoritarian political regimes and statist economic systems in the countries of southern Africa in the post-colonial period. It consists of five essays. The first sets out the historical framework and emergence of natural resources as the crucial driver of economies in sub-Saharan Africa. Three essays, drawing on in-country research, focus on Tanzania, Zambia and Zimbabwe. They show how this explains the economic evolution of those countries - in particular, the impacts of economic and institutional changes on the bulk of the population, the rural poor. The final essay explores the nature of the changes and their neoliberal economic context, and the ways in which their harmful consequences might be relieved.

Organizational Corruption in the Asia Pacific

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Publisher : Routledge
ISBN 13 : 1000064336
Total Pages : 162 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Organizational Corruption in the Asia Pacific by : Tim G. Andrews

Download or read book Organizational Corruption in the Asia Pacific written by Tim G. Andrews and published by Routledge. This book was released on 2020-12-17 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Though corruption exists wherever there is organized human life, reports continue to show markedly higher levels of, for example, bribery, kickbacks, cronyism and nepotism across the Asia Pacific area – particularly as compared to the ‘developed’ Anglo-European West. Despite the prolonged and multiple attempts to combat corruption across the region, especially in the wake of the Asian Financial Crisis of 1997–2000, the challenges for business organizations in corporate Asia remain arguably as formidable as ever. Business corruption in Asia continues to affect the image, behaviour, performance and management of companies – both local and foreign – in the region. Against this backdrop, this fresh collection of research sheds new insight into the antecedents, manifestations and consequences of corruption in a changing Asian business landscape – as well as efforts to prevent, manage and redress it. This book will be of interest to those interested in international business, especially in the Asia Pacific region, and in business ethics. It was originally published as a special issue of Asia Pacific Business Review.

High-Value Natural Resources and Post-Conflict Peacebuilding

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Author :
Publisher : Routledge
ISBN 13 : 1136536698
Total Pages : 624 pages
Book Rating : 4.1/5 (365 download)

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Book Synopsis High-Value Natural Resources and Post-Conflict Peacebuilding by : Päivi Lujala

Download or read book High-Value Natural Resources and Post-Conflict Peacebuilding written by Päivi Lujala and published by Routledge. This book was released on 2012-03-29 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: For most post-conflict countries, the transition to peace is daunting. In countries with high-value natural resources – including oil, gas, diamonds, other minerals, and timber –the stakes are unusually high and peacebuilding is especially challenging. Resource-rich post-conflict countries face both unique problems and opportunities. They enter peacebuilding with an advantage that distinguishes them from other war-torn societies: access to natural resources that can yield substantial revenues for alleviating poverty, compensating victims, creating jobs, and rebuilding the country and the economy. Evidence shows, however, that this opportunity is often wasted. Resource-rich countries do not have a better record in sustaining peace. In fact, resource-related conflicts are more likely to relapse. Focusing on the relationship between high-value natural resources and peacebuilding in post-conflict settings, this book identifies opportunities and strategies for converting resource revenues to a peaceful future. Its thirty chapters draw on the experiences of forty-one researchers and practitioners – as well as the broader literature – and cover a range of key issues, including resource extraction, revenue sharing and allocation, and institution building. The book provides a concise theoretical and practical framework that policy makers, researchers, practitioners, and students can use to understand and address the complex interplay between the management of high-value resources and peace. High-Value Natural Resources and Post-Conflict Peacebuilding is part of a global initiative led by the Environmental Law Institute (ELI), the United Nations Environment Programme (UNEP), the University of Tokyo, and McGill University to identify and analyze lessons in natural resource management and post-conflict peacebuilding. The project has generated six edited books of case studies and analyses, with contributions from practitioners, policy makers, and researchers. Other books in the series address land; water; livelihoods; assessing and restoring natural resources; and governance.

Financing Social Policy

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Publisher : Springer
ISBN 13 : 0230244335
Total Pages : 391 pages
Book Rating : 4.2/5 (32 download)

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Book Synopsis Financing Social Policy by : Katja Hujo

Download or read book Financing Social Policy written by Katja Hujo and published by Springer. This book was released on 2009-10-09 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: Moving beyond the 'post-Washington consensus', this book shifts the focus of development policy debates away from expenditures and austerity and towards revenues and resources. The book explores the potential and the developmental impact of different categories of resources for financing social policy in a development context.

Mineral Rents and the Financing of Social Policy

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Publisher : Springer
ISBN 13 : 0230370918
Total Pages : 198 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Mineral Rents and the Financing of Social Policy by : Katja Hujo

Download or read book Mineral Rents and the Financing of Social Policy written by Katja Hujo and published by Springer. This book was released on 2012-05-30 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: An exploration of the implications of mineral-led wealth and the opportunities that this creates for economic and social development. The book includes theoretical and policy analyses as well as micro level country case studies, including Norway, Chile, Indonesia, Nigeria and Botswana.