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Knowledge Based Growth In Natural Resource Intensive Economies
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Book Synopsis Knowledge-Based Growth in Natural Resource Intensive Economies by : Kristin Ranestad
Download or read book Knowledge-Based Growth in Natural Resource Intensive Economies written by Kristin Ranestad and published by Springer. This book was released on 2018-11-07 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book rejects the idea that natural resource industries are doomed to slow growth. Rather, it examines the case of Norway to demonstrate that such industries can prove highly innovative and dynamic. Here, the case is compellingly made that a key empirical problem with the popular ‘resource curse’ argument is that some of the richest countries in the world – namely Norway, Sweden, Canada and Australia – have all developed fast-growing economies based on natural resources. Analysis of innovation and knowledge development in natural resource industries reveal important new insights about the role of learning and innovation. These insights are key to understanding variances in growth levels between natural resource-based economies. Ranestad illustrates how Norway’s high economic performance is built on knowledge-based natural resource industries. While Norwegian industries may have originated because of foreign technology and expertise, they thrived due to further developments carried out by organisations within Norway. Ranestad looks at how these developments were possible due to the country’s high level of human capital, capacity for knowledge absorption and ability to adapt to new global technological and economic circumstances.
Book Synopsis Natural Resources, Neither Curse nor Destiny by : Daniel Lederman
Download or read book Natural Resources, Neither Curse nor Destiny written by Daniel Lederman and published by World Bank Publications. This book was released on 2006-10-23 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Natural Resources: Neither Course nor Destiny' brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural resources are neither a curse nor destiny. Natural resources can actually spur economic development when combined with the accumulation of knowledge for economic innovation. Furthermore, natural resource abundance need not be the only determinant of the structure of trade in developing countries. In fact, the accumulation of knowledge, infrastructure, and the quality of governance all seem to determine not only what countries produce and export, but also how firms and workers produce any good.
Book Synopsis From Natural Resources to the Knowledge Economy by : David M. De Ferranti
Download or read book From Natural Resources to the Knowledge Economy written by David M. De Ferranti and published by World Bank Publications. This book was released on 2002 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the structure of trade in the economies of the Latin American and Caribbean (LAC) region and the potential for job creation through the combined use of rich natural resources and the adoption of new technologies. It discusses whether the abundance of natural resources can create a concentrated export structure which hinders the potential for economic development and stability; and also considers the implications of trade policies for job quality. The report looks at the recent experiences of some LAC countries in specific sectors including Chile's agricultural performance, trade liberalisation policies in Argentina and Uruguay, and productivity in Brazilian manufacturing.
Book Synopsis The New Natural Resource by : Hans Christian Garmann Johnsen
Download or read book The New Natural Resource written by Hans Christian Garmann Johnsen and published by Routledge. This book was released on 2016-03-03 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasingly in the public discourse there are references to the knowledge economy, knowledge society, knowledge workers and knowledge organisations. The argument is that knowledge is becoming the main economic resource, replacing the natural resources that drove the industrial revolution. The new knowledge economy is driven by knowledge development, innovation and highly skilled employees. Increasing investment in higher education and in universities is in line with this strategy and understanding. In an earlier book, Creating Collaborative Advantage edited with Richard Ennals, Professor Hans Christian Garmann Johnsen argued that it is knowledge that links social and economic processes. He believes that what is missing in the current discussion on innovation is a conceptualisation of exactly what knowledge is. In The New Natural Resource, he digs deeper into what it is and how it develops and subsequently leads to widespread change. The author argues that knowledge is inherently a social phenomenon. That is why social processes are closely linked to economic development, and why this relationship becomes even more apparent in the new knowledge economy. Knowledge is not an objective entity, established once and for all. Knowledge development is interrelated with values, norms, perceptions and interpretations. We need to know what the mechanisms are by which knowledge becomes legitimate, true and relevant.
Book Synopsis Natural Resources and Economic Development by : Edward B. Barbier
Download or read book Natural Resources and Economic Development written by Edward B. Barbier and published by Cambridge University Press. This book was released on 2019-09-19 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of this landmark book explores how natural resources contribute to development in poor economies.
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.
Author :Professor Hans Christian Garmann Johnsen Publisher :Ashgate Publishing, Ltd. ISBN 13 :1472423437 Total Pages :305 pages Book Rating :4.4/5 (724 download)
Book Synopsis The New Natural Resource by : Professor Hans Christian Garmann Johnsen
Download or read book The New Natural Resource written by Professor Hans Christian Garmann Johnsen and published by Ashgate Publishing, Ltd.. This book was released on 2014-06-28 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New Natural Resource is a book about the role of knowledge in social and economic development. There is a need to address the process of developing knowledge as a social process and The New Natural Resource starts with the argument that knowledge is inherently a social phenomenon. This allows us to discuss the relation between individual opinions and what is regarded as knowledge. It also allows us to see how economic and political and democratic processes are interrelated. Acknowledging that we are more dependent on contesting processes of knowledge development in society implies that we should address how society as a whole is able to legitimize what it regards as the right kind of knowledge.
Book Synopsis Economic Diversification Policies in Natural Resource Rich Economies by : Sami Mahroum
Download or read book Economic Diversification Policies in Natural Resource Rich Economies written by Sami Mahroum and published by Routledge. This book was released on 2016-08-05 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic diversification remains at the top of the agenda for hundreds of regions around the world. From the single commodity economies of African countries and the Caribbean, to the many single industry regions of Europe and North America, as well as the oil and gas rich but volatile hydrocarbon economies. Economic diversification policies have been around for almost a century with varying degrees of success and failure. Economic Diversification Policies in Natural Resource Rich Economies takes a special interest in the policy experiences of a set of different countries that have extractive industries representing significant drivers of their economies and subsequently are significant contributors to government revenues. It explores twelve cases including upper-middle to high income economies such as Canada, Australia, Iceland and Norway, emerging economies such as Latin America, the GCC (Saudi and UAE), Kazakhstan, Malaysia and Russia, as well as the developing economy of Uganda. Each chapter provides a review of economic diversification experiences including policy environment, diversification strategies, desired outcomes, the role of government, and a critical evaluation of achievements. This book is suitable for those who study environmental economics, development economics and resource management.
Book Synopsis The Age of Discontinuity by : Peter F. Drucker
Download or read book The Age of Discontinuity written by Peter F. Drucker and published by Elsevier. This book was released on 2013-10-22 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Age of Discontinuity: Guidelines to Our Changing Society describes the discontinuities that are changing the structure and the meaning of economy, politics, and society. Major discontinuities exist in four areas: the knowledge technologies; changes in the world's economy; a society of organizations; and the knowledge society. This book is organized into four parts encompassing 17 chapters. Each part represents the four areas of discontinuities. Part I highlights the growth in major industries and businesses, along with economic policies related to tax incentives. Part II looks into the status of the global economy, the disparity between the rich and poor countries, and the concepts and application of the economic theory demonstrating a closed economy controlled from within by national, monetary, credit, and tax policies. Part III examines the changes in the political matrix of social and economic life. This part deals particularly with the theory of pluralism and organizations, as well as the creation of socio-political reality. Part IV focuses on the changes in the cost center and the crucial resource of the economy. Knowledge changes involve changes in labor forces and work. This book will prove useful to economists, public servants, sociologists, and researchers.
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.
Book Synopsis Rents to Riches? by : Naazneen Barma
Download or read book Rents to Riches? written by Naazneen Barma and published by World Bank Publications. This book was released on 2011-12-08 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume focuses on the political economy surrounding the detailed decisions that governments make at each step of the value chain for natural resource management. From the perspective of public interest or good governance, many resource-dependent developing countries pursue apparently short-sighted and sub-optimal policies in relation to the extraction and capture of resource rents, and to spending and savings from their resource endowments. This work contextualizes these micro-level choices and outcomes.
Book Synopsis Resource Abundance and Economic Development by : Richard M. Auty
Download or read book Resource Abundance and Economic Development written by Richard M. Auty and published by . This book was released on 1998 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Knowledge Economy by : Roberto Mangabeira Unger
Download or read book The Knowledge Economy written by Roberto Mangabeira Unger and published by Verso Books. This book was released on 2022-06-28 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revolutionary account of the transformative potential of the knowledge economy Adam Smith and Karl Marx recognized that the best way to understand the economy is to study the most advanced practice of production. Today that practice is no longer conventional manufacturing: it is the radically innovative vanguard known as the knowledge economy. In every part of the production system it remains a fringe excluding the vast majority of workers and businesses. This book explores the hidden nature of the knowledge economy and its possible futures. The confinement of the knowledge economy to these insular vanguards has become a driver of economic stagnation and inequality throughout the world. Traditional mass production has stopped working as a shortcut to economic growth. But the alternative—a deepened and socially inclusive form of the knowledge economy—continues to lie beyond reach in even the richest countries. The shape of contemporary politics on both the left and the right reflects a failure to come to terms with this dilemma and to overcome it. Unger explains the knowledge economy in the truncated and confined form that it has today and proposes the way to a knowledge economy for the many: changes not just in economic institutions but also in education, culture, and politics. Just as Smith and Marx did in their time, he uses an understanding of the most advanced practice of production to rethink both economics and the economy as a whole.
Book Synopsis Resource Abundance and Economic Development by : R. M. Auty
Download or read book Resource Abundance and Economic Development written by R. M. Auty and published by Oxford University Press. This book was released on 2001-06-28 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1960s the per capita incomes of the resource-poor countries have grown significantly faster than those of the resource-abundant countries. In fact, in recent years economic growth has been inversely proportional to the share of natural resource rents in GDP, so that the small mineral-driven economies have performed least well and the oil-driven economies worst of all. Yet the mineral-driven resource-rich economies have high growth potential because the mineral exportsboost their capacity to invest and to import."Resource Abundance and Economic Development" explains the disappointing performance of resource-abundant countries by extending the growth accounting framework to include natural and social capital. The resulting synthesis identifies two contrasting development trajectories: the competitive industrialization of the resource-poor countries and the staple trap of many resource-abundant countries. The resource-poor countries are less prone to policy failure than the resource-abundant countriesbecause social pressures force the political state to align its interests with the majority poor and follow relatively prudent policies. Resource-abundant countries are more likely to engender political states in which vested interests vie to capture resource surpluses (rents) at the expense of policycoherence. A longer dependence on primary product exports also delays industrialization, heightens income inequality, and retards skill accumulation. Fears of 'Dutch disease' encourage efforts to force industrialization through trade policy to protect infant industry. The resulting slow-maturing manufacturing sector demands transfers from the primary sector that outstrip the natural resource rents and sap the competitiveness of the economy.The chapters in this collection draw upon historical analysis and models to show that a growth collapse is not the inevitable outcome of resource abundance and that policy counts. Malaysia, a rare example of successful resource-abundant development, is contrasted with Ghana, Bolivia, Saudi Arabia, Mexico, and Argentina, which all experienced a growth collapse. The book also explores policies for reviving collapsed economies with reference to Costa Rica, South Africa, Russia and Central Asia. Itdemonstrates the importance of initial conditions to successful economic reform.
Book Synopsis The World Bank Research Observer by :
Download or read book The World Bank Research Observer written by and published by . This book was released on 2003 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Atlas of Economic Complexity by : Ricardo Hausmann
Download or read book The Atlas of Economic Complexity written by Ricardo Hausmann and published by MIT Press. This book was released on 2014-01-17 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Maps capture data expressing the economic complexity of countries from Albania to Zimbabwe, offering current economic measures and as well as a guide to achieving prosperity Why do some countries grow and others do not? The authors of The Atlas of Economic Complexity offer readers an explanation based on "Economic Complexity," a measure of a society's productive knowledge. Prosperous societies are those that have the knowledge to make a larger variety of more complex products. The Atlas of Economic Complexity attempts to measure the amount of productive knowledge countries hold and how they can move to accumulate more of it by making more complex products. Through the graphical representation of the "Product Space," the authors are able to identify each country's "adjacent possible," or potential new products, making it easier to find paths to economic diversification and growth. In addition, they argue that a country's economic complexity and its position in the product space are better predictors of economic growth than many other well-known development indicators, including measures of competitiveness, governance, finance, and schooling. Using innovative visualizations, the book locates each country in the product space, provides complexity and growth potential rankings for 128 countries, and offers individual country pages with detailed information about a country's current capabilities and its diversification options. The maps and visualizations included in the Atlas can be used to find more viable paths to greater productive knowledge and prosperity.
Book Synopsis The Knowledge Based Information Economy by : Gunnar Eliasson
Download or read book The Knowledge Based Information Economy written by Gunnar Eliasson and published by Coronet Books. This book was released on 1990 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: The implications of the knowledge-based information economy are studied conceptually and statistically. Innovation, economic coordination, and diffusion of knowledge are found to be dominant resource-using activities which are reflected in the extent of service production in the economy. Substitution occurs between internal production and external acquisition of services related to manufacturing activities. This and the organization of industry may explain observed differences among countries in international trade in services. If properly measured, manufactured goods and related services are found to account for almost half of GNP. Analogously, the definition of capital should be expanded to include intangibles having at least the same order of magnitude as conventionally measured (hardware) capital. The study also includes an attempt to quantify the actual and the potential sizes of the telecommunications market for knowledge communication through electronic methods.
