The Political Economy of Natural Resources and Development

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Author :
Publisher : Routledge
ISBN 13 : 1317418905
Total Pages : 259 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis The Political Economy of Natural Resources and Development by : Paul A. Haslam

Download or read book The Political Economy of Natural Resources and Development written by Paul A. Haslam and published by Routledge. This book was released on 2016-02-05 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Political Economy of Resources and Development offers a unique and multidisciplinary perspective on how the commodity boom of the mid-2000s reshaped the model of development throughout Latin America and elsewhere in the developing world. Governments increased taxes and royalties on the resource sector, the nationalization of foreign firms returned to the mainstream economic policy agenda, and public spending on social and developmental goals surged. These trends, often described as resource nationalism, have developed into a strategy for economic development, generated a re-imagining of the state and its institutional possibilities, and created a new but very significant political risk for extractive enterprises. However, these innovations, which constitute the most dramatic change in development policy in Latin America since the advent of neoliberalism, have so far received little attention from either academic or policy-oriented publications. This book explores the reasons behind these policies, and their effects on states, firms, and development trajectories. This text brings together renowned thematic experts to examine the political-economic causes of resource nationalism, as well as its manifestation in six Latin American countries. The causal variables considered by the contributors to this collection include a range of political-economic determinants of policy including commodity prices; the influence of ideology and national politics; ideas about industrial policy; relations between host governments and investors; and how countries respond to opportunities provided by regional initiatives and the new geography of the global economy. This volume is essential reading in development economics, political economy, and Latin American studies, as well as for those who want to understand what economic development means after neoliberalism.

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.

Resource Abundance and Economic Development

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Publisher : Oxford University Press
ISBN 13 : 0199246882
Total Pages : 357 pages
Book Rating : 4.1/5 (992 download)

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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.

Natural Resources and Economic Growth

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Publisher : Routledge Explorations in Economic History
ISBN 13 : 9781138339620
Total Pages : 374 pages
Book Rating : 4.3/5 (396 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 Explorations in Economic History. This book was released on 2018-08-06 with total page 374 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.

State Economic Development

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Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis State Economic Development by : William E. Nothdurft

Download or read book State Economic Development written by William E. Nothdurft and published by . This book was released on 1985 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Renewing America

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Publisher : Council of State Policy & Planning Agencies
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Renewing America by : William E. Nothdurft

Download or read book Renewing America written by William E. Nothdurft and published by Council of State Policy & Planning Agencies. This book was released on 1984 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Perhaps the most important contribution Renewing America makes is its fresh and logical recasting of an age old debate. This book moves us off the growth vs. no-growth stalemate onto a forward path paved by the recognition that environmental quality is an essential ingredient of a strong economy"--Back cover.

Institute of Natural Resources and Economic Development

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Author :
Publisher :
ISBN 13 :
Total Pages : 11 pages
Book Rating : 4.:/5 (372 download)

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Book Synopsis Institute of Natural Resources and Economic Development by : North Dakota State University. Institute of Natural Resources and Economic Development

Download or read book Institute of Natural Resources and Economic Development written by North Dakota State University. Institute of Natural Resources and Economic Development and published by . This book was released on 199? with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Natural Resource Endowment and the Fallacy of Development in Cameroon

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Publisher : Langaa RPCIG
ISBN 13 : 9956551244
Total Pages : 364 pages
Book Rating : 4.9/5 (565 download)

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Book Synopsis Natural Resource Endowment and the Fallacy of Development in Cameroon by : Fonjong, Lotsmart

Download or read book Natural Resource Endowment and the Fallacy of Development in Cameroon written by Fonjong, Lotsmart and published by Langaa RPCIG. This book was released on 2019-10-05 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cameroon is rich in petroleum, minerals, tropical forests, wildlife, water systems, fertile lands, and much more. Paradoxically however, most citizens live in abject poverty and without jobs, potable water, electricity, good healthcare and roads. This book is a thoughtful interrogation of some of the structural factors driving persistent poverty in Cameroon in the midst of natural resource abundance. It engages in a multidimensional critical analysis of the impact of natural resources on basic development indicators and concludes that good resource governance and sound management are the missing link. Natural resources alone will not create socio-economic prosperity void of good management with a clear development vision and strategy in Cameroon. The book assembles a wide diversity of analysis, views, perspectives and recommendations from economists, development experts, social and political scientists, on Cameroon’s current development inertia. What emerges in the end is a coherent interdisciplinary analysis of the natural resource-development paradox as it plays out in an African setting. Theories and good practices from Africa and beyond are systematically applied to identify and critique present policy and management approaches while providing alternative options that can unlock Cameroon’s natural resource wealth for national prosperity.

The Politics and Economics of Indonesia's Natural Resources

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Publisher : Institute of Southeast Asian Studies
ISBN 13 : 9812303049
Total Pages : 321 pages
Book Rating : 4.8/5 (123 download)

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Book Synopsis The Politics and Economics of Indonesia's Natural Resources by : Budy P Resosudarmo

Download or read book The Politics and Economics of Indonesia's Natural Resources written by Budy P Resosudarmo and published by Institute of Southeast Asian Studies. This book was released on 2005 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The challenges in using and managing natural resources in Indonesia are immense. They include ensuring that resource utilisation benefits most Indonesians; optimising the rate of exploitation of mineral reserves, bearing in mind the interests of future generations; and achieving sustainable forest and maritime exploitation. Recent rapid political change under reformasi and decentralisation may seem to have provided opportunities for a long-term development path that embraces both resource sustainability and equity issues. However, they have also generated an environment of political uncertainty, weak law enforcement, increased insecurity of property rights and local conflicts. This situation, together with the post-crisis imperative of restoring socio-economic progress, has created a pressing need to address the challenges of proper utilisation and management of natural resources. This book examines these and related issues from a political, socio-economic, and environmental standpoint. 1st Reprint 2006

Scarcity and Growth

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Publisher : Routledge
ISBN 13 : 1135989176
Total Pages : 264 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis Scarcity and Growth by : Harold J. Barnett

Download or read book Scarcity and Growth written by Harold J. Barnett and published by Routledge. This book was released on 2013-10-18 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this classic study, the authors assess the importance of technological change and resource substitution in support of their conclusion that resource scarcity did not increase in the Unites States during the period 1870 to 1957. Originally published in 1963

Incorporating Understanding of Informal Economic Activity in Natural Resource and Economic Development Policy

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Author :
Publisher : DIANE Publishing
ISBN 13 : 1437913563
Total Pages : 60 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Incorporating Understanding of Informal Economic Activity in Natural Resource and Economic Development Policy by : Rebecca J. McLain

Download or read book Incorporating Understanding of Informal Economic Activity in Natural Resource and Economic Development Policy written by Rebecca J. McLain and published by DIANE Publishing. This book was released on 2009-05 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report synthesizes the literature on the role of informal economic activity (IEA) in the U.S. postindustrial economy. IEA is expanding in the U.S. and is likely to continue in the foreseeable future. The formal and informal economic sectors are inextricably intertwined, with individuals and households combining elements of both sectors to construct their livelihoods. The non-timber forest products sector serves as a case study of why it is important to consider IEA when developing natural resource and economic development policy. The report recommends steps policymakers can take to identify and encourage positive aspects of the IEA.

Rents to Riches?

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Publisher : World Bank Publications
ISBN 13 : 0821387162
Total Pages : 303 pages
Book Rating : 4.8/5 (213 download)

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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.

Economics of Natural Resources and the Environment

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Publisher : Johns Hopkins University Press
ISBN 13 : 9780801839863
Total Pages : 404 pages
Book Rating : 4.8/5 (398 download)

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Book Synopsis Economics of Natural Resources and the Environment by : David W. Pearce

Download or read book Economics of Natural Resources and the Environment written by David W. Pearce and published by Johns Hopkins University Press. This book was released on 1989-12-01 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics of Natural Resources and the Environment brings together the approaches of natural resource economics and environmental economics to provide a comprhensive overview of the economics of national international and global environmental problems. A unifying theme throuhhout the book is the concept of "sustainable development" defined as "maximizing the net benefits of economic development while maintaining the services and quality of natural resources over time." The authors emphasize the continuing importance of a mainstream approach. They stress "economic efficiency—getting the most welfare out of a given endowment of resources." And they address the larger moral issues as well. Chapter topics include the historical development of environmental economics, environmental ethics, and pollution control policy in "free" mixed market and centrally planned economies. Other current issues seen from an economic perspective include destruction of the ozone layer, the greenhouse effect, policy weapons in the fight against pollution, and the special problems of the third world. Economics of Natural Resources and the Environment offers a thorough review and synthesis of the major work of the field's senior scholars. It will be of value not only to students of natural resource economics, environmental economics, geography, and environmental sciences but also to all with an interest in economic appraoches to environmental issues.

Environmental and Natural Resource Economics

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Publisher : Routledge
ISBN 13 : 1315448513
Total Pages : 584 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis Environmental and Natural Resource Economics by : Jonathan M. Harris

Download or read book Environmental and Natural Resource Economics written by Jonathan M. Harris and published by Routledge. This book was released on 2016-05-05 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: Harris and Roach present a compact and accessible presentation of the core environmental and resource topics and more, with analytical rigor as well as engaging examples and policy discussions. They take a broad approach to theoretical analysis, using both standard economic and ecological analyses, and developing these both from theoretical and practical points of view. It assumes a background in basic economics, but offers brief review sections on important micro and macroeconomic concepts, as well as appendices with more advanced and technical material. Extensive instructor and student support materials, including PowerPoint slides, data updates, and student exercises are provided.

Economic Development of Africa's Natural Resources

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Publisher :
ISBN 13 :
Total Pages : 80 pages
Book Rating : 4.0/5 (18 download)

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Book Synopsis Economic Development of Africa's Natural Resources by : United States. Congress. House. Committee on International Relations. Subcommittee on Africa

Download or read book Economic Development of Africa's Natural Resources written by United States. Congress. House. Committee on International Relations. Subcommittee on Africa and published by . This book was released on 1997 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Resources in America's Future

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Publisher : [Baltimore] : Published for Resources for the Future by the Johns Hopkins Press
ISBN 13 :
Total Pages : 1184 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Resources in America's Future by : Resources for the Future

Download or read book Resources in America's Future written by Resources for the Future and published by [Baltimore] : Published for Resources for the Future by the Johns Hopkins Press. This book was released on 1963 with total page 1184 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed examination of the adequacy of natural resources in the U.S. to provide the standard of living expected.

Confronting the Curse

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Publisher : Peterson Institute for International Economics
ISBN 13 : 0881326763
Total Pages : 221 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Confronting the Curse by : Cullen S. Hendrix

Download or read book Confronting the Curse written by Cullen S. Hendrix and published by Peterson Institute for International Economics. This book was released on 2014 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: The political economy of natural resource wealth poses two interrelated challenges for American foreign policy, both involving governance issues in countries that are abundantly endowed with natural resources. The potentially negative impact of natural resources on development is captured in the phrase "the resource curse". The implications are the greatest for the commodity producers themselves, ranging from complications for macroeconomic management to political authoritarianism and, in the extreme, the precipitation of violent civil conflict. For US policy, the resource curse presents challenges with respect to coping with state failure and associated transborder phenomena. The issues extend to broader geopolitics. Resource abundance confers financial and political power on producers. China's emergence as a major importer and investor in extraction, willing to accommodate authoritarian producers, exacerbates the challenge, potentially undercutting international efforts to encourage greater transparency and improved management of natural resource wealth. This issue is of particular importance for US policy toward Africa