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The Energy Curse
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Download or read book Covering Oil written by Svetlana Tsalik and published by Lifting the Resource Curse. This book was released on 2005 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Revenue Watch program and the Initiative for Policy Dialogue promote transparency and civic participation in natural resource policymaking. Journalists know how hard it is to report on government management of oil, gas, and other natural resource revenues. Governments and industry are seldom forthcoming. And reporters themselves usually lack the background in economics, engineering, geology, and corporate finance helpful to understanding the energy industry and the effects of resource wealth. This book attempts to redress the balance with practical information in easy to understand language. Chapters include Understanding the Resource Curse, A Primer on Oil, Oil Companies and the International Oil Market, the ABCs of Petroleum Contracts, and the Environmental, Social, and Human Rights Impacts of Oil Development. Tip sheets inform reporters about stories to pursue and questions to ask.
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.
Book Synopsis Beyond the Resource Curse by : Brenda Shaffer
Download or read book Beyond the Resource Curse written by Brenda Shaffer and published by University of Pennsylvania Press. This book was released on 2011-12-30 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: When countries discover that they possess large deposits of oil and natural gas, the news is usually welcome. Yet, paradoxically, if they rely on their wealth of natural resources, they often set down a path of poor economic performance and governance challenges. Only a few resource-rich countries have managed to develop their economies fully and provide a better and sustainable standard of living for large segments of their populations. This phenomenon, known as the resource curse, is a core challenge for energy-exporting states. Beyond the Resource Curse focuses on this relationship between natural wealth and economic security, discussing the particular pitfalls and consistent perils facing oil- and gas-exporting states. The contributors to this volume look beyond the standard fields of research related to the resource curse. They also shed new light on the specific developmental problems of resource-rich exporting states around the globe, including Azerbaijan, Bahrain, Cambodia, East Timor, Iran, Norway, Russia, Trinidad and Tobago, the United Arab Emirates, and Venezuela. Policy makers and academics think of energy security solely in terms of the interests of energy importers. Beyond the Resource Curse shows that the constant volatility in energy markets creates energy security challenges for exporters as well.
Download or read book The Oil Curse written by Michael L. Ross and published by Princeton University Press. This book was released on 2013-09-08 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explaining—and solving—the oil curse in the developing world Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth—and how they can turn oil from a curse into a blessing. Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats—and twice as likely to descend into civil war—than countries without oil. The Oil Curse shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse. This landmark book explains why good geology often leads to bad governance, and how this can be changed.
Book Synopsis Understanding and Avoiding the Oil Curse in Resource-rich Arab by : Ibrahim Elbadawi
Download or read book Understanding and Avoiding the Oil Curse in Resource-rich Arab written by Ibrahim Elbadawi and published by Cambridge University Press. This book was released on 2016-07-14 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: A variety of perspectives from leading economists provides fresh insight into how Arab countries may best exploit their oil revenues.
Download or read book Oil to Cash written by Todd Moss and published by CGD Books. This book was released on 2015-06-10 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil to Cash explores one option to help countries with new oil revenue avoid the so-called resource curse: just give the money directly to citizens. A universal, transparent, and regular cash transfer would not only provide a concrete benefit to regular people, but would also create powerful incentives for citizens to hold their government accountable. Oil to Cash details how and where this idea could work and how policymakers can learn from the experiences with cash transfers in places like Mexico, Mongolia, and Alaska.
Download or read book The Comet's Curse written by Dom Testa and published by Tor Teen. This book was released on 2009-01-20 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the gripping start to this young adult science fiction adventure series by popular Colorado radio host Dom Testa, the teenage crew of the starship Galahad must find a new home for humanity among the stars--if they fail, it will be the end of the human race.... When the tail of the comet Bhaktul flicks through the Earth's atmosphere, deadly particles are left in its wake. Suddenly, mankind is confronted with a virus that devastates the adult population. Only those under the age of eighteen seem to be immune. Desperate to save humanity, a renowned scientist proposes a bold plan: to create a ship that will carry a crew of 251 teenagers to a home in a distant solar system. Two years later, the Galahad and its crew—none over the age of sixteen—is launched. Two years of training have prepared the crew for the challenges of space travel. But soon after departing Earth, they discover that a saboteur is hiding on the Galahad! Faced with escalating acts of vandalism and terrorized by threatening messages, sixteen-year-old Triana Martell and her council soon realize that the stowaway will do anything to ensure that the Galahad never reaches its destination. The teens must find a way to neutralize their enemy. For if their mission fails, it will mean the end of the human race.... At the Publisher's request, this title is being sold without Digital Rights Management Software (DRM) applied.
Book Synopsis Quarterly Essay 78 The Coal Curse by : Judith Brett
Download or read book Quarterly Essay 78 The Coal Curse written by Judith Brett and published by Black Inc.. This book was released on 2020-06-22 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: Australia is a wealthy nation with the economic profile of a developing country – heavy on raw materials, and low on innovation and skilled manufacturing. Once we rode on the sheep’s back for our overseas trade; today we rely on cartloads of coal and tankers of LNG. So must we double down on fossil fuels, now that COVID-19 has halted the flow of international students and tourists? Or is there a better way forward, which supports renewable energy and local manufacturing? Judith Brett traces the unusual history of Australia’s economy and the “resource curse” that has shaped our politics. She shows how the mining industry learnt to run fear campaigns, and how the Coalition became dominated by fossil-fuel interests to the exclusion of other voices. In this insightful essay about leadership, vision and history, she looks at the costs of Australia’s coal addiction and asks, where will we be if the world stops buying it? “Faced with the crisis of a global pandemic, for the first time in more than a decade Australia has had evidence-based, bipartisan policy-making. Politicians have listened to the scientists and ... put ideology and the protection of vested interests aside and behaved like adults. Can they do the same to commit to fast and effective action to try to save our children’s and grandchildren’s future, to prevent the catastrophic fires and heatwaves the scientists predict, the species extinction and the famines?” —Judith Brett, The Coal Curse
Download or read book Beyond the Curse written by Rabah Arezki and published by . This book was released on 2011 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries with an abundance of natural resources, many of which are in sub-Saharan Africa, often show a record of relatively poor economic performance compared with non-resource-rich countries. The chapters in this volume explore the potential challenges to countries with abundant natural resources and ways to manage these challenges so as to reap the benefits of resource wealth while avoiding the pitfalls. The book is divided into five sections, which explore commodity markets and the macroeconomy, economic diversification and the role of finance, fiscal policy, exchange rates and financial stability, and governance. The ideas in this book were first presented at a seminar in November 2010 that was aimed primarily at policymakers in sub-Saharan Africa and brought together ministers, central bank governors, other senior policymakers, and well-known academics.
Book Synopsis The Nutmeg's Curse by : Amitav Ghosh
Download or read book The Nutmeg's Curse written by Amitav Ghosh and published by University of Chicago Press. This book was released on 2022-09-07 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this ambitious successor to The Great Derangement, acclaimed writer Amitav Ghosh finds the origins of our contemporary climate crisis in Western colonialism’s violent exploitation of human life and the natural environment. A powerful work of history, essay, testimony, and polemic, Amitav Ghosh’s new book traces our contemporary planetary crisis back to the discovery of the New World and the sea route to the Indian Ocean. The Nutmeg’s Curse argues that the dynamics of climate change today are rooted in a centuries-old geopolitical order constructed by Western colonialism. At the center of Ghosh’s narrative is the now-ubiquitous spice nutmeg. The history of the nutmeg is one of conquest and exploitation—of both human life and the natural environment. In Ghosh’s hands, the story of the nutmeg becomes a parable for our environmental crisis, revealing the ways human history has always been entangled with earthly materials such as spices, tea, sugarcane, opium, and fossil fuels. Our crisis, he shows, is ultimately the result of a mechanistic view of the earth, where nature exists only as a resource for humans to use for our own ends, rather than a force of its own, full of agency and meaning. Writing against the backdrop of the global pandemic and the Black Lives Matter protests, Ghosh frames these historical stories in a way that connects our shared colonial histories with the deep inequality we see around us today. By interweaving discussions on everything from the global history of the oil trade to the migrant crisis and the animist spirituality of Indigenous communities around the world, The Nutmeg’s Curse offers a sharp critique of Western society and speaks to the profoundly remarkable ways in which human history is shaped by non-human forces.
Book Synopsis Sustaining Development in Mineral Economies by : Richard Auty
Download or read book Sustaining Development in Mineral Economies written by Richard Auty and published by Routledge. This book was released on 2002-09-26 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is widely believed that natural mineral resources are desirable. However there is growing evidence that this may not always be the case. Indeed, it seems that natural assets can distort the economy to such a degree that the benefit actually becomes a curse. In Sustaining Development in Mineral Economies, Richard Auty highlights these drawbacks and the devastating effect they can have on developing economies. With reference to six ore-exporters (viz. Peru, Bolivia, Chile, Jamaica, Zambia and Papua New Guinea) he outlines how things can go badly wrong. He particularly stresses the need to avoid `Dutch Disease' whereby competitiveness is drained out of the agriculture and manufacturing sectors so that in the long term growth falters.
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.
Book Synopsis Escaping the Resource Curse by : Macartan Humphreys
Download or read book Escaping the Resource Curse written by Macartan Humphreys and published by Columbia University Press. This book was released on 2007-05-22 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: The wealth derived from natural resources can have a tremendous impact on the economics and politics of producing countries. In the last quarter century, we have seen the surprising and sobering consequences of this wealth, producing what is now known as the "resource curse." Countries with large endowments of natural resources, such as oil and gas, often do worse than their poorer neighbors. Their resource wealth frequently leads to lower growth rates, greater volatility, more corruption, and, in extreme cases, devastating civil wars. In this volume, leading economists, lawyers, and political scientists address the fundamental channels generated by this wealth and examine the major decisions a country must make when faced with an abundance of a natural resource. They identify such problems as asymmetric bargaining power, limited access to information, the failure to engage in long-term planning, weak institutional structures, and missing mechanisms of accountability. They also provide a series of solutions, including recommendations for contracting with oil companies and allocating revenue; guidelines for negotiators; models for optimal auctions; and strategies to strengthen state-society linkages and public accountability. The contributors show that solutions to the resource curse do exist; yet, institutional innovations are necessary to align the incentives of key domestic and international actors, and this requires fundamental political changes and much greater levels of transparency than currently exist. It is becoming increasingly clear that past policies have not provided the benefits they promised. Escaping the Resource Curse lays out a path for radically improving the management of the world's natural resources.
Download or read book Weak Links written by Stewart Patrick and published by Oxford University Press. This book was released on 2011-05-23 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional wisdom among policymakers in both the US and Europe holds that weak and failing states are the source of the world's most pressing security threats today. However, as this book shows, our assumptions about the threats posed by failed and failing states are based on false premises.
Book Synopsis Commodity Price Volatility and Inclusive Growth in Low-Income Countries by : Mr.Rabah Arezki
Download or read book Commodity Price Volatility and Inclusive Growth in Low-Income Countries written by Mr.Rabah Arezki and published by International Monetary Fund. This book was released on 2012-10-24 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the years following the global financial crisis, many low-income countries experienced rapid recovery and strong economic growth. However, many are now facing enormous difficulties because of rapidly rising food and fuel prices, with the threat of millions of people being pushed into poverty around the globe. The risk of continued food price volatility is a systemic challenge, and a failure in one country has been shown to have a profound impact on entire regions. This volume addresses the challenges of commodity price volatility for low-income countries and explores some macroeconomic policy options for responding to commodity price shocks. The book then looks at inclusive growth policies to address inequality in commodity-exporting countries, particularly natural resource rich countries. Perspectives from the Middle East and North Africa, sub-Saharan Africa, emerging Asia, and Mexico are presented and, finally, the role of the international donor community is examined. This volume is a must read for policymakers everywhere, from those in advanced, donor countries to those in countries with the poorest and most vulnerable populations.
Book Synopsis The Curse of Cash by : Kenneth S. Rogoff
Download or read book The Curse of Cash written by Kenneth S. Rogoff and published by Princeton University Press. This book was released on 2017-06-27 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A brilliant and lucid new book” (John Lanchester, New York Times Magazine) about why paper money and digital currencies lie at the heart of many of the world’s most difficult problems—and their solutions In The Curse of Cash, acclaimed economist and bestselling author Kenneth Rogoff explores the past, present, and future of currency, showing why, contrary to conventional economic wisdom, the regulation of paper bills—and now digital currencies—lies at the heart some of the world’s most difficult problems, but also their potential solutions. When it comes to currency, history shows that the private sector often innovates but eventually the government regulates and appropriates. Using examples ranging from the history of standardized coinage to the development of paper money, Rogoff explains why the cryptocurrency boom will inevitably end with dominant digital currencies created and controlled by governments, regardless of what Bitcoin libertarians want. Advanced countries still urgently need to stem the global flood of large paper bills—the vast majority of which serve no legitimate purpose and only enable tax evasion and other crimes—but cryptocurrencies are like $100 bills on steroids. The Curse of Cash is filled with revealing insights about many of the most pressing issues facing monetary policymakers, from quantitative easing to alternative inflation targeting regimes. It also explains in detail why, if low interest rates persist, the best way to reinvigorate monetary policy is to implement fully effective and unconstrained negative interest rates. Provocative, engaging, and backed by compelling original arguments and evidence, The Curse of Cash has sparked widespread debate and its ideas have moved to the center of financial and policy discussions.
Book Synopsis The Little Book of Curses and Maledictions for Everyday Use by : Dawn Rae Downton
Download or read book The Little Book of Curses and Maledictions for Everyday Use written by Dawn Rae Downton and published by Skyhorse. This book was released on 2009-10-01 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gas prices, traffic. “Fresh” produce, “wholesome” food. Your boss. Your former boss. Your coworkers. Your crush. Doctors. Customer service. Who can you call to get that monkey off your back? You can’t call anyone because they won’t return your calls. Isn’t it time to have a little ammo of your own? Here you go: fifty custom maledictions for situations you run into every day, and for people you know and wish you didn’t. In step-by-step, user-friendly detail, The Little Book of Curses puts the power back in your hands. Learn how to place spells, incantations, hexes, and more. Authentic, ancient curses from around the world are tweaked for easy, contemporary use. The book covers the four essentials to practicing any kind of magic: what to do and say, what materials to use, what frame of mind to be in, and what limits to set. In some cases it even matters where you are when you set your curse, what time of day it is, and who’s around. All that is here, too. It’s foolproof!