Natural Resources And Economic Development

Author : Edward B. Barbier
Publisher : Cambridge University Press
ISBN 13 : 1107179262
Total Pages : 451 pages
Book Rating : 4.64/5 ( download)

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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.

Author : Marc Badia-Miró
Publisher : Routledge
ISBN 13 : 1317669185
Total Pages : 463 pages
Book Rating : 4.80/5 ( download)

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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 463 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 : Jörg Mayer
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782541295
Total Pages : 240 pages
Book Rating : 4.92/5 ( download)

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Download or read book Development Policies in Natural Resource Economies written by Jörg Mayer and published by Edward Elgar Publishing. This book was released on 1999-05-26 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of the factors that influence economic growth and sustainable development in countries with a significant natural resource sector. It looks at how to make the primary sector sufficiently productive to provide for investment in both itself and other sectors of the economy.

Author : R. M. Auty
Publisher : Oxford University Press
ISBN 13 : 0199246882
Total Pages : 357 pages
Book Rating : 4.85/5 ( download)

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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.

Author : Daniel Lederman
Publisher : World Bank Publications
ISBN 13 : 9780821365465
Total Pages : 392 pages
Book Rating : 4.60/5 ( download)

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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.

Author : Edward B. Barbier
Publisher : Cambridge University Press
ISBN 13 : 9781139447454
Total Pages : 444 pages
Book Rating : 4.59/5 ( download)

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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 2005-11-24 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Natural Resources and Economic Development, first published in 2005, explores a key paradox: why is natural resource exploitation not yielding greater benefits to the poor economies of Africa, Asia and Latin America? Part I examines this paradox both through a historical review of resource use and development and through examining current theories which explain the under-performance of today's resource-abundant economies, and proposes a frontier expansion hypothesis as an alternative explanation. Part II develops models to analyse the key economic factors underlying land expansion and water use in developing countries. Part III explores further the 'dualism within dualism' structure of resource dependency, rural poverty and resource degradation within developing countries, and through illustrative country case-studies, proposes policy and institutional reforms necessary for successful resource-based development.

Author : Paul A. Haslam
Publisher : Routledge
ISBN 13 : 1317418905
Total Pages : 259 pages
Book Rating : 4.00/5 ( download)

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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.

Author : Fonjong, Lotsmart
Publisher : Langaa RPCIG
ISBN 13 : 9956551244
Total Pages : 364 pages
Book Rating : 4.48/5 ( download)

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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.

Author : Edward Barbier
Publisher : Cambridge University Press
ISBN 13 : 9780521706513
Total Pages : 438 pages
Book Rating : 4.13/5 ( download)

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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.

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264190503
Total Pages : 176 pages
Book Rating : 4.04/5 ( download)

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Download or read book OECD Green Growth Studies Material Resources, Productivity and the Environment written by OECD and published by OECD Publishing. This book was released on 2015-02-12 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a factual analysis of material flows and resource productivity in OECD countries in a global context.