Boom, Bust, or Prosperity? Managing Sub-Saharan Africa’s Natural Resource Wealth

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Author :
Release : 2013-08-27
Genre : Nature
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Book Rating : 327/5 ( reviews)

Boom, Bust, or Prosperity? Managing Sub-Saharan Africa’s Natural Resource Wealth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Boom, Bust, or Prosperity? Managing Sub-Saharan Africa’s Natural Resource Wealth write by Charlotte J. Lundgren. This book was released on 2013-08-27. Boom, Bust, or Prosperity? Managing Sub-Saharan Africa’s Natural Resource Wealth available in PDF, EPUB and Kindle. Sizeable natural resource endowments and potentially large financial inflows from their extraction provide an unparalleled opportunity for economic growth and development in a growing number of sub-Saharan African countries. Empirical evidence suggests, however, that translating this resource wealth into stronger economic performance and a higher standard of living has proven challenging. Much has been written about the resource curse. This publication focuses on solutions to the challenges and outlines the main policy considerations and options in managing natural resource wealth, drawing on experience within and outside sub-Saharan Africa and referring closely to the latest analysis and policy advice in this area by the IMF, the World Bank, and leading academic research. A key feature of each chapter is a recommended reading list for those who wish additional, more in-depth material on these issues to further inform policymakers and other stakeholders on the theoretical and analytical underpinnings of the policy advice.

Boom, Bust, Or Prosperity?

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Author :
Release : 2013
Genre : Economic development
Kind :
Book Rating : 431/5 ( reviews)

Boom, Bust, Or Prosperity? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Boom, Bust, Or Prosperity? write by Charlotte J. Lundgren. This book was released on 2013. Boom, Bust, Or Prosperity? available in PDF, EPUB and Kindle. Sizable natural resource endowments and potentially large financial inflows from their extraction provide an unparalleled opportunity for economic growth and development in a growing number of sub-Saharan African countries. Empirical evidence suggests, however, that translating this resource wealth into stronger economic performance and a higher standard of living has proved challenging. Much has been written about the resource curse. This publication focuses on solutions to the challenges and outlines the main policy considerations and options in managing natural resource wealth, drawing on experience within and outside sub-Saharan Africa and referring closely to the latest analysis and policy advice in this area by the IMF, the World Bank, and leading academic research. A key feature of each chapter is a recommended reading list for those who wish additional, more in-depth material on these issues to further inform policymakers and other stakeholders on the theoretical and analytical underpinnings of the policy advice.

Boom and Bust

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Author :
Release : 2010-11-16
Genre : Business & Economics
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Book Rating : 844/5 ( reviews)

Boom and Bust - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Boom and Bust write by Alex J. Pollock. This book was released on 2010-11-16. Boom and Bust available in PDF, EPUB and Kindle. While the recent economic crisis was a painful period for many Americans, the panic surrounding the downturn was fueled by an incomplete understanding of economic history. Economic hysteria made for riveting journalism and effective political theater, but the politicians and members of the media who declared that America was in the midst of the greatest financial calamity since the Great Depression were as wrong and misguided as the expansionists of the Roosevelt era. In reality the cyclical nature of market economies is as old as the markets themselves. In a free market system, financial downturns inevitably accompany economic prosperity-but the overall trend is upward progress in living standards and national wealth. While it is helpful to understand what caused the recent crisis, the more important questions to consider are 'What makes the 'boom and bust' cycle so predictable?' and 'What are the ethical responsibilities of the citizens of a free market economy?' In Boom and Bust: Financial Cycles and Human Prosperity, Alex J. Pollock argues that while economic downturns can be frightening and difficult, people living in free market economies enjoy greater health, better access to basic necessities, better education, work less arduous jobs, and have more choices and wider horizons than people at any other point in history. This wonderful reality would not exist in the absence of financial cycles. This book explains why.

The Trouble with Prosperity

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Author :
Release : 1996
Genre : Business & Economics
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Book Rating : 398/5 ( reviews)

The Trouble with Prosperity - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Trouble with Prosperity write by James Grant. This book was released on 1996. The Trouble with Prosperity available in PDF, EPUB and Kindle. In Boom and Bust in the American Century, James Grant tells why the financial prosperity of the 1990s is destined to collapse. This is a book about cycles of optimism and pessimism, of bull markets and bear markets, and of orthodoxy and heresy. Boom and Bust in the American Century is sophisticated financial writing by a gifted author and analyst at the top of his form.

Boom and Bust

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Release : 2020-08-06
Genre : Business & Economics
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Book Rating : 359/5 ( reviews)

Boom and Bust - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Boom and Bust write by William Quinn. This book was released on 2020-08-06. Boom and Bust available in PDF, EPUB and Kindle. Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s. As they do so, they help us understand why bubbles happen, and why some have catastrophic economic, social and political consequences whilst others have actually benefited society. They reveal that bubbles start when investors and speculators react to new technology or political initiatives, showing that our ability to predict future bubbles will ultimately come down to being able to predict these sparks.