Fiscal Policy and the Natural Resources Curse - 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 Fiscal Policy and the Natural Resources Curse write by Paul Mosley. This book was released on 2017. Fiscal Policy and the Natural Resources Curse available in PDF, EPUB and Kindle. It is widely accepted that natural resource wealth, especially in the form of oil and minerals, can be a key factor in inhibiting economic development. Many of the countries that are richest in natural resources - including oil, metals and diamonds - are amongst the world's poorest. Why? Fiscal Policy and the Natural Resources Cursere-examines this ancient, unsolved puzzle, asking why many governments of natural resource-intensive countries are incapable, in a globalised world, of dealing with the natural-resource curse. This book offers a detailed analysis of the power-relationships which underpin the natural resource curse, using both statistical analysis and country case studies from Africa and Latin America to pinpoint the strategies that have enable developing countries to break out of the poverty trap. The book differs from other works on this subject, as it not only identifies the issues at stake but also offers solutions in the form of a series of suggested policy measures. The work focusses in particular on fiscal escape routes, namely measures to develop and diversify the tax system, and to reallocate and target public expenditure. This volume will be of great interest to scholars of economic development, the economics of natural resources and economic growth as well as all those with an interest in development, global politics and anti-poverty policies.
The Curse of Natural Resources
The Curse of Natural Resources - 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 Curse of Natural Resources write by Sevil Acar. This book was released on 2017-02-20. The Curse of Natural Resources available in PDF, EPUB and Kindle. 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.
Confronting the Curse
Confronting the Curse - 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 Confronting the Curse write by Cullen S. Hendrix. This book was released on 2014. Confronting the Curse available in PDF, EPUB and Kindle. 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
The Institutions Curse
The Institutions Curse - 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 Institutions Curse write by Victor Menaldo. This book was released on 2016-08-25. The Institutions Curse available in PDF, EPUB and Kindle. Debunks the view that natural resources lead to terrible outcomes by demonstrating that oil and minerals are actually a blessing.
Key Issues in Natural Resource Taxation and Revenue Management in the Commonwealth
Key Issues in Natural Resource Taxation and Revenue Management in the Commonwealth - 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 Key Issues in Natural Resource Taxation and Revenue Management in the Commonwealth write by Daniel Wilde. This book was released on 2016-10-11. Key Issues in Natural Resource Taxation and Revenue Management in the Commonwealth available in PDF, EPUB and Kindle. Public policies in taxation and revenue management are key to ensuring natural resource wealth results in economic development. Tax policy and systems should ensure that whenever natural resources are extracted, the host state receives a fair share of revenue. Revenue management policies are required to ensure that government revenues from natural resources are wisely used to finance sustainable economic development. This Economic Paper analyses key issues in natural resource taxation and revenue management and recommends policies that can improve countries’ economic performance. The discussion draws on economic theory, empirical evidence and the work of the Commonwealth Secretariat.
