Natural Resources, Volatility, and Inclusive Growth - 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 Natural Resources, Volatility, and Inclusive Growth write by Mr.Rabah Arezki. This book was released on 2012-05-01. Natural Resources, Volatility, and Inclusive Growth available in PDF, EPUB and Kindle. This paper takes stock of the economic performance of resource rich countries in the Middle East and North Africa (MENA) over the past forty years. While those countries have maintained high levels of income per capita, they have performed poorly when going beyond the assessment based on standard income level measures. Resource rich countries in MENA have experienced relatively low and non inclusive economic growth as well as high levels of macroeconomic volatility. Important improvements in health and education have taken place but the quality of the provision of public goods and services remains an important source of concerns. Looking forward we argue that the success of economic reforms in MENA rests on the ability of those countries to invest boldly in building inclusive institutions as well as high levels of human capacity in public administrations.
Commodity Price Volatility and Inclusive Growth in Low-Income Countries
Commodity Price Volatility and Inclusive Growth in Low-Income Countries - 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 Commodity Price Volatility and Inclusive Growth in Low-Income Countries write by Mr.Rabah Arezki. This book was released on 2012-10-24. Commodity Price Volatility and Inclusive Growth in Low-Income Countries available in PDF, EPUB and Kindle. 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.
Natural Resources, Neither Curse nor Destiny
Natural Resources, Neither Curse nor Destiny - 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 Natural Resources, Neither Curse nor Destiny write by Daniel Lederman. This book was released on 2006-10-23. Natural Resources, Neither Curse nor Destiny available in PDF, EPUB and Kindle. '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.
Reducing Natural Resource Dependency for Economic Growth in Resource Rich Countries
Reducing Natural Resource Dependency for Economic Growth in Resource Rich Countries - 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 Reducing Natural Resource Dependency for Economic Growth in Resource Rich Countries write by Goran M. Muhamad. This book was released on 2023-07-21. Reducing Natural Resource Dependency for Economic Growth in Resource Rich Countries available in PDF, EPUB and Kindle. This book examines the reduction of natural resource revenue dependency in resource-rich countries. Such countries experience lower economic growth due to factors of high volatility in commodity prices, reduction in accountability, undermining of the competitiveness of other economic sectors, and weak power of institutions. The analysis is based on an identified gap in the literature regarding how private sector development and public sector development affect the degree of dependency on resource revenue in natural resource-rich countries. This book studies the interaction between private and public sector development with dependency on natural resources, specifically exploring whether the two diversified factors lead to a decrease in the degree of dependency, which is important for economic growth and to overcome the "resource curse". Economic diversification is viewed as a long-term solution to the high economic dependency from natural resources. Private sector development and public sector reforms may lead to this diversification. The analysis of the book helps to shed light on private sector development, public services sector privatization, and a taxation system to diversify sources of income, with the objective to reduce dependency on natural resources extraction. This book is an invaluable read for public policymakers, the public and private sectors, law makers, and scholars of developmental studies.
Multisector Growth Models
Multisector Growth Models - 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 Multisector Growth Models write by Terry L. Roe. This book was released on 2009-10-03. Multisector Growth Models available in PDF, EPUB and Kindle. The primary objective of this book is to advance the state of the art in specifying and ?tting to data structural multi-sector dynamic macroeconomic models, and empirically implementing them. The fundamental construct upon which we build is the Ramsey model. A most attractive feature of this model is the insights it provides into the dynamics of an economy in tr- sition to long-run equilibrium. With some exceptions, Ramsey models are highly aggregated – typically single sector models. However, interest often lies in understanding the forces of e- nomic growth across multiple sectors of an economy and on how policy impacts likely play out over time. Such analyses call for moredisaggregatedmodelsthatcanbe?ttocountryorregional data.Thisbookshowshowto:(i)extendthebasicmodeltom- tiple sectors, (ii) how to adapt the basic model to account for policy instruments, and (iii) ?t the model to data, and obtain equilibrium values both forward and backward in time from the data points to which the model is initially ?t.
