The Resource 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 Resource Curse write by Syed Mansoob Murshed. This book was released on 2018. The Resource Curse available in PDF, EPUB and Kindle. The "resource curse," or "paradox of plenty," refers to the long-established notion central in development economics that countries rich in natural resources, particularly minerals and fuels, perform less well economically than countries with fewer natural resources. In other words, resources are an economic curse rather than a blessing. This short primer explores the complexities of this idea and the debates that surround it, in particular under what conditions the resource curse might operate, if not universal. Discussion ranges over the nature of resource booms, the benefits and costs of export-led growth, the problems of deindustrialization and manufacturing base erosion, rent-seeking behavior and corruption, and the empirical evidence of the effects of natural resource dependence on growth. The treatment is nontechnical and accessible, drawing throughout on a range of illustrative examples from across the developed and developing world. The Resource Curse offers an authoritative introduction to one of the most perplexing issues of economic growth.
Beyond the Resource Curse
Beyond the Resource 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 Beyond the Resource Curse write by Brenda Shaffer. This book was released on 2011-12-30. Beyond the Resource Curse available in PDF, EPUB and Kindle. 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.
The Oil Curse
The Oil 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 Oil Curse write by Michael L. Ross. This book was released on 2013-09-08. The Oil Curse available in PDF, EPUB and Kindle. 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.
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.
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.
