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Sustaining Development in Mineral Economies
It is widely believed that natural mineral resources are desirable. However there is growing evidence that this may not always be the case. Indeed, it seems that natural assets can distort the economy to such a degree that the benefit actually becomes a curse. In Sustaining Development in Mineral Economies, Richard Auty highlights these drawbacks and the devastating effect they can have on developing economies. With reference to six ore-exporters (viz. Peru, Bolivia, Chile, Jamaica, Zambia and Papua New Guinea) he outlines how things can go badly wrong. He particularly stresses the need to avoid `Dutch Disease' whereby competitiveness is drained out of the agriculture and manufacturing sectors so that in the long term growth falters.
The Rent Curse
This book compares models of low-rent and high-rent development to explain the divergent growth of regions and to query the continued prioritization of industrialization over agriculture and export services as the engine of economic prosperity.
Sustainable Development in Mineral Economies
This book discusses mineral economies in Botswana, Chile, Colombia, Indonesia, Jamaica, Namibia, Papua New Guinea, Peru, and Trinidad and Tobago.
Resource Abundance and Economic Development
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 n...
Challenging the Orthodoxies
This book provides an up-to-date interdisciplinary critique of the new economic orthodoxy as represented by the Washington Consensus. The originator of the term, John Williamson, updates his original thesis which is then discussed by an interdisciplinary group of scholars that includes economists, environmentalists, political scientists, institutionalists, sociologists and a philosopher. The papers span a range of viewpoints which includes sympathetic modifications to the consensus as well as strong rejections of it.
Handbook of Sustainable Development
This timely and important Handbook takes stock of progress made in our understanding of what sustainable development actually is and how it can be measured and achieved.ø
Advancing Development
This book reflects on current thinking in development economics and on what may happen over the next two decades. As well as studying development economics in retrospect, the volume explores the current debates and challenges and looks forward at the problems that affect the global capacity to achieve the Millennium Development Goals.
Development Policies in Natural Resource Economies
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.
Diversified Development
Eurasian economies have to become efficient more productive, job-creating, and stable. But efficiency is not the same as diversification. Governments need to worry less about the composition of exports and production and more about asset portfolios natural resources, built capital, and economic institutions.
