Resource abundance and economic development / edited by R.M. Auty.

Format:

Book

Contributor:

Auty, R. M. (Richard M.)

World Institute for Development Economics Research.

Series:

WIDER Studies in Development Economics Ser.

Language:

English

Subjects (All):

Natural resources.

Sustainable development.

Economic development.

Physical Description:

xiii, 340 p. : ill.

Edition:

1st ed.

Place of Publication:

Oxford [England] ; New York : Oxford University Press, 2001.

Summary:

Since the 1960s the resource-poor countries have grown much faster than the resource-rich ones. This reflects basic differences in the speed of industrialization and the nature of the political state that are rooted in the natural resource endowment. Most resource-rich countries experienced a growth collapse in the 1960s and 1970s. This book shows how policies for economic recovery must be adapted to reflect differences in the natural resource base and type ofpolitical state.

Contents:

Intro

Contents

List of Tables

List of Figures

List of Contributors

Part I.Introduction

1. Introduction and Overview

Part II. Critical Parameters in Resource-Based Development Models

2. Natural Resources, Capital Accumulation, Structural Change, and Welfare

3. The Sustainability of Extractive Economies

4. Natural Resources, Human Capital, and Growth

5. The Social Foundations of Poor Economic Growth in Resource-Rich Countries

Part III. Long-Term Perspective on, and Models of, Resource-Based Growth

6. Natural Resources and Economic Development: The 1870-1914 Experience

7. Short-Run Models of Contrasting Natural Resource Endowments

8. Political Economy of Resource-Abundant States

Part IV. Development Trajectories of Resource-Abundant Countries

9. Competitive Industrialization with Natural Resource Abundance: Malaysia

10. A Growth Collapse with Diffuse Resources: Ghana

11. A Growth Collapse with Point Resources: Bolivia

12. A Growth Collapse with High Rent Point Resources: Saudi Arabia

13. Large Resource-Abundant Countries Squander their Size Advantage: Mexico and Argentina

Part V. Lessons for Policy Reform

14. Reforming a Small Resource-Rich Developing Market Economy: Costa Rica

15. Growth, Capital Accumulation, and Economic Reform in South Africa

16. Reforming Resource-Abundant Transition Economies: Kazakhstan and Uzbekistan

17. Reforming a Large Resource-Abundant Transition Economy: Russia

18. A Nordic Perspective on Natural Resource Abundance

Part VI. Conclusions

19. Conclusions: Resource Abundance, Growth Collapses, and Policy

Index

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

Y

Z.

Notes:

"A study prepared for the World Institute for Development Economics Research of the United Nations University (UNC/WIDER)."

Includes bibliographical references and index.

Description based on publisher supplied metadata and other sources.

ISBN:

9780191529931

0191529931

OCLC:

310958254