The Impact of Natural Resources and Foreign Aid On Governance

The Impact of Natural Resources and Foreign Aid On Governance
Author: Dalia Moharram
Publisher:
Total Pages: 0
Release: 2023
Genre: Africa, North
ISBN:

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Abstract: Theoretical and empirical literature points out the "Curse of Natural Resources" where the abundance of resources in certain countries may hamper economic growth through several channels. The paper extends the previous research and investigates whether higher revenues- not only from natural resources' rent but also from foreign aid- exhibit another type of curse in MENA countries. That is, do higher natural resources rent, and foreign aid erode the quality of institutions as measured by governance indicators in the MENA countries? This research utilizes a panel data fixed-effect model to investigate the abovementioned relationship during the period 2000-2020. The countries are divided into two groups: Gulf Cooperation Council (GCC) countries and the rest of the MENA countries. This research results indicate that natural resource abundance favorably impacts the quality of governance in the GCC countries but not the rest of the MENA countries. While foreign aid does impact the quality of governance in the GCC countries, it erodes this quality in the rest of MENA countries. These results exhibit some critical policy improvements for these countries in the future. Keywords: Natural resources abundance, Foreign aid, Governance, Gulf Cooperation Council (GCC), Middle East and North Africa (MENA) region.

Governing Natural Resources for Africa’s Development

Governing Natural Resources for Africa’s Development
Author: Hany Gamil Besada
Publisher: Routledge
Total Pages: 301
Release: 2016-09-13
Genre: Political Science
ISBN: 1315514230

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Bringing together some of the world’s leading thinkers and policy experts in the area of natural resource governance and management in Africa, this volume addresses the most critical policy issues affecting the continent’s ability to manage and govern its precious resources. The narrative of the book is solutions-driven, as experts weigh on specific issues within the context of Africa’s natural resource governance and offer appropriate policy recommendations on how to best manage the continent’s resources. This is a must-read for government policy makers in industrialized economies and, more importantly, in Africa and emerging economies, as well as for academic researchers working in the field, extractive companies operating on the continent, extractive industry and trade associations, and multilateral and donor aid institutions.

The Oxford Handbook of Governance and Limited Statehood

The Oxford Handbook of Governance and Limited Statehood
Author: Thomas Risse
Publisher: Oxford University Press
Total Pages: 657
Release: 2018
Genre: Political Science
ISBN: 0198797206

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Unpacking the major debates, this Oxford Handbook brings together leading authors of the field to provide a state-of-the-art guide to governance in areas of limited statehood where state authorities lack the capacity to implement and enforce central decision and/or to uphold the monopoly over the means of violence. While areas of limited statehood can be found everywhere - not just in the global South -, they are neither ungoverned nor ungovernable. Rather, a variety of actors maintain public order and safety, as well as provide public goods and services. While external state 'governors' and their interventions in the global South have received special scholarly attention, various non-state actors - from NGOs to business to violent armed groups - have emerged that also engage in governance. This evidence holds for diverse policy fields and historical cases. The Handbook gives a comprehensive picture of the varieties of governance in areas of limited statehood from interdisciplinary perspectives including political science, geography, history, law, and economics. 29 chapters review the academic scholarship and explore the conditions of effective and legitimate governance in areas of limited statehood, as well as its implications for world politics in the twenty-first century. The authors examine theoretical and methodological approaches as well as historical and spatial dimensions of areas of limited statehood, and deal with the various governors as well as their modes of governance. They cover a variety of issue areas and explore the implications for the international legal order, for normative theory, and for policies toward areas of limited statehood.

Rents to Riches?

Rents to Riches?
Author: Naazneen Barma
Publisher: World Bank Publications
Total Pages: 303
Release: 2011-12-08
Genre: Business & Economics
ISBN: 0821387162

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This volume focuses on the political economy surrounding the detailed decisions that governments make at each step of the value chain for natural resource management. From the perspective of public interest or good governance, many resource-dependent developing countries pursue apparently short-sighted and sub-optimal policies in relation to the extraction and capture of resource rents, and to spending and savings from their resource endowments. This work contextualizes these micro-level choices and outcomes.

Assessing Aid

Assessing Aid
Author:
Publisher: World Bank Publications
Total Pages: 164
Release: 1998
Genre: Political Science
ISBN: 9780195211238

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Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.

Natural Resource Exports, Foreign Aid and Terrorism

Natural Resource Exports, Foreign Aid and Terrorism
Author: Simplice Asongu
Publisher:
Total Pages:
Release: 2019
Genre:
ISBN:

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Linkages between foreign aid, terrorism and natural resource (fuel and iron ore) exports are investigated in this study. The focus is on 78 developing countries with data for the period 1984 to 2008. The generalised method of moment is employed as empirical strategy. Three main foreign aid variables are used for the analysis, namely: bilateral aid, multilateral aid and total aid. The corresponding terrorism variables employed are: domestic terrorism, transnational terrorism, unclear terrorism and total terrorism. The following findings are established. First, the criteria informing the validity of specifications corresponding to iron ore exports do not hold. Second, there is evidence of convergence in fuel exports. Third, whereas the unconditional impacts of aid dynamics are not significant, the unconditional impacts of terrorism dynamics are consistently positive on fuel exports. Fourth, the interaction between terrorism and aid dynamics consistently display negative signs, with corresponding modifying aid thresholds within respective ranges. Unexpected signs are elicited and policy implications discussed. Given the unexpected results, an extended analysis is performed in which net effects are computed. These net effects are constitutive of the unconditional effect from terrorism and the conditional impacts from the interaction between foreign aid and terrorism dynamics. Based on the extended analysis, bilateral aid and total aid modulate terrorism dynamics to induce net positive effects on fuel exports while multilateral aid moderates terrorism dynamics to engender negative net effects on fuel exports. The research improves extant knowledge on nexuses between resources, terrorism and foreign aid.

Wanton Deviltry, Or

Wanton Deviltry, Or
Author:
Publisher:
Total Pages:
Release: 194?
Genre:
ISBN:

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National Resources and Foreign Aid

National Resources and Foreign Aid
Author: United States. Department of the Interior
Publisher:
Total Pages: 114
Release: 1947
Genre: Economic assistance, American
ISBN:

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Developing Countries and the United States in the World Economy

Developing Countries and the United States in the World Economy
Author: United States. Congress. House. Committee on Banking and Currency. Ad Hoc Committee on the Domestic and International Monetary Effect of Energy and Other Natural Resource Pricing
Publisher:
Total Pages: 92
Release: 1975
Genre: Balance of payments
ISBN:

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The Impact of Resource Wealth on Economic Growth, Governance, and Conflict in Afghanistan

The Impact of Resource Wealth on Economic Growth, Governance, and Conflict in Afghanistan
Author: Mark C. David
Publisher:
Total Pages: 71
Release: 2013
Genre: Afghanistan
ISBN:

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"Immense natural resource wealth lies buried within Afghan soil. The potential revenue stream resulting from the extraction of minerals and hydrocarbons from the country has been identified as a replacement for international aid and ultimately as a catalyst for self-sustaining economic growth. Political instability and the potential adverse effects of resource abundance in underdeveloped countries, however, pose challenges to this assertion. Afghanistan's long history of aid dependence is used as a proxy measure in this study to assess the impact of large revenue streams on political and economic institutions. While research found that foreign aid had a detrimental effect on institutional quality within Afghanistan, the study also determined that a critical difference exists between the method in which aid was dispersed, and the manner in which large-scale resource revenue payouts will necessarily occur within the country. Initial observations suggest that the realization of the country's economic potential has positively affected government institutions charged with developing the mining sector. While analysis of aid programs in the country shows flaws in governance and monetary policies, there are indications that the incentives induced by the emerging mining sector have triggered a shift toward a future-oriented development strategy amongst political and economic leaders."--Abstract.