The Institutions Curse
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Author | : Victor Menaldo |
Publisher | : Cambridge University Press |
Total Pages | : 417 |
Release | : 2016-08-25 |
Genre | : Business & Economics |
ISBN | : 1107138604 |
Download The Institutions Curse Book 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.
Author | : Michael L. Ross |
Publisher | : Princeton University Press |
Total Pages | : 314 |
Release | : 2013-09-08 |
Genre | : Political Science |
ISBN | : 0691159637 |
Download The Oil Curse Book 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.
Author | : Sevil Acar |
Publisher | : Springer |
Total Pages | : 250 |
Release | : 2017-02-20 |
Genre | : Business & Economics |
ISBN | : 1137587237 |
Download The Curse of Natural Resources Book 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.
Author | : Mr.Arvind Subramanian |
Publisher | : International Monetary Fund |
Total Pages | : 47 |
Release | : 2003-07-01 |
Genre | : Nature |
ISBN | : 1451856067 |
Download Addressing the Natural Resource Curse Book in PDF, Epub and Kindle
Some natural resources-oil and minerals in particular-exert a negative and nonlinear impact on growth via their deleterious impact on institutional quality. We show this result to be very robust. The Nigerian experience provides telling confirmation of this aspect of natural resources. Waste and poor institutional quality stemming from oil appear to have been primarily responsible for Nigeria's poor long-run economic performance. We propose a solution for addressing this resource curse which involves directly distributing the oil revenues to the public. Even with all the difficulties that will no doubt plague its actual implementation, our proposal will, at the least, be vastly superior to the status quo. At best, however, it could fundamentally improve the quality of public institutions and, as a result, durably raise long-run growth performance.
Author | : Pauline Jones Luong |
Publisher | : Cambridge University Press |
Total Pages | : |
Release | : 2010-08-23 |
Genre | : Political Science |
ISBN | : 1139491156 |
Download Oil Is Not a Curse Book in PDF, Epub and Kindle
This book makes two central claims: first, that mineral-rich states are cursed not by their wealth but, rather, by the ownership structure they choose to manage their mineral wealth and second, that weak institutions are not inevitable in mineral-rich states. Each represents a significant departure from the conventional resource curse literature, which has treated ownership structure as a constant across time and space and has presumed that mineral-rich countries are incapable of either building or sustaining strong institutions - particularly fiscal regimes. The experience of the five petroleum-rich Soviet successor states (Azerbaijan, Kazakhstan, the Russian Federation, Turkmenistan, and Uzbekistan) provides a clear challenge to both of these assumptions. Their respective developmental trajectories since independence demonstrate not only that ownership structure can vary even across countries that share the same institutional legacy but also that this variation helps to explain the divergence in their subsequent fiscal regimes.
Author | : Victor Menaldo |
Publisher | : Cambridge University Press |
Total Pages | : 417 |
Release | : 2016-08-16 |
Genre | : Political Science |
ISBN | : 1316679470 |
Download The Institutions Curse Book in PDF, Epub and Kindle
The 'resource curse' is the view that countries with extensive natural resources tend to suffer from a host of undesirable outcomes, including the weakening of state capacity, authoritarianism, fewer public goods, war, and economic stagnation. This book debunks this view, arguing that there is an 'institutions curse' rather than a resource curse. Legacies endemic to the developing world have impelled many countries to develop natural resources as a default sector in lieu of cultivating modern and diversified economies, and bad institutions have also condemned nations to suffer from ills unduly attributed to minerals and oil. Victor Menaldo also argues that natural resources can actually play an integral role in stimulating state capacity, capitalism, industrialization, and democracy, even if resources are themselves often a symptom of underdevelopment. Despite being cursed by their institutions, weak states are blessed by their resources: greater oil means more development, both historically and across countries today.
Author | : Aled Williams |
Publisher | : Edward Elgar Publishing |
Total Pages | : 191 |
Release | : 2017-01-27 |
Genre | : Law |
ISBN | : 1785361201 |
Download Corruption, Natural Resources and Development Book in PDF, Epub and Kindle
This book provides a fresh and extensive discussion of corruption issues in natural resources sectors. Reflecting on recent debates in corruption research and revisiting resource curse challenges in light of political ecology approaches, this volume provides a series of nuanced and policy-relevant case studies analyzing patterns of corruption around natural resources and options to reach anti-corruption goals. The potential for new variations of the resource curse in the forest and urban land sectors and the effectiveness of anti-corruption policies in resource sectors are considered in depth. Corruption in oil, gas, mining, fisheries, biofuel, wildlife, forestry and urban land are all covered, and potential solutions discussed.
Author | : Ibrahim Elbadawi |
Publisher | : Cambridge University Press |
Total Pages | : 497 |
Release | : 2016-07-14 |
Genre | : Business & Economics |
ISBN | : 1107141729 |
Download Understanding and Avoiding the Oil Curse in Resource-rich Arab Book in PDF, Epub and Kindle
A variety of perspectives from leading economists provides fresh insight into how Arab countries may best exploit their oil revenues.
Author | : Carol Lancaster |
Publisher | : Oxford University Press |
Total Pages | : 753 |
Release | : 2018 |
Genre | : Political Science |
ISBN | : 0199845158 |
Download The Oxford Handbook of the Politics of Development Book in PDF, Epub and Kindle
Modernization theory : does economic development cause democratization? / Jose Antonio Cheibub and James Raymond Vreeland -- Dependency theory / James Mahoney and Diana Rodriguez-Franco -- Structuralism / Elliott Green -- Political development / Robert H. Bates -- The Washington Consensus and the new political economy of economic reform / Kevin Morrison -- Penury traps and prosperity tales : why some countries escape poverty while others do not / M. Steven Fish -- Culture, politics and development / Michael Woolcock -- Religion, politics and economic development : synergies and disconnects / Katherine Marshall -- Does inequality harm economic development and democracy? : accounting for missing values, noncomparable observations, and endogeneity / Christian Houle -- Ethnicity and development / Nic Cheeseman -- Civil conflict and development / Håvard Hegre -- The politics of the resource curse : a review / Michael L. Ross -- Taxation and development / Mick Moore -- How do governments build capabilities to do great things? : ten cases, two competing explanations, one large research agenda / Matt Andrews -- Leadership and the politics of development / Adrian Leftwich and Heather Lyne De Ver -- Colonialism and development in africa / Leander Heldring and James A. Robinson -- Investment and debt / Layna Mosley -- The role of the state in harnessing trade-and-investment for development purposes / Theodore H. Moran -- International financial institutions and market liberalization in the developing world / Stephen C. Nelson -- Foreign aid and democratization in developing countries / Danielle Resnick -- Organizing for prosperity : collective action, political parties, and the political economy of development / Philip Keefer -- Missing links in the institutional chain / Anirudh Krishna -- The comparative politics of service delivery in developing countries / Evan S. Lieberman -- Party systems and the politics of development / Allen Hicken -- Populism and political representation / Kenneth M. Roberts -- Africa's political economy in the contemporary era / Peter M. Lewis -- The politics of development in Latin America and East Asia / James W. McGuire -- Development and underdevelopment in the Middle East and North Africa / Melani Cammett -- Rethinking the institutional foundations of china's hypergrowth : official incentives, institutional constraints, and local developmentalism / Fubing Su, Ran Tao, and Dali L. Yang -- The politics of growth in South Korea : miracle, crisis, and the new market economy / Stephan Haggard and Myung-Koo Kang
Author | : Jack Knight |
Publisher | : Cambridge University Press |
Total Pages | : 256 |
Release | : 1992-10-30 |
Genre | : Political Science |
ISBN | : 9780521421898 |
Download Institutions and Social Conflict Book in PDF, Epub and Kindle
A thorough critique of theories of institutional change followed by the development of a new theory emphasising the role of distributional conflict in the emergence of social institutions.