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Political Economy and Natural Resource Use

López Ramón and Michael A. Toman

in Economic Development and Environmental Sustainability: New Policy Options

Published in print:
2006
Published Online:
September 2006
ISBN:
9780199298006
eISBN:
9780191603877
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199298009.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter examines evidence on the four ways in which a nation’s political system and its natural resource use are linked. First, when property rights to resources are weak, competition to acquire ... More


The Macroeconomics of the Arab States of the Gulf

Raphael Espinoza, Ghada Fayad, and Ananthakrishnan Prasad

Published in print:
2013
Published Online:
January 2014
ISBN:
9780199683796
eISBN:
9780191763373
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199683796.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

The GCC countries have thus far managed to leverage their large natural resource wealth to achieve economic prosperity and finance social advances, and have also emerged as important sources of funds ... More


The Curse of the One-size-fits-all Fix: Re-evaluating What We Know about Extractives and Economic Development

Glada Lahn and Paul Stevens

in Extractive Industries: The Management of Resources as a Driver of Sustainable Development

Published in print:
2018
Published Online:
November 2018
ISBN:
9780198817369
eISBN:
9780191858871
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198817369.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental

In the context of falls in extractive commodities prices since 2011, this chapter examines the history of thinking about the interplay between extractive industries and economic development. Just as ... More


Aid and Rent‐driven Growth: Mauritania, Kenya, and Mozambique Compared

Richard M. Auty

in Foreign Aid for Development: Issues, Challenges, and the New Agenda

Published in print:
2010
Published Online:
May 2010
ISBN:
9780199580934
eISBN:
9780191723346
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199580934.003.0014
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter conceptualises foreign aid as a geopolitical form of rent in order to help distinguish the conditions under which aid is detrimental to sustained economic recovery from those where it is ... More


Oil, Volatility, and Institutions: Cross-Country Evidence from Major Oil Producers

Amany El-Anshasy, Kamiar Mohaddes, and Jeffrey B. Nugent

in Institutions and Macroeconomic Policies in Resource-Rich Arab Economies

Published in print:
2019
Published Online:
July 2019
ISBN:
9780198822226
eISBN:
9780191861208
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198822226.003.0003
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter examines the long-run effects of oil revenue and its volatility on economic growth, as well as the role of institutions in this relationship. We collect annual and monthly data on 17 ... More


The Resource Curse and Transparency

Charles Cater

in International Development: Ideas, Experience, and Prospects

Published in print:
2014
Published Online:
April 2014
ISBN:
9780199671656
eISBN:
9780191751127
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199671656.003.0024
Subject:
Economics and Finance, Development, Growth, and Environmental

Transparency-based policies are currently the principal approach to mitigating the resource curse in developing countries, particularly with respect to corruption and conflict. Policy making often ... More


Resource Extraction and Inclusive Development: Extending the Bases of the Political Settlements Approach

Anthony Bebbington, Abdul-Gafaru Abdulai, Denise Humphreys Bebbington, Marja Hinfelaar, Cynthia A. Sanborn, Jessica Achberger, Celina Grisi Huber, Verónica Hurtado, Tania Ramírez, and Scott D. Odell

in Governing Extractive Industries: Politics, Histories, Ideas

Published in print:
2018
Published Online:
July 2018
ISBN:
9780198820932
eISBN:
9780191860478
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198820932.003.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter develops a conceptual framework for understanding the politics of extractive industry governance. Building from the work of Karl, Ross, Watts, and others, and their efforts to understand ... More


The Determinants of Long-Term Growth in the GCC Countries

Raphael Espinoza, Ghada Fayad, and Ananthakrishnan Prasad

in The Macroeconomics of the Arab States of the Gulf

Published in print:
2013
Published Online:
January 2014
ISBN:
9780199683796
eISBN:
9780191763373
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199683796.003.0002
Subject:
Economics and Finance, Macro- and Monetary Economics

GDP growth in the GCC has been considerably higher than in advanced economies and other oil exporters outside the region since 1986. The chapter shows that the GCC countries have swiftly accumulated ... More


Fiscal Institutions and Macroeconomic Management in the United Arab Emirates

Raimundo Soto

in Institutions and Macroeconomic Policies in Resource-Rich Arab Economies

Published in print:
2019
Published Online:
July 2019
ISBN:
9780198822226
eISBN:
9780191861208
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198822226.003.0012
Subject:
Economics and Finance, Macro- and Monetary Economics

The UAE has seemingly escaped “the natural resource curse”: it is one of the richest countries in the world and ranks comparatively highly on business environment, infrastructure, and institutional ... More


Introduction

Jonathon W. Moses and Bjørn Letnes

in Managing Resource Abundance and Wealth: The Norwegian Experience

Published in print:
2017
Published Online:
June 2017
ISBN:
9780198787174
eISBN:
9780191829260
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198787174.003.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

It is common, if problematic, to refer to the Norwegian model of resource management as a blueprint for developing countries that wish to avoid the Paradox of Plenty. This introductory chapter lays ... More


Extractives for Development: Introduction and Ten Main Messages

Tony Addison and Alan Roe

in Extractive Industries: The Management of Resources as a Driver of Sustainable Development

Published in print:
2018
Published Online:
November 2018
ISBN:
9780198817369
eISBN:
9780191858871
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198817369.003.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

Countries face both challenges and opportunities in using their extractive industries to achieve more inclusive development—particularly in the developing world. Extractive industries have shaped ... More


Introductory Chapter

Raphael Espinoza, Ghada Fayad, and Ananthakrishnan Prasad

in The Macroeconomics of the Arab States of the Gulf

Published in print:
2013
Published Online:
January 2014
ISBN:
9780199683796
eISBN:
9780191763373
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199683796.003.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

The countries of the Gulf Cooperation Council (GCC) have gone through considerable changes in the last decade. With the increasing sophistication of their market economies and the growing global ... More


Managing Resource Abundance and Wealth: The Norwegian Experience

Jonathon W. Moses and Bjørn Letnes

Published in print:
2017
Published Online:
June 2017
ISBN:
9780198787174
eISBN:
9780191829260
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198787174.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

Managing Resource Abundance and Wealth: The Norwegian Experience describes how Norway has created new institutions and policies, and employed good macroeconomic management techniques, administrative ... More


Conclusions: Interpreting the Politics of Natural Resource Extraction

Anthony Bebbington, Abdul-Gafaru Abdulai, Denise Humphreys Bebbington, Marja Hinfelaar, Cynthia A. Sanborn, Jessica Achberger, Celina Grisi Huber, Verónica Hurtado, Tania Ramírez, and Scott D. Odell

in Governing Extractive Industries: Politics, Histories, Ideas

Published in print:
2018
Published Online:
July 2018
ISBN:
9780198820932
eISBN:
9780191860478
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198820932.003.0006
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter synthesizes findings from Bolivia, Ghana, Peru, and Zambia. It concludes that political settlements influence the relationships between resource-dependent economies and patterns of ... More


The Isolated Periphery

Daniel W. Bromley

in Possessive Individualism: A Crisis of Capitalism

Published in print:
2020
Published Online:
October 2019
ISBN:
9780190062842
eISBN:
9780190062873
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190062842.003.0005
Subject:
Economics and Finance, Economic History, Economic Systems

Possessive individualism afflicts countries at the periphery of the rich metropole that are also trapped by economic isolation, dysfunctional governance, and social alienation. Households in these ... More


Conclusion

Jonathon W. Moses and Bjørn Letnes

in Managing Resource Abundance and Wealth: The Norwegian Experience

Published in print:
2017
Published Online:
June 2017
ISBN:
9780198787174
eISBN:
9780191829260
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198787174.003.0011
Subject:
Economics and Finance, Macro- and Monetary Economics

There is broad recognition that Norway manages its natural resources successfully. Policymakers are flocking to Norway to try to learn the lessons provided by the Norwegian model. This book describes ... More


The Norwegian Petroleum Administration

Jonathon W. Moses and Bjørn Letnes

in Managing Resource Abundance and Wealth: The Norwegian Experience

Published in print:
2017
Published Online:
June 2017
ISBN:
9780198787174
eISBN:
9780191829260
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198787174.003.0004
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter establishes the broad parameters for oil management. It considers the threat of the Resource Curse, and what can be done to address the challenges of corruption, and the imbalance of ... More


Conclusions

Tony Addison and Alan Roe

in Extractive Industries: The Management of Resources as a Driver of Sustainable Development

Published in print:
2018
Published Online:
November 2018
ISBN:
9780198817369
eISBN:
9780191858871
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198817369.003.0033
Subject:
Economics and Finance, Development, Growth, and Environmental

The extractive industries have invariably occupied a somewhat uncomfortable position in development debate and practice. The very word ‘extraction’ conjures up images of forceful (and painful) ... More


United States’ Approaches to Expanding Energy Access

Jason E. Bordoff

in Energy Poverty: Global Challenges and Local Solutions

Published in print:
2014
Published Online:
January 2015
ISBN:
9780199682362
eISBN:
9780191762925
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199682362.003.0018
Subject:
Economics and Finance, Development, Growth, and Environmental

Even as the energy landscape is transformed by technological innovations for both fossil fuel and renewable production, 1.3 billion people globally still cannot turn on the lights. In the race ... More


Government Spending, Subsidies, and Economic Efficiency

Raphael Espinoza, Ghada Fayad, and Ananthakrishnan Prasad

in The Macroeconomics of the Arab States of the Gulf

Published in print:
2013
Published Online:
January 2014
ISBN:
9780199683796
eISBN:
9780191763373
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199683796.003.0004
Subject:
Economics and Finance, Macro- and Monetary Economics

Public investment and subsidies can be inefficient, but in the GCC these are crucial engines of growth. Subsidies are also used to redistribute oil windfalls, and the problem of a government that ... More


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