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A Farewell to Elms

Nicholas P. Money

in Triumph of the Fungi: A Rotten History

Published in print:
2006
Published Online:
September 2007
ISBN:
9780195189711
eISBN:
9780199790265
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195189711.003.0002
Subject:
Biology, Microbiology

This chapter describes the global pandemic of Dutch elm disease caused by the fungus, Ophiostoma ulmi. Dutch elm disease was the worst epidemic of urban trees in history. Besides the fascinating ... More


How Small Countries Negotiate Change Twenty‐Five Years of Policy Adjustment in Austria, the Netherlands, and Belgium

Anton Hemerijck, Brigitte Unger, and Jelle Visser

in Welfare and Work in the Open Economy Volume II: Diverse Responses to Common Challenges in Twelve Countries

Published in print:
2000
Published Online:
November 2003
ISBN:
9780199240920
eISBN:
9780191600180
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199240922.003.0005
Subject:
Political Science, Comparative Politics

Although Austria, the Netherlands, and Belgium are so seemingly alike in their tightly coupled, consociational, and corporatist democratic structures and in the “Bismarckian” origin of their welfare ... More


Breaking the Natural Resource Constraint

Yujiro Hayami and Yoshihisa Godo

in Development Economics: From the Poverty to the Wealth of Nations

Published in print:
2005
Published Online:
October 2005
ISBN:
9780199272709
eISBN:
9780191602870
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199272700.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental

The world has so far avoided dismal predictions by Malthus and Ricardo on the inexorable consequences of population growth with the application of science to the development of technology geared ... More


Modernity, Imitation, and Performance: The Gulf States’ Funds

Gordon L. Clark, Adam D. Dixon, and Ashby H. B. Monk

in Sovereign Wealth Funds: Legitimacy, Governance, and Global Power

Published in print:
2013
Published Online:
October 2017
ISBN:
9780691142296
eISBN:
9781400846511
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691142296.003.0008
Subject:
Economics and Finance, International

This chapter first looks at the problems associated with managing resource riches, referencing academic literature that coined the phrase “Dutch disease” (resource wealth may be lost by virtue of ... More


Macroeconomic Balance

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/9780198787174.003.0006
Subject:
Economics and Finance, Macro- and Monetary Economics

One of the biggest challenges from petroleum wealth comes from a subsequent loss of international competitiveness. Resource wealth can easily inflate the local economy, making it more difficult for ... More


A Latin American De-industrialization Illustration: Mexican Exceptionalism

Jeffrey G. Williamson

in Trade and Poverty: When the Third World Fell Behind

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262015158
eISBN:
9780262295727
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262015158.003.0114
Subject:
Economics and Finance, Economic History

This chapter examines the sources of Mexican exceptionalism. Mexico’s rate of de-industrialization was far less than elsewhere in the periphery, suggesting that either Dutch disease forces were ... More


Breaking the Resource Constraint

Yujiro Hayami

in Development Economics: From the Poverty to the Wealth of Nations

Published in print:
2001
Published Online:
November 2003
ISBN:
9780199243976
eISBN:
9780191596377
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199243972.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental

The world has so far avoided dismal predictions by Malthus and Ricardo on the inexorable consequences of population growth with the application of science to the development of technology geared ... More


Introduction

Nimah Mazaheri

in Oil Booms and Business Busts: Why Resource Wealth Hurts Entrepreneurs in the Developing World

Published in print:
2016
Published Online:
June 2016
ISBN:
9780190490218
eISBN:
9780190490232
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190490218.003.0001
Subject:
Political Science, Political Economy, Environmental Politics

Countries with abundant oil wealth are more likely to impose a host of barriers to the activities of domestic firms and entrepreneurs. This is a serious problem for these countries because the nature ... More


The Economics of Third World Growth Engines and Dutch Diseases

Jeffrey G. Williamson

in Trade and Poverty: When the Third World Fell Behind

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262015158
eISBN:
9780262295727
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262015158.003.0055
Subject:
Economics and Finance, Economic History

This chapter explores the economics of de-industrialization and the so-called Dutch disease in the poor periphery. It is organized as follows. Section 4.2 repeats the standard arguments for the gains ... More


Implications for Public Policy

John Page and Finn Tarp

in Mining for Change: Natural Resources and Industry in Africa

Published in print:
2020
Published Online:
March 2020
ISBN:
9780198851172
eISBN:
9780191885914
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198851172.003.0020
Subject:
Economics and Finance, Development, Growth, and Environmental

Natural resources can make diversification and structural change more challenging. This chapter focuses on why public policy matters. International competitiveness depends on both relative prices and ... 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


The Boom, the Bust, and the Dynamics of Oil Resource Management in Ghana

Ernest Aryeetey and Ishmael Ackah

in Mining for Change: Natural Resources and Industry in Africa

Published in print:
2020
Published Online:
March 2020
ISBN:
9780198851172
eISBN:
9780191885914
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198851172.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental

Oil resources are neither a curse nor a blessing. In order to translate Ghana’s oil resources into inclusive development amid high expectations, several laws and regulations have been passed and new ... More


Wealth Management

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/9780198787174.003.0007
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter deals with another aspect of wealth management: the utility of petroleum investment funds (or sovereign wealth funds) to protect the domestic economy from Dutch Disease and the ... More


Sustainable Management of Natural Resource Wealth

Rick van der Ploeg

in National Wealth: What is Missing, Why it Matters

Published in print:
2017
Published Online:
October 2017
ISBN:
9780198803720
eISBN:
9780191844119
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198803720.003.0019
Subject:
Economics and Finance, International, Development, Growth, and Environmental

The principles of how best to manage the various components of national wealth are outlined, where the permanent income hypothesis, the Hotelling rule, and the Hartwick rule play a prominent role. A ... 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


Australia—The Hidden Jewel

Mahesh K. Joshi and J.R. Klein

in Global Business

Published in print:
2018
Published Online:
September 2018
ISBN:
9780198827481
eISBN:
9780191866388
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198827481.003.0012
Subject:
Business and Management, Political Economy

The twenty-first century is being touted as the Asian century. With its stable economy, good governance, education system, and above all the abundant natural resources, will Australia to take its ... More


Oil and Natural Gas Royalties and Social Development in Brazil

Yanko Marcius de Alençar Xavier and Anderson Souza da Silva Lanzillo

in Sharing the Costs and Benefits of Energy and Resource Activity: Legal Change and Impact on Communities

Published in print:
2016
Published Online:
June 2016
ISBN:
9780198767954
eISBN:
9780191821783
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198767954.003.0016
Subject:
Law, Environmental and Energy Law

This chapter analyzes the new system of oil and gas royalties introduced by the pre-salt layer law and the ways in which this new legislation promotes social development in Brazil. Concern over the ... More


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