Natural Resources: Neither Curse Nor Destiny - Couverture rigide

Livre 10 sur 40: Latin American Development Forum
 
9780804757089: Natural Resources: Neither Curse Nor Destiny

Synopsis

For almost as long as economics has been a profession, the role of natural resources in the promotion of economic growth has been among the core issues of development theory. Some newer theories suggest that natural riches produce institutional weaknesses as various social groups attempt to capture the economic rents derived from the exploitation of natural resources. Since the 1960s, some analysts have argued that resource-rich developing countries have grown more slowly than other developing countries. Nevertheless, we find ourselves in a time when conventional wisdom again postulates that natural resources are indeed riches.

This book brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural resources are neither a curse nor destiny. Natural resources can actually spur economic development when combined with the accumulation of knowledge for economic innovation. Furthermore, natural resource abundance need not be the only determinant of the structure of trade in developing countries. In fact, the accumulation of knowledge, infrastructure, and the quality of governance all seem to determine not only what countries produce and export, but how firms and workers produce any good.

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À propos de l'auteur

Daniel Lederman is a Senior Economist in the Office of the Chief Economist for Latin America and the Caribbean at the World Bank. William F. Maloney is Lead Economist in the World Bank's Office of the Chief Economist (LCRCE) of the Latin America and Caribbean region.

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Autres éditions populaires du même titre

9780804757096: Natural Resources: Neither Curse Nor Destiny

Edition présentée

ISBN 10 :  0804757097 ISBN 13 :  9780804757096
Editeur : Stanford University Press, 2006
Couverture souple