Examining Government Expenditure And Economic Growth In A Natural Resource Based Economy PDF Download
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Author | : Ghazi Abdulaziz Joharji |
Publisher | : |
Total Pages | : 400 |
Release | : 2009 |
Genre | : Economic development |
ISBN | : |
Download Examining Government Expenditure and Economic Growth in a Natural Resource Based Economy Book in PDF, ePub and Kindle
Author | : Naazneen Barma |
Publisher | : World Bank Publications |
Total Pages | : 303 |
Release | : 2011-12-08 |
Genre | : Business & Economics |
ISBN | : 0821387162 |
Download Rents to Riches? Book in PDF, ePub and Kindle
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.
Author | : Edward Barbier |
Publisher | : Cambridge University Press |
Total Pages | : 438 |
Release | : 2005 |
Genre | : Business & Economics |
ISBN | : 9780521706513 |
Download Natural Resources and Economic Development Book in PDF, ePub and Kindle
A comprehensive analysis of natural resource use and economic development in poor countries, first published in 2005.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 170 |
Release | : 2009-01-27 |
Genre | : |
ISBN | : 9264060251 |
Download DAC Guidelines and Reference Series Natural Resources and Pro-Poor Growth The Economics and Politics Book in PDF, ePub and Kindle
Natural capital constitutes a quarter of total wealth in low-income countries. This publication demonstrates that natural resources can contribute to growth, employment, exports and fiscal revenues and highlights the importance of policies encouraging the sustainable management of these resources.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 30 |
Release | : 1989-05-15 |
Genre | : Business & Economics |
ISBN | : 1451974159 |
Download Government Expenditure and Economic Growth Book in PDF, ePub and Kindle
This paper examines the empirical evidence on the contribution that government and, in particular, capital expenditure make to the growth performance of a sample of developing countries. Using the Denison growth accounting approach, this study finds that social expenditures may have a significant impact on growth in the short run, but infrastructure expenditures may have little influence. While current expenditures for directly productive purposes may exert a positive influence, capital expenditure in these sectors appears to exert a negative influence. Experiments with other explanatory variables confirm the importance of the growth of exports to the overall growth rate.
Author | : Goran M. Muhamad |
Publisher | : Springer Nature |
Total Pages | : 212 |
Release | : 2023-07-21 |
Genre | : Business & Economics |
ISBN | : 9819936403 |
Download Reducing Natural Resource Dependency for Economic Growth in Resource Rich Countries Book in PDF, ePub and Kindle
This book examines the reduction of natural resource revenue dependency in resource-rich countries. Such countries experience lower economic growth due to factors of high volatility in commodity prices, reduction in accountability, undermining of the competitiveness of other economic sectors, and weak power of institutions. The analysis is based on an identified gap in the literature regarding how private sector development and public sector development affect the degree of dependency on resource revenue in natural resource-rich countries. This book studies the interaction between private and public sector development with dependency on natural resources, specifically exploring whether the two diversified factors lead to a decrease in the degree of dependency, which is important for economic growth and to overcome the "resource curse". Economic diversification is viewed as a long-term solution to the high economic dependency from natural resources. Private sector development and public sector reforms may lead to this diversification. The analysis of the book helps to shed light on private sector development, public services sector privatization, and a taxation system to diversify sources of income, with the objective to reduce dependency on natural resources extraction. This book is an invaluable read for public policymakers, the public and private sectors, law makers, and scholars of developmental studies.
Author | : Andrey Vavilov |
Publisher | : Springer Nature |
Total Pages | : 314 |
Release | : 2021-08-03 |
Genre | : Business & Economics |
ISBN | : 3030767531 |
Download Natural Resource Pricing and Rents Book in PDF, ePub and Kindle
This book examines the economics of natural resource markets and pricing, as well as the field of natural resource economics in general. It presents the key contributions to this field of research, including the pioneering works and contemporary studies. The book highlights the basic principles and ideas underlying theoretical models of resource pricing. The models considered in the book underline the fundamental determinants of resource prices and the economic nature of rents for non-renewable and renewable resources. Besides the classical theory of exhaustible resource economics, the book includes several issues that are of high importance for global economic growth, such as the transition to alternative energy and the economics of climate change. The authors also consider the issues of commodity pricing and a resource cartel’s activity that are relevant to the world oil market. The book provides analytical solutions illustrated with numerical examples. It allows an intuitive understanding of the subject and the model inferences through graphical illustrations and an informal introduction. It, therefore, is a must-read for everybody interested in a better understanding of resource prices, resource markets, and resource economics.
Author | : Jörg Mayer |
Publisher | : Edward Elgar Publishing |
Total Pages | : 240 |
Release | : 1999-05-26 |
Genre | : Business & Economics |
ISBN | : 9781782541295 |
Download Development Policies in Natural Resource Economies Book in PDF, ePub and Kindle
An examination of the factors that influence economic growth and sustainable development in countries with a significant natural resource sector. It looks at how to make the primary sector sufficiently productive to provide for investment in both itself and other sectors of the economy.
Author | : John M. Hartwick |
Publisher | : HarperCollins Publishers |
Total Pages | : 552 |
Release | : 1986 |
Genre | : Nature |
ISBN | : |
Download The Economics of Natural Resource Use Book in PDF, ePub and Kindle
This text is an examination of the economics of using natural resources in the modern economy. Presenting economic concepts essential to examining how resources can be sustained, extracted and harvested extensive use is made of diagrams and accompanying algebraic models.
Author | : R. M. Auty |
Publisher | : Oxford University Press |
Total Pages | : 357 |
Release | : 2001-06-28 |
Genre | : Business & Economics |
ISBN | : 0199246882 |
Download Resource Abundance and Economic Development Book in PDF, ePub and Kindle
Since the 1960s the per capita incomes of the resource-poor countries have grown significantly faster than those of the resource-abundant countries. In fact, in recent years economic growth has been inversely proportional to the share of natural resource rents in GDP, so that the small mineral-driven economies have performed least well and the oil-driven economies worst of all. Yet the mineral-driven resource-rich economies have high growth potential because the mineral exportsboost their capacity to invest and to import."Resource Abundance and Economic Development" explains the disappointing performance of resource-abundant countries by extending the growth accounting framework to include natural and social capital. The resulting synthesis identifies two contrasting development trajectories: the competitive industrialization of the resource-poor countries and the staple trap of many resource-abundant countries. The resource-poor countries are less prone to policy failure than the resource-abundant countriesbecause social pressures force the political state to align its interests with the majority poor and follow relatively prudent policies. Resource-abundant countries are more likely to engender political states in which vested interests vie to capture resource surpluses (rents) at the expense of policycoherence. A longer dependence on primary product exports also delays industrialization, heightens income inequality, and retards skill accumulation. Fears of 'Dutch disease' encourage efforts to force industrialization through trade policy to protect infant industry. The resulting slow-maturing manufacturing sector demands transfers from the primary sector that outstrip the natural resource rents and sap the competitiveness of the economy.The chapters in this collection draw upon historical analysis and models to show that a growth collapse is not the inevitable outcome of resource abundance and that policy counts. Malaysia, a rare example of successful resource-abundant development, is contrasted with Ghana, Bolivia, Saudi Arabia, Mexico, and Argentina, which all experienced a growth collapse. The book also explores policies for reviving collapsed economies with reference to Costa Rica, South Africa, Russia and Central Asia. Itdemonstrates the importance of initial conditions to successful economic reform.