The Curse of Natural Resources
eBook - PDF

The Curse of Natural Resources

A Developmental Analysis in a Comparative Context

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

The Curse of Natural Resources

A Developmental Analysis in a Comparative Context

About this book

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.

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Yes, you can access The Curse of Natural Resources by Sevil Acar in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Palgrave Macmillan
Year
2017
Print ISBN
9781137587220
eBook ISBN
9781137587237
Topic
Business
Subtopic
Business General
Index
Business

Table of contents

  1. Preface: The Curse of Natural Resources: A Developmental Analysis in A Comparative Context
  2. Acknowledgements
  3. Contents
  4. List of Abbreviations
  5. List of Figures
  6. List of Tables
  7. Chapter 1: Introduction
  8. Chapter 2: Theoretical and Empirical Background
  9. Chapter 3: Natural Resources and Human Development
  10. Chapter 4: Natural Resources and Sustainability
  11. Chapter 5: Two-Country Comparison: Norway versus Sweden
  12. Chapter 6: Conclusion
  13. Appendix A. Calculation of the Hybrid HDI
  14. Appendix B. Summary Statistics for “HybridHDI” Using the Observations in the Sample
  15. Appendix C. Countries in the HDI Sample
  16. Appendix D. Regional Categories
  17. Appendix E. Pooled OLS Regression Outputs (Dependent Variable: HybridHDI)
  18. Appendix F. Fixed Effects Panel Regression Outputs (Dependent Variable: HybridHDI)
  19. Appendix G. Correlation Coefficients for HDI Analysis
  20. Appendix H. Panel Unit Root Tests for HDI Analysis
  21. Appendix I. Panel Unit Root Tests for GS Analysis
  22. Appendix J. Correlation Coefficients for GS Analysis
  23. Appendix K. Pooled OLS Regression Outputs (Dependent Variable: ANS RATE)
  24. Appendix L. FE Regression Outputs (Dependent Variable: ANS RATE)
  25. References
  26. Index