Do Oil Windfalls Improve Living Standards
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Do Oil Windfalls Improve Living Standards
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Author : Francesco Caselli
language : en
Publisher:
Release Date : 2009
Do Oil Windfalls Improve Living Standards written by Francesco Caselli and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Cities and towns categories.
Abstract: We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find muted effects of oil through market channels: offshore oil has no effect on municipal non-oil GDP or its composition, while onshore oil has only modest effects on non-oil GDP composition. However, oil abundance causes municipal revenues and reported spending on a range of budgetary items to increase, mainly as a result of royalties paid by Petrobras. Nevertheless, survey-based measures of social transfers, public good provision, infrastructure, and household income increase less (if at all) than one might expect given the increase in reported spending. To explain why oil windfalls contribute little to local living standards, we use data from the Brazilian media and federal police to document that very large oil output increases alleged instances of illegal activities associated with mayors
Do Resource Windfalls Improve The Standard Of Living In Sub Saharan African Countries
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Author : Munseob Lee
language : en
Publisher: International Monetary Fund
Release Date : 2015-04-28
Do Resource Windfalls Improve The Standard Of Living In Sub Saharan African Countries written by Munseob Lee and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-28 with Nature categories.
We examine the impact of resource windfall on the standard of living both in the short-run and long-run, using a sample of 130 countries, 1963-2007. Then, we systematically investigate the effect of resource windfall on welfare in three different groups of countries: We find that in the short-run resource windfall is welfare enhancing in the whole sample, especially via increases in income and decreases in inequality. However, in SSA countries, the size of welfare improvement is small and it is smaller and almost zero after one year in fragile Sub-Saharan African (SSA) countries. In the whole sample, a resource windfall shock leads to significant welfare growth even in the long-run, but we couldn’t find any significant long-run effect of resource windfall in SSA countries.
Why Does Development Fail In Resource Rich Economies
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Author : Elissaios Papyrakis
language : en
Publisher: Routledge
Release Date : 2019-05-17
Why Does Development Fail In Resource Rich Economies written by Elissaios Papyrakis and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-17 with Business & Economics categories.
There has been a lot of interest within the scientific and policy communities in the ‘resource curse’; that is, the tendency of mineral rich economies to turn into development failures. Yet, after more than 20 years of intensive research and action, ‘the curse’ still lingers as a very real global problem, because of volatile mineral prices, bad governance and conflict. This book incorporates current original research on the resource curse (from some of the most prominent contributors to this literature), combined with a critical reflection on the current stock of knowledge. It is a unique attempt to provide a more holistic and interdisciplinary picture of the resource curse and its multi-scale effects. This edited volume reflects the current academic diversity that characterises the resource curse literature with a mix of different methodological approaches (both quantitative and qualitative analyses) and a diverse geographical focus (Latin America, Sub-Saharan Africa, global). Taken together the studies emphasize the complexities and conditionalities of the ‘curse’ – its presence/intensity being largely context-specific, depending on the type of resources, socio-political institutions and linkages with the rest of the economy and society. This book was originally published as a special issue of the Journal of Development Studies.
Better Spending For Better Lives
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Author : Alejandro Izquierdo
language : en
Publisher: Inter-American Development Bank
Release Date : 2018-09-16
Better Spending For Better Lives written by Alejandro Izquierdo and has been published by Inter-American Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-16 with Business & Economics categories.
How can this puzzle of larger demands and fiscal strengthening be solved? This edition of the development in the Americas (DIA) report focuses precisely on this question. The book suggests that the answer is about fiscal efficiency and smart spending rather than the standard solution of across-the-board spending cuts to achieve fiscal sustainability— sometimes at great cost for society. It is about doing more with less. · Analysis of government spending in Latin America and the Caribbean reveals widespread waste and inefficiencies that could be as large as 4.4 percent of the region’s GDP, showing there is ample room to improve basic services without necessarily spending more resources. · The publication argues against across-the-board cuts. It looks at whether countries spend too much or too little on different priorities, whether they invest enough to ensure a better future, and whether those expenditures make inequality better or worse. · Along with the diagnosis, the report offers several policy recommendations on how to improve the efficiency of government spending.
Natural Resources In Latin America And The Caribbean
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Author : Emily Sinnott
language : en
Publisher: World Bank Publications
Release Date : 2010-01-01
Natural Resources In Latin America And The Caribbean written by Emily Sinnott and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-01 with BUSINESS & ECONOMICS categories.
"The question of how to treat commodity production and how to manage recurrent cycles of booms and busts has always been a challenge for policymakers in commodity-dependent countries, including many in the LAC region. These challenges have led to allegations of a "commodity curse'' that retards development in these countries, but as of yet, there is no consensus as to whether such a curse exists, and if so, how can negative effects be minimized. This book contributes to this debate. Much of the report is focused on an examination of specific channels through which commodity dependence may affect the economic and institutional development of countries. This includes broadly 4 sets of concerns: one set dealing with the direct economic effects of commodity dependence and the implications for long-term growth; one dealing with the interactions between commodity production and the rents it generates on the one hand, and a country's institutions on the other; a third dealing with the macroeconomic challenges of managing the volatility of revenue flows, including the distributional implications at the household level posed by cyclicality of social spending; and a final set associated with potential negative environmental and social impacts. The book finds that some commonly accepted negative effects of dependence on natural resources are largely myths, while some are realities. But all can be managed, and the book draws on the best available information in existing literature as well as original analysis to provide practical advice on how to do so. It also presents descriptive facts and analysis of the impacts in LAC of the recent commodity boom, helping the reader understand the implications for the region's development and policies. It should be of great interest to policy-makers and analysts, as well as laypersons interested in the economics of commodity markets and their role in economic development."
Tasks Skills And Institutions
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Author : Carlos Gradín
language : en
Publisher: Oxford University Press
Release Date : 2023-06-22
Tasks Skills And Institutions written by Carlos Gradín and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-06-22 with Business & Economics categories.
This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. The book investigates the trends in earnings inequalities in developing countries to determine the main drivers. Particular attention is paid to extending the most conventional explanations of changes in earnings inequality, based on the relative abundance of skilled and unskilled labour, with recent theories that put the nature of tasks performed by workers in their jobs, rather than their skills, at the centre of the analysis. The latter approach has helped to explain relevant patterns recently observed in the trends in earnings inequality in the US and other industrialized countries. Developed countries have experienced a polarization in earnings and in employment, namely stronger growth in the earnings and jobs for the most and least skilled workers at the expense of those in the middle. This pattern has been attributed to differences in tasks-whether a given job is routine and can be automated or offshored-rather than skills, and has reduced employment and incomes in typical middle-class jobs in manufacturing and services. However, this narrative has been developed in the context of mature industrialized economies on the frontier of technological change that have also seen a large set of activities offshored to emergent economies. Evidence for developing countries, however, is still scarce and faces bigger challenges, both conceptual, and in terms of gathering the necessary data on earnings and task content of jobs. This book presents the main results of the UNU-WIDER project, The Changing Nature of Work and Inequality, aiming to fill this knowledge gap.
Decentralized Governance And Accountability
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Author : Jonathan A. Rodden
language : en
Publisher: Cambridge University Press
Release Date : 2019-02-28
Decentralized Governance And Accountability written by Jonathan A. Rodden and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-02-28 with Law categories.
Reviews recent lessons about decentralized governance and implications for future development programs and policies.
The Routledge Handbook Of Environmental Justice
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Author : Ryan Holifield
language : en
Publisher: Routledge
Release Date : 2017-09-14
The Routledge Handbook Of Environmental Justice written by Ryan Holifield and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-14 with Science categories.
The Routledge Handbook of Environmental Justice presents an extensive and cutting-edge introduction to the diverse, rapidly growing body of research on pressing issues of environmental justice and injustice. With wide-ranging discussion of current debates, controversies, and questions in the history, theory, and methods of environmental justice research, contributed by over 90 leading social scientists, natural scientists, humanists, and scholars from professional disciplines from six continents, it is an essential resource both for newcomers to this research and for experienced scholars and practitioners. The chapters of this volume examine the roots of environmental justice activism, lay out and assess key theories and approaches, and consider the many different substantive issues that have been the subject of activism, empirical research, and policy development throughout the world. The Handbook features critical reviews of quantitative, qualitative, and mixed methodological approaches and explicitly addresses interdisciplinarity, transdisciplinarity, and engaged research. Instead of adopting a narrow regional focus, it tackles substantive issues and presents perspectives from political and cultural systems across the world, as well as addressing activism for environmental justice at the global scale. Its chapters do not simply review the state of the art, but also propose new conceptual frameworks and directions for research, policy, and practice. Providing detailed but accessible overviews of the complex, varied dimensions of environmental justice and injustice, the Handbook is an essential guide and reference not only for researchers engaged with environmental justice, but also for undergraduate and graduate teaching and for policymakers and activists.
American Federalism Today
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Author : Michael J. Boskin
language : en
Publisher: Hoover Press
Release Date : 2024-09-01
American Federalism Today written by Michael J. Boskin and has been published by Hoover Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-09-01 with Political Science categories.
What are federalism's challenges and opportunities today? The framers of the US Constitution enumerated specific powers for the federal government, leaving all else under the purview of states or the people. Over time, the federal government has expanded its role, yet the American people have more trust in state and local governments that are closer to them—and where co-partisanship is often a matter of necessity. Scholars and practitioners in policymaking gathered at the Hoover Institution in September 2023 to discuss the ramifications of federalism for contemporary issues. American Federalism Today presents those conference proceedings. Renowned experts from a range of disciplines, including economics, political science, history, and law, lay out the key priorities in evaluating and reinvigorating America's federal system of governance. Among the topics they examine are infrastructure, education and healthcare financing, trust in government, and intergovernmental relations in an era of rising federal debt and unfunded state and local liabilities. Three influential governors—Mitch Daniels, Jeb Bush, and Jerry Brown—describe navigating the federalist system as they led their states through many challenges. This unique compilation draws on the remarkable expertise and experience of its contributors to probe federalism's strengths, weaknesses, opportunities, and challenges in the nation's political and economic governance. Renowned experts from a range of disciplines, including economics, political science, history, and law, lay out the key priorities in evaluating and reinvigorating America's federal system of governance. Among the topics they examine are infrastructure, education and healthcare financing, trust in government, and intergovernmental relations in an era of rising federal debt and unfunded state and local liabilities. Three influential governors—Mitch Daniels, Jeb Bush, and Jerry Brown—describe navigating the federalist system as they led their states through many challenges. This unique compilation draws on the remarkable expertise and experience of its contributors to probe federalism's strengths, weaknesses, opportunities, and challenges in the nation's political and economic governance.
Natural Resources Inequality And Conflict
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Author : Hamid E. Ali
language : en
Publisher: Springer Nature
Release Date : 2022-01-27
Natural Resources Inequality And Conflict written by Hamid E. Ali and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-27 with Business & Economics categories.
This edited volume explores the link between natural resources and civil conflict, focusing especially on protest and violence in the context of mining and the extraction of minerals. The primary goal of the book is to analyze how the conflict-inducing effect of natural resources is mediated by inequality and grievances. Given the topicality of the current boom in mining, the main empirical focus is on non-fuel minerals. The work contains large-N studies of fuel and non-fuel resources and their effect on conflict. It presents case studies focusing on Zambia, India, Guatemala, and Burkina Faso, which investigate the mechanisms between the extraction of natural resources and violent conflict. Finally, the book provides a summary of the previous analyses.