Economic Diversification Policies In Natural Resource Rich Economies
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Economic Diversification Policies In Natural Resource Rich Economies
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Author : Sami Mahroum
language : en
Publisher: Routledge
Release Date : 2016-08-05
Economic Diversification Policies In Natural Resource Rich Economies written by Sami Mahroum and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-05 with Business & Economics categories.
Economic diversification remains at the top of the agenda for hundreds of regions around the world. From the single commodity economies of African countries and the Caribbean, to the many single industry regions of Europe and North America, as well as the oil and gas rich but volatile hydrocarbon economies. Economic diversification policies have been around for almost a century with varying degrees of success and failure. Economic Diversification Policies in Natural Resource Rich Economies takes a special interest in the policy experiences of a set of different countries that have extractive industries representing significant drivers of their economies and subsequently are significant contributors to government revenues. It explores twelve cases including upper-middle to high income economies such as Canada, Australia, Iceland and Norway, emerging economies such as Latin America, the GCC (Saudi and UAE), Kazakhstan, Malaysia and Russia, as well as the developing economy of Uganda. Each chapter provides a review of economic diversification experiences including policy environment, diversification strategies, desired outcomes, the role of government, and a critical evaluation of achievements. This book is suitable for those who study environmental economics, development economics and resource management.
Natural Resource Abundance Growth And Diversification In The Middle East And North Africa
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Author : Ndiame' Diop
language : en
Publisher: World Bank Publications
Release Date : 2012-10-01
Natural Resource Abundance Growth And Diversification In The Middle East And North Africa written by Ndiame' Diop 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 2012-10-01 with Business & Economics categories.
MENA holds more than 60% of oil and nearly 50% of gas reserves, making its economy very vulnerable to price fluctuations. This volume investigates the effect of natural resources and the role of policies on achieving higher and sustained growth through economic diversification.
Natural Resources Volatility And Inclusive Growth
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Author : Mr.Rabah Arezki
language : en
Publisher: International Monetary Fund
Release Date : 2012-05-01
Natural Resources Volatility And Inclusive Growth written by Mr.Rabah Arezki 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 2012-05-01 with Nature categories.
This paper takes stock of the economic performance of resource rich countries in the Middle East and North Africa (MENA) over the past forty years. While those countries have maintained high levels of income per capita, they have performed poorly when going beyond the assessment based on standard income level measures. Resource rich countries in MENA have experienced relatively low and non inclusive economic growth as well as high levels of macroeconomic volatility. Important improvements in health and education have taken place but the quality of the provision of public goods and services remains an important source of concerns. Looking forward we argue that the success of economic reforms in MENA rests on the ability of those countries to invest boldly in building inclusive institutions as well as high levels of human capacity in public administrations.
Beyond The Curse
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Author : Rabah Arezki
language : en
Publisher:
Release Date : 2011
Beyond The Curse written by Rabah Arezki and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Law categories.
Countries with an abundance of natural resources, many of which are in sub-Saharan Africa, often show a record of relatively poor economic performance compared with non-resource-rich countries. The chapters in this volume explore the potential challenges to countries with abundant natural resources and ways to manage these challenges so as to reap the benefits of resource wealth while avoiding the pitfalls. The book is divided into five sections, which explore commodity markets and the macroeconomy, economic diversification and the role of finance, fiscal policy, exchange rates and financial stability, and governance. The ideas in this book were first presented at a seminar in November 2010 that was aimed primarily at policymakers in sub-Saharan Africa and brought together ministers, central bank governors, other senior policymakers, and well-known academics.
Reducing Natural Resource Dependency For Economic Growth In Resource Rich Countries
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Author : Goran M. Muhamad
language : en
Publisher: Springer Nature
Release Date : 2023-07-21
Reducing Natural Resource Dependency For Economic Growth In Resource Rich Countries written by Goran M. Muhamad and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-07-21 with Business & Economics categories.
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.
Diversified Development
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Author : Indermit S. Gill
language : en
Publisher: World Bank Publications
Release Date : 2014-02-26
Diversified Development written by Indermit S. Gill 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 2014-02-26 with Business & Economics categories.
Eurasian economies have to become efficient—more productive, job-creating, and stable. But efficiency is not the same as diversification. Governments need to worry less about the composition of exports and production and more about asset portfolios—natural resources, built capital, and economic institutions.
The World Bank Research Observer
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Author :
language : en
Publisher:
Release Date : 2003
The World Bank Research Observer written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Computer network resources categories.
Natural Resources Neither Curse Nor Destiny
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Author : Daniel Lederman
language : en
Publisher: World Bank Publications
Release Date : 2006-10-23
Natural Resources Neither Curse Nor Destiny written by Daniel Lederman 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 2006-10-23 with Nature categories.
'Natural Resources: Neither Course nor Destiny' 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 also how firms and workers produce any good.
Resource Abundance And Economic Development
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Author : Richard M. Auty
language : en
Publisher:
Release Date : 1998
Resource Abundance And Economic Development written by Richard M. Auty and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Commercial policy categories.
Development Policies In Natural Resource Economies
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Author : Jörg Mayer
language : en
Publisher: Edward Elgar Publishing
Release Date : 1999-05-26
Development Policies In Natural Resource Economies written by Jörg Mayer and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-05-26 with Business & Economics categories.
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.