Oil Rents Corruption And State Stability Evidence From Panel Data Regressions
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Oil Rents Corruption And State Stability Evidence From Panel Data Regressions
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2009-12-01
Oil Rents Corruption And State Stability Evidence From Panel Data Regressions written by International Monetary Fund 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 2009-12-01 with Business & Economics categories.
We examine the effects of oil rents on corruption and state stability exploiting the exogenous within-country variation of a new measure of oil rents for a panel of 31 oil-exporting countries during the period 1992 to 2005. We find that an increase in oil rents significantly increases corruption, significantly deteriorates political rights while at the same time leading to a significant improvement in civil liberties. We argue that these findings can be explained by the political elite having an incentive to extend civil liberties but reduce political rights in the presence of oil windfalls to evade redistribution and conflict. We support our argument documenting that there is a significant effect of oil rents on corruption in countries with a high share of state participation in oil production while no such link exists in countries where state participation in oil production is low.
Oil Rents Corruption And State Stability
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Author : Rabah Arezki
language : en
Publisher:
Release Date : 2009
Oil Rents Corruption And State Stability 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 2009 with Petroleum industry and trade categories.
We examine the effects of oil rents on corruption and state stability exploiting the exogenous within-country variation of a new measure of oil rents for a panel of 31 oil-exporting countries during the period 1992 to 2005. We find that an increase in oil rents significantly increases corruption, significantly deteriorates political rights while at the same time leading to a significant improvement in civil liberties. We argue that these findings can be explained by the political elite having an incentive to extend civil liberties but reduce political rights in the presence of oil windfalls to evade redistribution and conflict. We support our argument documenting that there is a significant effect of oil rents on corruption in countries with a high share of state participation in oil production while no such link exists in countries where state participation in oil production is low.
Oil Rents Corruption And State Stability
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Author : Markus Brückner
language : en
Publisher:
Release Date : 2009
Oil Rents Corruption And State Stability written by Markus Brückner and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Petroleum industry and trade categories.
Commodity Price Volatility And Inclusive Growth In Low Income Countries
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Author : Mr.Rabah Arezki
language : en
Publisher: International Monetary Fund
Release Date : 2012-10-24
Commodity Price Volatility And Inclusive Growth In Low Income Countries 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 2012-10-24 with Business & Economics categories.
In the years following the global financial crisis, many low-income countries experienced rapid recovery and strong economic growth. However, many are now facing enormous difficulties because of rapidly rising food and fuel prices, with the threat of millions of people being pushed into poverty around the globe. The risk of continued food price volatility is a systemic challenge, and a failure in one country has been shown to have a profound impact on entire regions. This volume addresses the challenges of commodity price volatility for low-income countries and explores some macroeconomic policy options for responding to commodity price shocks. The book then looks at inclusive growth policies to address inequality in commodity-exporting countries, particularly natural resource rich countries. Perspectives from the Middle East and North Africa, sub-Saharan Africa, emerging Asia, and Mexico are presented and, finally, the role of the international donor community is examined. This volume is a must read for policymakers everywhere, from those in advanced, donor countries to those in countries with the poorest and most vulnerable populations.
Geography And The Wealth Of Nations
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Author : Sherif Khalifa
language : en
Publisher: Rowman & Littlefield
Release Date : 2022-03-14
Geography And The Wealth Of Nations written by Sherif Khalifa and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-03-14 with Business & Economics categories.
In Geography and the Wealth of Nations, Sherif Khalifa argues that geography influences the factors that determine economic performance, such as the quality of institutions, the adopted cultural values, the systems of governance, the likelihood of conflict, the historical experiences, and the integration into the global economy. This book discusses in detail how geographic features influence each of these factors and how these determinants, in turn, affect economic outcomes. Khalifa shows that we cannot fully comprehend the economic consequences of these factors without exploring their geographic origins. This effort is especially critical as the world faces unprecedented environmental challenges, including climate change, worsening natural disasters, resource depletion, soil degradation, deforestation, desertification, and loss of biodiversity. Given these drastic changes, this book provides powerful insight into how geographic determinants continue to shape global crises.
Institutional Design And Capacity To Enhance Effective Governance Of Oil And Gas Wealth The Case Of Kurdistan Region
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Author : Khazal Abdullah Auzer
language : en
Publisher: Springer
Release Date : 2017-05-15
Institutional Design And Capacity To Enhance Effective Governance Of Oil And Gas Wealth The Case Of Kurdistan Region written by Khazal Abdullah Auzer and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-15 with Business & Economics categories.
This book presents a ‘critical reappraisal’ of the resource curse thesis and extends the analysis to consider political and social dimensions, and thus, the importance of structure in the petroleum sector’s governance model. It examines major challenges surrounding the governance of petroleum resources, and the implications for the economic growth and development of hydrocarbon-abundant countries as a result of ineffective economic, political, and social mechanisms. The book subsequently investigates a range of causal factors that may promote or hinder the effective management of oil and gas resources in the Kurdistan Region, which also has implications for the security of the wider region and for global energy security. The book also seeks to arrive at lessons learned and policy guidelines to help inform other new petroleum-exporting countries and regions about how to best manage their newfound wealth.
China S Contained Resource Curse
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Author : Jing Vivian Zhan
language : en
Publisher: Cambridge University Press
Release Date : 2022-03-31
China S Contained Resource Curse written by Jing Vivian Zhan 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 2022-03-31 with Political Science categories.
A novel empirical study of the 'resource curse' and the state response in contemporary China.
Getting Globalization Right
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Author : Luigi Paganetto
language : en
Publisher: Springer
Release Date : 2018-09-15
Getting Globalization Right written by Luigi Paganetto and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-15 with Business & Economics categories.
This book presents stimulating new perspectives on three key sets of issues: a fair globalization, the policies that might be adopted in response to protectionist pressures, and sustainable development policies involving G7 and G20 actions to lay the foundations for renewed trust. The individual topics addressed within this framework are wide ranging. Examples include globalization and national inequality, globalization and policies for inclusive growth in developing countries, the sources of controversies regarding trade agreements and their effects, the impact of new U.S. commercial policies on the world trading system, real convergence in the Euro area, and the causes of Brexit. The book comprises a selection of contributions presented at the XXIXth Villa Mondragone International Economic Seminar. In offering contrasting points of view on topics of high current interest, it will appeal to academics, policymakers, and economic experts at institutions.
From Volatility To Stability In Expenditure
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Author : Naotaka Sugawara
language : en
Publisher: International Monetary Fund
Release Date : 2014-03-12
From Volatility To Stability In Expenditure written by Naotaka Sugawara 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 2014-03-12 with Business & Economics categories.
This paper examines the effect of stabilization funds on the volatility of government expenditure in resource-rich countries. Using a panel data set of 68 resource-rich countries over 1988–2012, the results find that the existence of stabilization funds contributes to smoothing government expenditure. The spending volatility in countries that have established such funds is found to be 13 percent lower in the main estimation, and similar impacts are found in robustness tests. The analysis also shows that political institutions and fiscal rules are significant factors in reducing the expenditure volatility, while highlighting the roles of the size of economy, diversified exports, real sector management, and financial markets.
Values And Identities In Europe
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Author : Michael J. Breen
language : en
Publisher: Routledge
Release Date : 2017-01-20
Values And Identities In Europe written by Michael J. Breen and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-20 with Social Science categories.
Contrary to what is suggested in media and popular discourses, Europe is neither a monolithic entity nor simply a collection of nation states. It is, rather, a union of millions of individuals who differ from one another in a variety of ways while also sharing many characteristics associated with their ethnic, social, political, economic, religious or national characteristics. This book explores differences and similarities that exist in attitudes, beliefs and opinions on a range of issues across Europe. Drawing on the extensive data of the European Social Survey, it presents insightful analyses of social attitudes, organised around the themes of religious identity, political identity, family identity and social identity, together with a section on methodological issues. A collection of rigorously analysed studies on national, comparative and pan-European levels, Values and Identities in Europe offers insight into the heart and soul of Europe at a time of unprecedented change. As such, it will appeal to scholars across the social sciences with interests in social attitudes, social change in Europe, demographics and survey methods.