Resource Curse or Cure ?

Resource Curse or Cure ? PDF Author: Martin Brueckner
Publisher: Springer Science & Business Media
ISBN: 3642538738
Category : Science
Languages : en
Pages : 309

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Book Description
Globalisation and rapid social and environmental change in recent decades have brought into sharper focus not only the benefits but also the costs of economic development. The once assumed link between economic development and societal well-being is being increasingly questioned in the face of growing social and environmental problems and unfulfilled expectations concerning political and commercial decision-makers. The orthodox development dogma is being tested in particular in resource-based economies such as Western Australia, where globalisation pressures and the concomitant rise in the demand for natural resources highlight the difficulties of effectively balancing broader societal interests with those of industry and the state. This book provides a critical review of the socio-political, environmental and cultural state of play in Western Australia, offering an analysis of how resource-based developments are shaping the state and its people.

Corruption, Natural Resources and Development

Corruption, Natural Resources and Development PDF Author: Aled Williams
Publisher: Edward Elgar Publishing
ISBN: 1785361201
Category : Law
Languages : en
Pages : 191

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Book Description
This book provides a fresh and extensive discussion of corruption issues in natural resources sectors. Reflecting on recent debates in corruption research and revisiting resource curse challenges in light of political ecology approaches, this volume provides a series of nuanced and policy-relevant case studies analyzing patterns of corruption around natural resources and options to reach anti-corruption goals. The potential for new variations of the resource curse in the forest and urban land sectors and the effectiveness of anti-corruption policies in resource sectors are considered in depth. Corruption in oil, gas, mining, fisheries, biofuel, wildlife, forestry and urban land are all covered, and potential solutions discussed.

The Oil Curse

The Oil Curse PDF Author: Michael L. Ross
Publisher: Princeton University Press
ISBN: 0691159637
Category : Political Science
Languages : en
Pages : 314

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Book Description
Explaining—and solving—the oil curse in the developing world Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth—and how they can turn oil from a curse into a blessing. Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats—and twice as likely to descend into civil war—than countries without oil. The Oil Curse shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse. This landmark book explains why good geology often leads to bad governance, and how this can be changed.

Africa and the Fourth Industrial Revolution

Africa and the Fourth Industrial Revolution PDF Author: Everisto Benyera
Publisher: Springer Nature
ISBN: 3030875245
Category : Political Science
Languages : en
Pages : 163

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Book Description
This book examines the epistemological, political, and socio-economic consequences of the Fourth Industrial Revolution (4IR) for Africa. Presenting various case studies on epistemic freedom, theology, race and robotics, tertiary education, political and economic transformation, human capital, and governance, it debates whether the 4IR will be part of the solution to the African problem, namely that of coloniality in its various forms. Solving the African problem using the 4IR requires ethical, just and epistemologically independent leadership. However, the lack of ICT infrastructure militates against Africa’s endeavours to make the 4IR a problem-solving moment. To its credit, Africa possesses some of the major capital needed (human, mineral, and social), and it constitutes a huge market comprising a young population eager to participate in the 4IR as problem-solvers and not as a problem to be solved—as equal citizens and not as the marginalized other.

Political Meritocracy and Populism

Political Meritocracy and Populism PDF Author: Mark Chou
Publisher: Routledge
ISBN: 100076057X
Category : Political Science
Languages : en
Pages : 120

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Book Description
Offering the first in-depth analysis of the relationship between populism and political meritocracy, this book asks why states with meritocratic systems such as Singapore and China have not faced the populist challenge to the extent that liberal-democratic states have. Is political meritocracy immune to populism? Or does it fan its flames? Exploring this puzzle, the authors argue that political meritocracies are simultaneously immune and susceptible to populism. The book maintains that political meritocracy’s focus on the intellect, social skills, and most importantly virtue of political leaders can reduce the likelihood of populist actors rising to power; that meritocracy’s promise of upward mobility for the masses can work against elitism; and that rule by the ‘meritorious’ can help avoid crises, diminishing the political opening for populism. However, it also shows that meritocracy does little to eliminate grievances around political, cultural, and social inequality, instead entrenching a hierarchy – an allegedly ‘just’ one. The book ultimately argues that the more established the system of political meritocracy becomes, the more it opens the door to populist resentment and revolt. Pitched primarily to scholars and postgraduate students in political theory, comparative politics, Asian studies, and political sociology, this book fills an important scholarly gap.

The Bottom Billion

The Bottom Billion PDF Author: Paul Collier
Publisher: Oxford University Press, USA
ISBN: 0195374630
Category : Business & Economics
Languages : en
Pages : 225

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Book Description
The Bottom Billion is an elegant and impassioned synthesis from one of the world's leading experts on Africa and poverty. It was hailed as "the best non-fiction book so far this year" by Nicholas Kristoff of The New York Times.

Institutions and Macroeconomic Policies in Resource-rich Arab Economies

Institutions and Macroeconomic Policies in Resource-rich Arab Economies PDF Author: Kamiar Mohaddes
Publisher:
ISBN: 0198822227
Category : Business & Economics
Languages : en
Pages : 465

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Book Description
For over eighty years the Arab region has been deriving massive wealth from its natural resources. Nevertheless, its economic performance has been at the mercy of ebbs and flows of oil prices and its resources have been slowly depleting. The two critical questions are why and how Arab countries might escape the oil curse. Institutions and Macroeconomic Policies in Resource-Rich Arab Economies focuses on the unique features of the Arab world to explain the disappointing outcomes of macroeconomic policy. It explores the interaction between oil and institutions to draw policy recommendations on how Arab countries can best exploit their oil revenues to avoid the resource curse. Case studies and contributions from experts provide an understanding of macroeconomic institutions (including their underlying rules, procedures and institutional arrangements) in oil-rich Arab economies and of their political economy environment, which has largely been overlooked in previous research. Institutions and Macroeconomic Policies in Resource-Rich Arab Economies offers novel macroeconomic policy propositions for exchange rate regimes, fiscal policy and oil wealth distribution that is more consistent with macroeconomic stability and fiscal sustainability. These policy reforms, if implemented successfully, could go a long way in helping the resource-rich countries of the Arab region and elsewhere to avoid the oil curse.

The Finance Curse

The Finance Curse PDF Author: Nicholas Shaxson
Publisher: Grove Press
ISBN: 0802146384
Category : Business & Economics
Languages : en
Pages : 425

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Book Description
An “artfully presented [and] engaging” look at the insidious effects of financialization on our lives and politics by the author of Treasure Islands (The Boston Globe). How didthe banking sector grow from a supporter of business to the biggest business in the world? Financial journalist Nicholas Shaxson takes us on a terrifying journey through the world economy, exposing tax havens, monopolists, megabanks, private equity firms, Eurobond traders, lobbyists, and a menagerie of scoundrels quietly financializing our entire society, hurting both business and individuals. Shaxson shows how we got here, telling the story of how finance re-engineered the global economic order in the last half-century, with the aim not of creating wealth but extracting it from the underlying economy. Under the twin gospels of “national competitiveness” and “shareholder value,” megabanks and financialized corporations have provoked a race to the bottom between states to provide the most subsidized environment for big business, encouraged a brain drain into finance, fostered instability and inequality, and turned a blind eye to the spoils of organized crime. From Ireland to Iowa, he shows the insidious effects of financialization on our politics and on communities who were promised paradise but got poverty wages instead. We need a strong financial system—but when it grows too big it becomes a monster. The Finance Curse is the explosive story of how finance got a stranglehold on society, and reveals how we might release ourselves from its grasp. Revised with new chapters “[Discusses] corrupt financiers in London and New York City, geographically obscure tax havens, the bizarre realm of wealth managers in South Dakota, a ravaged newspaper in New Jersey, and a shattered farm economy in Iowa . . . A vivid demonstration of how corruption and greed have become the main organizing principles in the finance industry.” —Kirkus Reviews

Criminal Politics

Criminal Politics PDF Author: Chris Albin-Lackey
Publisher: Human Rights Watch
ISBN:
Category : Corruption in Nigeria
Languages : en
Pages : 125

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Book Description
Nigeria is mired in a crisis of governance. For decades, Nigeria's governing elite have been widely implicated in acts of violence, corruption and electorial fraud so pervasive as to resemble criminal activity more han democratic governance. Not only has Nigeria's federal government failed to hold these politicians to account, but Nigeria's system of politics has actively rewarded corruption and violence with control governorships, parliamentary seats and other positions of public trust.

Adam's Curse

Adam's Curse PDF Author: Bryan Sykes
Publisher: W. W. Norton & Company
ISBN: 9780393058963
Category : Science
Languages : en
Pages : 336

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Book Description
Examines the history and future of the Y chromosome and maintains that because it is unable to exchange genetic material or repair itself, the day will come when it will cease to exist.