Rents to Riches?

Rents to Riches? PDF Author: Naazneen Barma
Publisher: World Bank Publications
ISBN: 0821384805
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
Rents to Riches> focuses on the political economy of the detailed decisions that governments make at each step of the natural resource management (NRM) value chain. Many resource-dependent developing countries pursue seemingly shortsighted and suboptimal policies when extracting, taxing, and investing resource rents. The book contextualizes these micro-level outcomes with an emphasis on two central political economy dimensions: the degree to which governments can make credible intertemporal commitments to both resource developers and citizens, and the degree to which governments and inclined to turn resource rents into public goods. Almost 1.5 billion people live in the more than 50 World Bank client countries classified as resource-dependent. A detailed understanding of the way political economy characteristics affect the NRM decisions made in these countries by governments, extractive developers, and society can improve the design of interventions to support welfare-enhancing policy making and governance in the natural resource sectors. Featuring case study work from Africa (Angola, the Democratic Republic of Congo, Ghana, Niger, Nigeria), East Asia and Pacific (the Lao People's Democratic Republic, Mongolia, Timor-Leste), and Latin America and the Caribbean (Bolivia, Chile, Ecuador, Mexico, Trinidad an dTobago_, the book provides guidance for government clients, domestic stakeholders, and development partners committed to transforming natural resource into sustainable development riches.

Rents to Riches?

Rents to Riches? PDF Author: Naazneen Barma
Publisher: World Bank Publications
ISBN: 0821384805
Category : Business & Economics
Languages : en
Pages : 303

Get Book Here

Book Description
Rents to Riches> focuses on the political economy of the detailed decisions that governments make at each step of the natural resource management (NRM) value chain. Many resource-dependent developing countries pursue seemingly shortsighted and suboptimal policies when extracting, taxing, and investing resource rents. The book contextualizes these micro-level outcomes with an emphasis on two central political economy dimensions: the degree to which governments can make credible intertemporal commitments to both resource developers and citizens, and the degree to which governments and inclined to turn resource rents into public goods. Almost 1.5 billion people live in the more than 50 World Bank client countries classified as resource-dependent. A detailed understanding of the way political economy characteristics affect the NRM decisions made in these countries by governments, extractive developers, and society can improve the design of interventions to support welfare-enhancing policy making and governance in the natural resource sectors. Featuring case study work from Africa (Angola, the Democratic Republic of Congo, Ghana, Niger, Nigeria), East Asia and Pacific (the Lao People's Democratic Republic, Mongolia, Timor-Leste), and Latin America and the Caribbean (Bolivia, Chile, Ecuador, Mexico, Trinidad an dTobago_, the book provides guidance for government clients, domestic stakeholders, and development partners committed to transforming natural resource into sustainable development riches.

The Political Economy of Natural Resources and Development

The Political Economy of Natural Resources and Development PDF Author: Paul A. Haslam
Publisher: Routledge
ISBN: 1317418905
Category : Business & Economics
Languages : en
Pages : 259

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Book Description
The Political Economy of Resources and Development offers a unique and multidisciplinary perspective on how the commodity boom of the mid-2000s reshaped the model of development throughout Latin America and elsewhere in the developing world. Governments increased taxes and royalties on the resource sector, the nationalization of foreign firms returned to the mainstream economic policy agenda, and public spending on social and developmental goals surged. These trends, often described as resource nationalism, have developed into a strategy for economic development, generated a re-imagining of the state and its institutional possibilities, and created a new but very significant political risk for extractive enterprises. However, these innovations, which constitute the most dramatic change in development policy in Latin America since the advent of neoliberalism, have so far received little attention from either academic or policy-oriented publications. This book explores the reasons behind these policies, and their effects on states, firms, and development trajectories. This text brings together renowned thematic experts to examine the political-economic causes of resource nationalism, as well as its manifestation in six Latin American countries. The causal variables considered by the contributors to this collection include a range of political-economic determinants of policy including commodity prices; the influence of ideology and national politics; ideas about industrial policy; relations between host governments and investors; and how countries respond to opportunities provided by regional initiatives and the new geography of the global economy. This volume is essential reading in development economics, political economy, and Latin American studies, as well as for those who want to understand what economic development means after neoliberalism.

Handbook of the International Political Economy of Energy and Natural Resources

Handbook of the International Political Economy of Energy and Natural Resources PDF Author: Andreas Goldthau
Publisher: Edward Elgar Publishing
ISBN: 1783475633
Category : Business & Economics
Languages : en
Pages : 417

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Book Description
This Handbook offers a comprehensive overview of the latest research from leading scholars on the international political economy of energy and resources. Highlighting the important conceptual and empirical themes, the chapters study all levels of governance, from global to local, and explore the wide range of issues emerging in a changing political and economic environment.

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 Institutions Curse

The Institutions Curse PDF Author: Victor Menaldo
Publisher: Cambridge University Press
ISBN: 1107138604
Category : Business & Economics
Languages : en
Pages : 417

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Book Description
Debunks the view that natural resources lead to terrible outcomes by demonstrating that oil and minerals are actually a blessing.

Economic Change Governance and Natural Resource Wealth

Economic Change Governance and Natural Resource Wealth PDF Author: David Reed
Publisher: Taylor & Francis
ISBN: 1000939545
Category : Business & Economics
Languages : en
Pages : 109

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Book Description
This volume analyzes the ways in which natural resource wealth has shaped authoritarian political regimes and statist economic systems in the countries of southern Africa in the post-colonial period. It consists of five essays. The first sets out the historical framework and emergence of natural resources as the crucial driver of economies in sub-Saharan Africa. Three essays, drawing on in-country research, focus on Tanzania, Zambia and Zimbabwe. They show how this explains the economic evolution of those countries - in particular, the impacts of economic and institutional changes on the bulk of the population, the rural poor. The final essay explores the nature of the changes and their neoliberal economic context, and the ways in which their harmful consequences might be relieved.

The Political Economy of Sustainable Development

The Political Economy of Sustainable Development PDF Author: Timothy Cadman
Publisher: Edward Elgar Publishing
ISBN: 178347484X
Category : Business & Economics
Languages : en
Pages : 271

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Book Description
Since the Rio ‘Earth’ Summit of 1992, sustainable development has become the major policy response to tackling global environmental degradation, from climate change to loss of biodiversity and deforestation. Market instruments such as emissions trading, payments for ecosystem services and timber certification have become the main mechanisms for financing the sustainable management of the earth’s natural resources. Yet how effective are they – and do they help the planet and developing countries, or merely uphold the economic status quo? This book investigates these important questions. Providing a comprehensive analysis and the latest research on sustainable development, the authors compare the divergent approaches to emissions trading. Included is a detailed investigation into illegal logging and the effectiveness of policy responses, with an evaluation of different forest certification schemes. Biodiversity offsets and environmental payments are also explored. Integral to the book are interviews and opinions of the key stakeholders in the political economy of sustainable development. This uniquely comprehensive analysis of the governance quality of different sustainable development mechanisms, unprecedented in its panorama of comparative case studies, is essential reading for all those in the policy, academic and non-governmental communities.

The Politics and Economics of Indonesia's Natural Resources

The Politics and Economics of Indonesia's Natural Resources PDF Author: Budy P Resosudarmo
Publisher: Institute of Southeast Asian Studies
ISBN: 9812303049
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
The challenges in using and managing natural resources in Indonesia are immense. They include ensuring that resource utilisation benefits most Indonesians; optimising the rate of exploitation of mineral reserves, bearing in mind the interests of future generations; and achieving sustainable forest and maritime exploitation. Recent rapid political change under reformasi and decentralisation may seem to have provided opportunities for a long-term development path that embraces both resource sustainability and equity issues. However, they have also generated an environment of political uncertainty, weak law enforcement, increased insecurity of property rights and local conflicts. This situation, together with the post-crisis imperative of restoring socio-economic progress, has created a pressing need to address the challenges of proper utilisation and management of natural resources. This book examines these and related issues from a political, socio-economic, and environmental standpoint. 1st Reprint 2006

The Political Economy of Resource Regulation

The Political Economy of Resource Regulation PDF Author: Andreas R.D. Sanders
Publisher: UBC Press
ISBN: 0774860634
Category : Political Science
Languages : en
Pages : 377

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Book Description
Industrialist John Paul Getty famously quipped, “The meek shall inherit the earth, but not its mineral rights.” Throughout history, natural resources have been sources of wealth and power and catalysts for war and peace. The cases studies gathered in this innovative volume examine how the intersection of ideas, interest groups, international institutions, and political systems gave birth to distinctive regulatory regimes at various times and places in the modern world. Spanning seven continents and focusing on both advanced and developing economies, the case studies explore how the goals and modes of regulation have changed in response to new economic realities, demands from power brokers and the broader public, and rules and norms for what is considered legitimate government action. Together, the contributors show that regulatory regimes in resource-dependent nations have played a decisive role in the international political economy. They also offer unique insights into why some resource-rich countries have flourished while others have been mired in poverty and corruption.

Extractive Imperialism in the Americas

Extractive Imperialism in the Americas PDF Author: James Petras
Publisher: BRILL
ISBN: 9004268863
Category : Social Science
Languages : en
Pages : 331

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Book Description
Recent changes in the global economy, which include a growing demand for energy and natural resources such as industrial minerals and agro-food products, have brought about a massive devastating pillage of resources in the developing world by multinational corporations as well as states with energy and food security concerns—and concerns about a system (global capitalism) in the throes of a global crisis. These developments have also brought about a major change in the form taken by imperialism (actions taken by the state to advance the interests of the dominant capitalist class). This book explores the changing face of US imperialism in the regional context of the Americas, a major stage in the unfolding drama of a system in crisis.