The wealth derived from natural resources can have a tremendous impact on the economics and politics of producing countries. In the last quarter century, we have seen the surprising and sobering consequences of this wealth, producing what is now known as the "resource curse." Countries with large endowments of natural resources, such as oil and gas, often do worse than their poorer neighbors. Their resource wealth frequently leads to lower growth rates, greater volatility, more corruption, and, in extreme cases, devastating ...
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The wealth derived from natural resources can have a tremendous impact on the economics and politics of producing countries. In the last quarter century, we have seen the surprising and sobering consequences of this wealth, producing what is now known as the "resource curse." Countries with large endowments of natural resources, such as oil and gas, often do worse than their poorer neighbors. Their resource wealth frequently leads to lower growth rates, greater volatility, more corruption, and, in extreme cases, devastating civil wars. In this volume, leading economists, lawyers, and political scientists address the fundamental channels generated by this wealth and examine the major decisions a country must make when faced with an abundance of a natural resource. They identify such problems as asymmetric bargaining power, limited access to information, the failure to engage in long-term planning, weak institutional structures, and missing mechanisms of accountability. They also provide a series of solutions, including recommendations for contracting with oil companies and allocating revenue; guidelines for negotiators; models for optimal auctions; and strategies to strengthen state-society linkages and public accountability. The contributors show that solutions to the resource curse do exist; yet, institutional innovations are necessary to align the incentives of key domestic and international actors, and this requires fundamental political changes and much greater levels of transparency than currently exist. It is becoming increasingly clear that past policies have not provided the benefits they promised. Escaping the Resource Curse lays out a path for radically improving the management of the world's natural resources.
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Add this copy of Escaping the Resource Curse to cart. $25.11, new condition, Sold by Books2anywhere rated 5.0 out of 5 stars, ships from Fairford, GLOUCESTERSHIRE, UNITED KINGDOM, published 2007 by Columbia University Press.
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New. Sewn binding. Cloth over boards. With dust jacket. 432 p. Contains: Unspecified. Initiative for Policy Dialogue at Columbia: Challenges in De. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
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New. 2007. Hardcover. The wealth derived from natural resources can have a tremendous impact on the economics and politics of producing countries. This volume addresses the fundamental channels generated by this wealth and examines the major decisions a country must make when faced with an abundance of a natural resource. Editor(s): Humphreys, Macartan; Sachs, Jeffrey D.; Stiglitz, Joseph E. Series: Initiative for Policy Dialogue. Num Pages: 432 pages, 7 Halftones, 10 Four Color, 2 Line Art, 19 Total Art, 21 Tables. BIC Classification: KCN. Category: (P) Professional & Vocational. Dimension: 236 x 162 x 27. Weight in Grams: 720......We ship daily from our Bookshop.
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New. Print on demand Sewn binding. Cloth over boards. With dust jacket. 432 p. Contains: Unspecified. Initiative for Policy Dialogue at Columbia: Challenges in De.
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New. Sewn binding. Cloth over boards. With dust jacket. 432 p. Contains: Unspecified. Initiative for Policy Dialogue at Columbia: Challenges in De. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
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