Escaping the Resource Curse (e-bok)
Format
E-bok
Filformat
EPUB med Adobe-kryptering
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Nedladdning
Kan laddas ned under 24 månader, dock max 3 gånger.
Språk
Engelska
Antal sidor
432
Utgivningsdatum
2007-05-22
Förlag
Columbia University Press
Medarbetare
Soros, George (foreword)
Illustrationer
Illustrations
ISBN
9780231512107
Escaping the Resource Curse (e-bok)

Escaping the Resource Curse E-bok

E-bok (EPUB - DRM), Engelska, 2007-05-22
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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 "e;resource curse."e; 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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Övrig information

MACARTEN HUMPHREYS is assistant professor of political science at Columbia University. JEFFREY D. SACHS is the director of the Earth Institute at Columbia University and the director the UN Millenium Project.