Natural Resources and Economic DevelopmentCambridge University Press, 2005 - 410 Seiten Natural Resources and Economic Development, first published in 2005, explores a key paradox: why is natural resource exploitation not yielding greater benefits to the poor economies of Africa, Asia and Latin America? Part I examines this paradox both through a historical review of resource use and development and through examining current theories which explain the under-performance of today's resource-abundant economies, and proposes a frontier expansion hypothesis as an alternative explanation. Part II develops models to analyse the key economic factors underlying land expansion and water use in developing countries. Part III explores further the 'dualism within dualism' structure of resource dependency, rural poverty and resource degradation within developing countries, and through illustrative country case-studies, proposes policy and institutional reforms necessary for successful resource-based development. |
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Africa aggregate agricultural land expansion analysis Asia autarky Barbier boom Botswana chapter constraints consumption cross-country deforestation degradation developing countries developing economies dualism dualism within dualism Dutch disease economic development economic growth effects environmental estimated example export share Findlay floodplain forest fragile lands freshwater frontier expansion frontier land expansion frontier resource frontier-based development global growth rate Hartwick's rule households hypothesis impact important increase indicates industrial institutions investment irrigation Kuznets Curve labor land conversion Latin America long-run low and middle-income Malaysia mangrove mangrove areas mangrove loss manufacturing marginal markets middle-income countries middle-income economies natural capital open access optimal output policies population growth primary product exports property rights regions regression relative rent-seeking resource abundance resource curse resource dependency resource rents resource stock result shrimp farm small open economy stylized facts successful resource-based development sustainable Table Thailand tion trade triangular trade variables wage water scarcity water utilization World Bank