Natural Resources and Economic Development

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Cambridge University Press, 24.11.2005 - 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.
 

Inhalt

Natural resources and developing countries an overview
11
Natural resourcebased economic development in history
51
Does natural resource dependence hinder economic development?
108
Frontier expansion and economic development
155
Explaining land use change in developing countries
185
The economics of land conversion
209
Does water availability constrain economic development?
242
Rural poverty and resource degradation
286
Can frontierbased development be successful?
321
Policies for sustainable resourcebased development in poor economies
344
References
373
Index
401
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Beliebte Passagen

Seite 14 - WCED, or Brundtland Commission). The WCED defined sustainable development as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs" (WCED 1987). Economists are generally comfortable with this broad interpretation of sustainability, as it is easily translatable into economic terms: an increase in well-being today should not have as its consequences a reduction in well-being tomorrow.
Seite 16 - According to the weak sustainability view, there is essentially no inherent difference between natural and other forms of capital, and hence the same "optimal depletion" rules ought to apply to both. As long as the natural capital that is being depleted is replaced with even more valuable physical and human capital, then the value of the aggregate stock - comprising

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Autoren-Profil (2005)

Edward B. Barbier is currently the John S. Bugas Professor of Economics in the Department of Economics and Finance, University of Wyoming. He has over twenty years' experience as an environmental and resource economist, working mainly on the economics of environment and development issues.

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