Escaping the Resource Curse PDF (Adobe DRM) download by Macartan Humphreys

Escaping the Resource Curse

Columbia University Press
Publication date: July 2007
ISBN: 9780231512107
Digital Book format: PDF (Adobe DRM)

Buy PDF

List price:
$23.99
Our price:
$21.99

You save: $2.00 (8%)
GET THIS EBOOK
FOR FREE!
Join our Facebook sweepstake, share and
get 10 likes. Winners
get notified in 24H!
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.
Please sign in to review this product.
Format:
Devices:
Escaping the Resource Curse PDF (Adobe DRM) can be read on any device that can open PDF (Adobe DRM) files.

File Size:
2913 Kb
Language:
ENG
Copy From Text:
Disabled.
Printing:
Disabled.
Escaping the Resource Curse PDF (Adobe DRM) download by Macartan Humphreys
Columbia University Press, July 2007
ISBN: 9780231512107
EAN:  9780231512107
PDF (Adobe DRM)
List Price: $23.99 eBook price: $21.99
Escaping the Resource Curse ePub (Adobe DRM) download by Macartan Humphreys
Columbia University Press, July 2007
ISBN: 9780231512107
EAN:  2370004328348
ePub (Adobe DRM)
List Price: $28.99 eBook price: $25.99