Download or read book Oil Rents Corruption and State Stability Evidence From Panel Data Regressions written by International Monetary Fund and published by International Monetary Fund. This book was released on 2009-12-01 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine the effects of oil rents on corruption and state stability exploiting the exogenous within-country variation of a new measure of oil rents for a panel of 31 oil-exporting countries during the period 1992 to 2005. We find that an increase in oil rents significantly increases corruption, significantly deteriorates political rights while at the same time leading to a significant improvement in civil liberties. We argue that these findings can be explained by the political elite having an incentive to extend civil liberties but reduce political rights in the presence of oil windfalls to evade redistribution and conflict. We support our argument documenting that there is a significant effect of oil rents on corruption in countries with a high share of state participation in oil production while no such link exists in countries where state participation in oil production is low.
Download or read book Oil Rents Corruption and State Stability written by Rabah Arezki and published by . This book was released on 2009 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine the effects of oil rents on corruption and state stability exploiting the exogenous within-country variation of a new measure of oil rents for a panel of 31 oil-exporting countries during the period 1992 to 2005. We find that an increase in oil rents significantly increases corruption, significantly deteriorates political rights while at the same time leading to a significant improvement in civil liberties. We argue that these findings can be explained by the political elite having an incentive to extend civil liberties but reduce political rights in the presence of oil windfalls to evade redistribution and conflict. We support our argument documenting that there is a significant effect of oil rents on corruption in countries with a high share of state participation in oil production while no such link exists in countries where state participation in oil production is low.
Download or read book Institutional Design and Capacity to Enhance Effective Governance of Oil and Gas Wealth The Case of Kurdistan Region written by Khazal Abdullah Auzer and published by Springer. This book was released on 2017-05-15 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a ‘critical reappraisal’ of the resource curse thesis and extends the analysis to consider political and social dimensions, and thus, the importance of structure in the petroleum sector’s governance model. It examines major challenges surrounding the governance of petroleum resources, and the implications for the economic growth and development of hydrocarbon-abundant countries as a result of ineffective economic, political, and social mechanisms. The book subsequently investigates a range of causal factors that may promote or hinder the effective management of oil and gas resources in the Kurdistan Region, which also has implications for the security of the wider region and for global energy security. The book also seeks to arrive at lessons learned and policy guidelines to help inform other new petroleum-exporting countries and regions about how to best manage their newfound wealth.
Download or read book Geography and the Wealth of Nations written by Sherif Khalifa and published by Rowman & Littlefield. This book was released on 2022-03-14 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Geography and the Wealth of Nations, Sherif Khalifa argues that geography influences the factors that determine economic performance, such as the quality of institutions, the adopted cultural values, the systems of governance, the likelihood of conflict, the historical experiences, and the integration into the global economy. This book discusses in detail how geographic features influence each of these factors and how these determinants, in turn, affect economic outcomes. Khalifa shows that we cannot fully comprehend the economic consequences of these factors without exploring their geographic origins. This effort is especially critical as the world faces unprecedented environmental challenges, including climate change, worsening natural disasters, resource depletion, soil degradation, deforestation, desertification, and loss of biodiversity. Given these drastic changes, this book provides powerful insight into how geographic determinants continue to shape global crises.
Download or read book China s Contained Resource Curse written by Jing Vivian Zhan and published by Cambridge University Press. This book was released on 2022-03-31 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a country rich in mineral resources, contemporary China remains surprisingly overlooked in the research about the much debated 'resource curse'. This is the first full-length study to examine the distinctive effects of mineral resources on the state, capital and labour and their interrelations in China. Jing Vivian Zhan draws on a wealth of empirical evidence, both qualitative and quantitative. Taking a subnational approach, she zooms in on local situations and demonstrates how mineral resources affect local governance and economic as well as human development. Characterizing mining industries as pro-capital and anti-labour, this study also highlights the redistributive roles that the state can play to redress the imbalance. It reveals the Chinese state's strategies to contain the resource curse and also pinpoints some pitfalls of the China model, which offer important policy implications for China and other resource-rich countries.
Download or read book The Handbook of Global Energy Policy written by Andreas Goldthau and published by John Wiley & Sons. This book was released on 2016-11-14 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first handbook to provide a global policy perspective on energy, bringing together a diverse range of international energy issues in one volume. Maps the emerging field of global energy policy both for scholars and practitioners; the focus is on global issues, but it also explores the regional impact of international energy policies Accounts for the multi-faceted nature of global energy policy challenges and broadens discussions of these beyond the prevalent debates about oil supply Analyzes global energy policy challenges across the dimensions of markets, development, sustainability, and security, and identifies key global policy challenges for the future Comprises newly-commissioned research by an international team of scholars and energy policy practitioners
Download or read book International Development written by Bruce Currie-Alder and published by OUP Oxford. This book was released on 2014-02-27 with total page 1127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thinking on development informs and inspires the actions of people, organizations, and states in their continuous effort to invent a better world. This volume examines the ideas behind development: their origins, how they have changed and spread over time, and how they may evolve over the coming decades. It also examines how the real-life experiences of different countries and organizations have been inspired by, and contributed to, thinking on development. The extent to which development 'works' depends in part on particular local, historical, or institutional contexts. General policy prescriptions fail when the necessary conditions that make them work are either absent, ignored, or poorly understood. There is a need to grasp how people understand their own development experience. If the countries of the world are varied in every way, from their initial conditions to the degree of their openness to outside money and influence, and success is not centred in any one group, it stands to reason that there cannot be a single recipe for development. Each chapter provides an analytical survey of thinking about development that highlights debates and takes into account critical perspectives. It includes contributions from scholars and practitioners from the global North and the global South, spanning at least two generations and multiple disciplines. It will be a key reference on the concepts and theories of development - their origins, evolution, and trajectories - and act as a resource for scholars, graduate students, and practitioners.
Download or read book From Volatility to Stability in Expenditure written by Naotaka Sugawara and published by International Monetary Fund. This book was released on 2014-03-12 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the effect of stabilization funds on the volatility of government expenditure in resource-rich countries. Using a panel data set of 68 resource-rich countries over 1988–2012, the results find that the existence of stabilization funds contributes to smoothing government expenditure. The spending volatility in countries that have established such funds is found to be 13 percent lower in the main estimation, and similar impacts are found in robustness tests. The analysis also shows that political institutions and fiscal rules are significant factors in reducing the expenditure volatility, while highlighting the roles of the size of economy, diversified exports, real sector management, and financial markets.
Download or read book Values and Identities in Europe written by Michael J. Breen and published by Routledge. This book was released on 2017-01-20 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contrary to what is suggested in media and popular discourses, Europe is neither a monolithic entity nor simply a collection of nation states. It is, rather, a union of millions of individuals who differ from one another in a variety of ways while also sharing many characteristics associated with their ethnic, social, political, economic, religious or national characteristics. This book explores differences and similarities that exist in attitudes, beliefs and opinions on a range of issues across Europe. Drawing on the extensive data of the European Social Survey, it presents insightful analyses of social attitudes, organised around the themes of religious identity, political identity, family identity and social identity, together with a section on methodological issues. A collection of rigorously analysed studies on national, comparative and pan-European levels, Values and Identities in Europe offers insight into the heart and soul of Europe at a time of unprecedented change. As such, it will appeal to scholars across the social sciences with interests in social attitudes, social change in Europe, demographics and survey methods.
Download or read book Getting Globalization Right written by Luigi Paganetto and published by Springer. This book was released on 2018-09-15 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents stimulating new perspectives on three key sets of issues: a fair globalization, the policies that might be adopted in response to protectionist pressures, and sustainable development policies involving G7 and G20 actions to lay the foundations for renewed trust. The individual topics addressed within this framework are wide ranging. Examples include globalization and national inequality, globalization and policies for inclusive growth in developing countries, the sources of controversies regarding trade agreements and their effects, the impact of new U.S. commercial policies on the world trading system, real convergence in the Euro area, and the causes of Brexit. The book comprises a selection of contributions presented at the XXIXth Villa Mondragone International Economic Seminar. In offering contrasting points of view on topics of high current interest, it will appeal to academics, policymakers, and economic experts at institutions.
Download or read book Social Sciences and Interdisciplinary Behavior written by Ford Lumban Gaol and published by CRC Press. This book was released on 2016-09-19 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social Sciences and Interdisciplinary Behavior contains papers that were originally presented at the 4th International Congress on Interdisciplinary Behavior and Social Science 2015 (ICIBSoS 2015), held 22-23 October 2015 at The Institute of Management, Economics and Finance of the Kazan Federal University, Kazan, Russia and 7-8 November 2015 in Arya Duta Hotel, Jakarta, Indonesia. The contributions deal with various interdisciplinary research topics, particularly in the fields of social sciences, education, economics and arts. The papers focus especially on such topics as language, cultural studies, economics, behavior studies, political sciences, media and communication, psychology and human development.
Download or read book Oil to Cash written by Todd Moss and published by Brookings Institution Press. This book was released on 2015-06-10 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: What should a country do if it suddenly discovers oil and gas? How should it spend the subsequent cash windfall? How can it protect against corruption? How can citizens truly benefit from national wealth? With many of the world's poorest and most fragile states suddenly joining the ranks of oil and gas producers, these are pressing policy questions. Oil to Cash explores one option that may help avoid the so-called resource curse: just give the money directly to citizens. A universal, transparent, and regular cash transfer would not only provide a concrete benefit to regular people, but would also create powerful incentives for citizens to hold their government accountable. Oil to Cash details how and where this idea could work and how policymakers can learn from the experiences with cash transfers in places like Mexico, Mongolia, and Alaska.
Download or read book Governing Natural Resources for Africa s Development written by Hany Besada and published by Taylor & Francis. This book was released on 2016-09-13 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bringing together some of the world’s leading thinkers and policy experts in the area of natural resource governance and management in Africa, this volume addresses the most critical policy issues affecting the continent’s ability to manage and govern its precious resources. The narrative of the book is solutions-driven, as experts weigh on specific issues within the context of Africa’s natural resource governance and offer appropriate policy recommendations on how to best manage the continent’s resources. This is a must-read for government policy makers in industrialized economies and, more importantly, in Africa and emerging economies, as well as for academic researchers working in the field, extractive companies operating on the continent, extractive industry and trade associations, and multilateral and donor aid institutions.
Download or read book The Oxford Handbook of Local Competitiveness written by David B. Audretsch and published by Oxford University Press. This book was released on 2015-08-03 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: The local levels of economies have felt the impact of technological change and globalization. These forces have triggered the need to understand the dynamic mechanisms that enable locales to respond to such changes. For example, the downsizing of traditional employers because of a major loss in market share due to new competitors, acquisition by global firms, or off-shoring of production or services was traditionally thought to be beyond the scope of powers of local policy makers, thinkers, and business leaders. In the world of practice, those concerned about the economic performance of place-city, region or state-are increasingly focused on how to adapt to these trends and leverage their existing resources to respond to these global challenges as a positive opportunity. The Oxford Handbook of Local Competitiveness brings together some of the leading minds in the fields of business, economics, and the social sciences to identify, articulate, and analyze what influences and shapes local competitiveness and what places can do to enhance their economic performance. The contributors to the Handbook provide a body of systematic analyses suggesting that the local context is a critical element of the forces that shape competitiveness. The challenges to generate and sustain economic performance vary across places, and the factors and conditions that either enhance or impede competiveness also are place-specific. Finally, the characteristics and nature of what constitutes success also vary across places. This Handbook is essential reading material for academics in the fields of economics and public policy, as well as business leaders who hope to gain a more in-depth understanding of their field. Informative and intellectually rigorous, The Oxford Handbook of Local Competitiveness is the definitive volume of scholarly analysis regarding the relationship between place and economic competition.
Download or read book Handbook of Sustainable Politics and Economics of Natural Resources written by Tsani, Stella and published by Edward Elgar Publishing. This book was released on 2021-12-10 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely Handbook draws together insightful analyses of natural resource management challenges and solutions in the face of sustainable development targets and a changing global climate.
Download or read book Oil and National Identity in the Kurdistan Region of Iraq written by Alessandro Tinti and published by Routledge. This book was released on 2021-11-29 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the interplay between the oil economy and identity politics using the Kurdistan Region of Iraq as a case study, this book tells the untold story of how extractivism in the Kurdish autonomous region is interwoven in a mosaic of territorial disputes, simmering ethnic tensions, dynastic rule, party allegiances, crony patronage, and divergent visions about nature. Since the ousting of Saddam Hussein, the de-facto borders of the Kurdistan Region of Iraq have repeatedly changed, with energy interests playing a major role in such processes of territorialisation. However, relatively little research exists on the topic. This book provides a timely, empirical analysis of the intersections between extractive industries, oil imaginaries, and identity formation in one of the most coveted energy frontiers worldwide. It shines a light on relations between the global production networks of petro-capitalism and extractive localities. Besides the strained federal relationship with the Iraqi central government, the transformative effects the petroleum industry has had on Kurdish society are also explored in depth. Moreover, the book fills a gap in the literature on Kurdish Studies, which has devoted scant attention to energy-related issues in the re-imagination of Kurdish self-determination. This book will be of great interest to students and scholars of the extractive industries, energy studies, conflict studies, Middle Eastern politics, and political ecology.
Download or read book How Public Investment Could Help Strengthen Iran s Growth Potential Issues and Options written by Amir Sadeghi and published by International Monetary Fund. This book was released on 2018-06-08 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public investment is key to growth in developing oil-exporting countries and oil revenue is an important source of finance for public investment. Assessing the growth impact of public investment in Iran under various investment scaling-up (gradual, aggressive, and conservative) and oil price (baseline and adverse) scenarios, this paper shows that because of absorptive capacity constraint and investment inefficiency the growth outcome of an aggressive investment scaling-up is not significantly different from a conservative or a gradual scenario while its costs, in terms of fiscal adjustment, are significantly higher, especially during low oil price periods. An improvement in investment efficiency has a significant positive impact on growth outcome and leads to higher private consumption and investment. Using an oil fund, on the other hand, can help contain the size of fiscal adjustments, although it would result in a larger appreciation of real exchange rate and deterioration in the current account balance.
