Download or read book Sudden Influxes of Resource Wealth to the Economy written by Fabian Mendez Ramos and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Dutch Disease is a condition in which a sudden increase of resource wealth from an extractive sector (such as oil, gas, coal, or mining) undermines other areas of the economy (such as agriculture, manufacturing, or tradeable services), shrinking them while spurring an appreciation in the real exchange rate. Although this may have some positive effects in the short run, Dutch Disease episodes can potentially lead to sectoral concentration and lower economic growth in the long run. This policy brief takes a systematic look at this macroeconomic phenomenon, collects evidence for 83 countries from 1998 to 2017, and summarizes policies that aim to prevent or mitigate Dutch Disease and some of its effects. A long-term perspective to prevent excessive dependence on natural resources and promote broad-based growth should include improvements in institutional governance of natural resource wealth, development of the financial sector to provide risk management products, and diversification of the economy through selective taxes and provision of public goods.

Download or read book The Changing Wealth of Nations 2018 written by Glenn-Marie Lange and published by World Bank Publications. This book was released on 2018-01-30 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries regularly track gross domestic product (GDP) as an indicator of their economic progress, but not wealth—the assets such as infrastructure, forests, minerals, and human capital that produce GDP. In contrast, corporations routinely report on both their income and assets to assess their economic health and prospects for the future. Wealth accounts allow countries to take stock of their assets to monitor the sustainability of development, an urgent concern today for all countries. The Changing Wealth of Nations 2018: Building a Sustainable Future covers national wealth for 141 countries over 20 years (1995†“2014) as the sum of produced capital, 19 types of natural capital, net foreign assets, and human capital overall as well as by gender and type of employment. Great progress has been made in estimating wealth since the fi rst volume, Where Is the Wealth of Nations? Measuring Capital for the 21st Century, was published in 2006. New data substantially improve estimates of natural capital, and, for the fi rst time, human capital is measured by using household surveys to estimate lifetime earnings. The Changing Wealth of Nations 2018 begins with a review of global and regional trends in wealth over the past two decades and provides examples of how wealth accounts can be used for the analysis of development patterns. Several chapters discuss the new work on human capital and its application in development policy. The book then tackles elements of natural capital that are not yet fully incorporated in the wealth accounts: air pollution, marine fi sheries, and ecosystems. This book targets policy makers but will engage anyone committed to building a sustainable future for the planet.

Download or read book Changing the Indian Economy written by Rama P. Kanungo and published by Elsevier. This book was released on 2018-05-31 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Changing the Indian Economy: Renewal, Reform and Revival explores the fact that post-Modi India is witnessing unprecedented socioeconomic change, truly labeled as Modi’s Mantra and his attempts to morph the Indian economic landscape. India is using an intelligent economic process for its renewal and growth, however, in a recent study by Nomura, 2016, The Japanese Financial Services firm, it is reported that there is downside risk to India’s baseline forecast of 7.8 per cent GDP growth in 2016. Although the report suggests that there was a mid-cycle consolidation in mid-2014, the recovery seems to be losing momentum. This book offers a novel, but inclusive outlook to the entire post-Modi economic overhaul. Offers a comprehensive narrative of the current economic scene in India Explores how the measures for reform are intelligent, while also considering their weaknesses Shows how India has a strong potential to grow amidst diversity of economic reforms and changing governance Includes a compilation of insightful articles on Indian economic reform and future prospects

Download or read book Addressing the Natural Resource Curse written by Mr.Arvind Subramanian and published by International Monetary Fund. This book was released on 2003-07-01 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some natural resources-oil and minerals in particular-exert a negative and nonlinear impact on growth via their deleterious impact on institutional quality. We show this result to be very robust. The Nigerian experience provides telling confirmation of this aspect of natural resources. Waste and poor institutional quality stemming from oil appear to have been primarily responsible for Nigeria's poor long-run economic performance. We propose a solution for addressing this resource curse which involves directly distributing the oil revenues to the public. Even with all the difficulties that will no doubt plague its actual implementation, our proposal will, at the least, be vastly superior to the status quo. At best, however, it could fundamentally improve the quality of public institutions and, as a result, durably raise long-run growth performance.

Download or read book Natural Resources and Violent Conflict written by Ian Bannon and published by World Bank Publications. This book was released on 2003-01-01 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research carried out by the World Bank on the root causes of conflict and civil war finds that a developing country's economic dependence on natural resources or other primary commodities is strongly associated with the risk level for violent conflict. This book brings together a collection of reports and case studies that explore what the international community in particular can do to reduce this risk.; The text explains the links between natural resources and conflict and examines the impact of resource dependence on economic performance, governance, secessionist movements and revel financing. It then explores avenues for international action - from financial and resource reporting procedures and policy recommendations to commodity tracking systems and enforcement instruments, including sanctions, certification requirements, aid conditionality, legislative and judicial instruments.

Download or read book Africa s Natural Resources and Underdevelopment written by Kwamina Panford and published by Springer. This book was released on 2017-02-02 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how African countries can convert their natural resources, particularly oil and gas, into sustainable development assets. Using Ghana, one of the continent’s newest oil-producing countries, as a lens, it examines the "resource curse" faced by other producers - such as Nigeria, Angola, and Equatorial Guinea - and demonstrates how mismanagement in those countries can provide valuable lessons for new oil producers in Africa and elsewhere. Relying on a broad range of fieldwork and policymaking experience, Panford suggests practical measures for resource-rich developing countries to transform natural resources into valuable assets that can help create jobs, boost human resources, and improve living and working conditions in Ghana in particular. He suggests fiscal, legal, and environmental antidotes to resource mismanagement, which he identifies as the major obstacle to socioeconomic development in countries that have historically relied on natural resources.

Download or read book Confronting The Curse written by Cullen Hendrix and published by Columbia University Press. This book was released on 2014-04-12 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries blessed with abundant natural resources often seek financial and political power from their supposedly lucky status. But the potentially negative impact of natural resources on development of poor countries is captured in the phrase "the resource curse." Instead of success and prosperity, producers of gold, oil, rubber, sugar, and other commodities—many in the least developed parts of Africa and Asia—often remain mired in poverty and plagued by economic mismanagement, political authoritarianism, foreign exploitation, and violent conflict. These difficulties and the many challenges they pose for American foreign policy are the focus of this important new book. Marcus Noland and Cullen S. Hendrix review recent developments as poor countries struggle to avoid the "resource curse" but fall too often into that trap. They call for support for international efforts to encourage greater transparency and improved management of natural resource wealth and for new partnerships between the West and the developing world to "confront the curse."

Download or read book The Lives of Extraction written by and published by BRILL. This book was released on 2023-11-13 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: The frontiers of extraction are expanding rapidly, driven by a growing demand for minerals and metals that is often motivated by sustainability considerations. Two volumes of International Development Policy are dedicated to the paradoxes and futures of green extractivism, with analyses of experiences from five continents. In this, the first of these two volumes, 16 authors offer a critical and nuanced understanding of the social, cultural and political dimensions of extraction. The experiences of communities, indigenous peoples and workers in extractive contexts are deeply shaped by narratives, imaginaries and the complexity of social contexts. These dimensions are crucial to making extraction possible and to sustaining its expansion, but also to identifying possibilities for resistance, and to paving the way for alternative, post-extractive economies. This volume is accompanied by IDP 16, The Afterlives of Extraction: Alternatives and Sustainable Futures.

Download or read book Resource Governance and Developmental States in the Global South written by Jewellord Nem Singh and published by Springer. This book was released on 2017-06-24 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: The political economy landscape has shifted as multinational corporations increase their investment efforts, changing the geographies of extraction. The contributors make the argument for the need of new theoretical perspectives anchored in critical political economy to address structural dynamics in the global industry.

Download or read book The Orange Economy written by Inter American Development Bank and published by Inter-American Development Bank. This book was released on 2013-10-01 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This manual has been designed and written with the purpose of introducing key concepts and areas of debate around the "creative economy", a valuable development opportunity that Latin America, the Caribbean and the world at large cannot afford to miss. The creative economy, which we call the "Orange Economy" in this book (you'll see why), encompasses the immense wealth of talent, intellectual property, interconnectedness, and, of course, cultural heritage of the Latin American and Caribbean region (and indeed, every region). At the end of this manual, you will have the knowledge base necessary to understand and explain what the Orange Economy is and why it is so important. You will also acquire the analytical tools needed to take better advantage of opportunities across the arts, heritage, media, and creative services.

Download or read book Microstate Macro Consequences The Nauru Case A Deep Dive into the Economic Social and Environmental Paradoxes of The Republic of Nauru written by Sophia Fairview and published by Indepent Artists. This book was released on 2023-09-25 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Microstate, Macro Consequences: The Nauru Case" offers a nuanced exploration of Nauru, a tiny island nation that serves as a microcosm of larger global issues. Despite its small size, Nauru's story is replete with lessons that resonate on a global scale. Key Themes: Economic Volatility: From phosphate booms to financial collapses, Nauru's economic history serves as a cautionary tale of dependency on a single resource and the perils of lacking diversification. Environmental Challenges: Unsustainable resource exploitation has led to severe environmental degradation, offering a stark lesson in the need for sustainable practices. Human Rights: Scrutiny is given to the island's controversial role in the refugee crisis, as well as its treatment of vulnerable populations, including the LGBTQAI+ community. Globalization and Sovereignty: Navigating complex relationships with larger powers like Australia and international organizations reveals the inherent challenges of maintaining sovereignty in a globalized world. Social Fabric: Gender roles, national identity, and the impact of the diaspora are explored to understand the island's unique social and cultural dynamics. Scientific and Ethical Considerations: A rigorous, data-driven approach assesses various factors impacting Nauru's development, from environmental metrics to healthcare systems. Global Implications: Lessons learned from Nauru are extrapolated to offer insights into broader issues such as climate change, economic inequality, and governance. This comprehensive analysis serves not only as a deep dive into a unique nation but also as a broader commentary on the complexities of globalization, governance, and ethical responsibility in the 21st century. Read less

Download or read book Kleptocracy The Theft of Nations written by Samuel James and published by Dr. Samuel Inbaraja S . This book was released on 2024-03-16 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: The word "kleptocracy" derives from the Greek kleptes (thief) and kratos (rule), meaning literally "rule by thieves." While we might envision petty pickpockets, kleptocracy is far grander and vastly more insidious. It is the abuse of public power to enrich a ruling class at the expense of the wider nation. It is systemic, institutionalized corruption at the highest levels of governance. History teems with rulers who plundered for personal gain. But modern kleptocracy stands apart in its sophistication, globalization, and sheer scale. Advances in international finance, opaque legal structures, and the erosion of democratic norms have created fertile ground for the 21st-century kleptocrat. This book is a journey into the heart of that system. It dissects the tools, techniques, and players that prop up kleptocratic regimes worldwide. We will explore how illicit wealth is hidden, laundered, and funneled into assets ranging from luxury real estate to political influence.

Download or read book Strong Towns written by Charles L. Marohn, Jr. and published by John Wiley & Sons. This book was released on 2019-10-01 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new way forward for sustainable quality of life in cities of all sizes Strong Towns: A Bottom-Up Revolution to Build American Prosperity is a book of forward-thinking ideas that breaks with modern wisdom to present a new vision of urban development in the United States. Presenting the foundational ideas of the Strong Towns movement he co-founded, Charles Marohn explains why cities of all sizes continue to struggle to meet their basic needs, and reveals the new paradigm that can solve this longstanding problem. Inside, you’ll learn why inducing growth and development has been the conventional response to urban financial struggles—and why it just doesn’t work. New development and high-risk investing don’t generate enough wealth to support itself, and cities continue to struggle. Read this book to find out how cities large and small can focus on bottom-up investments to minimize risk and maximize their ability to strengthen the community financially and improve citizens’ quality of life. Develop in-depth knowledge of the underlying logic behind the “traditional” search for never-ending urban growth Learn practical solutions for ameliorating financial struggles through low-risk investment and a grassroots focus Gain insights and tools that can stop the vicious cycle of budget shortfalls and unexpected downturns Become a part of the Strong Towns revolution by shifting the focus away from top-down growth toward rebuilding American prosperity Strong Towns acknowledges that there is a problem with the American approach to growth and shows community leaders a new way forward. The Strong Towns response is a revolution in how we assemble the places we live.

Download or read book Why It s OK to Want to Be Rich written by Jason Brennan and published by Routledge. This book was released on 2020-09-22 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finger-wagging moralizers say the love of money is the root of all evil. They assume that making a lot of money requires exploiting others, and that the best way to wash off the resulting stain is to give a lot of it away. In Why It’s OK to Want to Be Rich, Jason Brennan shows that the moralizers have it backwards. He argues that, in general, the more money you make, the more you already do for others, and that even an average wage earner is productively “giving back” to society just by doing her job. In addition, wealth liberates us to have the best chance of leading a life that’s authentically our own. Brennan also demonstrates how money-based societies create nicer, more trustworthy, and more cooperative citizens. And in another chapter that takes on the new historians of capitalism, Brennan argues that wealthy nations became wealthy because of their healthy institutions, not from their horrific histories of slavery or colonialism. While writing that the more money one has, the more one should help others, Brennan also notes that we weren’t born into a perpetual debt to society. It’s OK to get rich and it’s OK to enjoy being rich, too. --- Key Features Shows how the desire to become wealthy in an open and fair market helps maximize cooperation and lessens the chance of violence and war Argues that it is much easier for the average for-profit business to add value to the world than it is for the average non-profit Demonstrates that the kinds of virtues (e.g., conscientiousness, thoughtfulness, hard work) that lead to desirable personal and civic states (e.g., happy marriages, stable families, engaged citizens) also make people richer Argues that living in small clans for most of their history has given humans a negative attitude towards anyone acquiring more than her "fair share," an attitude that’s ill-suited for our market-driven, globally connected world In a final, provocative chapter, maintains that ideal economic growth is infinite.

Download or read book Authority in the Global Political Economy written by V. Rittberger and published by Springer. This book was released on 2008-03-27 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume analyzes changing patterns of authority in the global political economy with an in-depth look at the new roles played by state and non-state actors, and addresses key themes including the provision of global public goods, new modes of regulation and the potential of new institutions for global governance.

Download or read book Non State Violent Actors and Social Movement Organizations written by Julie M. Mazzei and published by Emerald Group Publishing. This book was released on 2017-04-26 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume focusses on non-state actors and political conflicts but also attends to the broader themes of the series. The research emphases the roles and motivations of non-state actors in conflicts or post-conflict situations in the post-Cold War era; as well outlining the dynamics of social movements, conflicts, or change.

Download or read book The General Theory of Employment Interest and Money written by John Maynard Keynes and published by . This book was released on 1989 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: