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The paper reviews what we know about the possibilities of designing and implementing policy measures that raise the contribution of the extractive industries' production/consumption links to economic growth and wellbeing, and reviews how policies pursued by various governments have succeeded. It...
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Mine-related transport infrastructure specializes in connecting mines to the coast, and not so much to neighboring countries. This is most clearly seen in developing countries, whose transport infrastructure was originally designed to facilitate the export of natural resources in colonial times....
Persistent link: https://www.econbiz.de/10009724050
Developing countries with considerable mineral reserves might be expected to have fewer problems with debt-servicing than other developing countries lacking these resources. In fact, during the past decade a not insignificant number of the former had to apply for a rescheduling of their foreign...
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Mine-related transport infrastructure specializes in connecting mines to the coast, and not so much to neighboring countries. This is most clearly seen in developing countries, whose transport infrastructure was originally designed to facilitate the export of natural resources in colonial times....
Persistent link: https://www.econbiz.de/10013083876
Dans cet article nous analysons l'impact de la volatilité des prix des matières premières sur les recettes fiscales des pays en développement, alors que la littérature s'est principalement concentrée sur son effet sur la croissance économique. Notre analyse quantitative porte sur 80 pays...
Persistent link: https://www.econbiz.de/10013007653
In theory, new mineral wealth should offer governments a chance to boost economic growth and reduce inequality. In practice, it often leads to economic stagnation, civil conflict, and heightened inequality. To avoid these problems, governments must navigate a complex series of economic, social,...
Persistent link: https://www.econbiz.de/10012554404