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Cultivate or Rent Out? Land Security in Rural Thailand

Giné, Xavier - 2005

In the 1980's the Thai government tried to legalize squatters by issuing special titles that restricted the sale and rental of the land. Using data from 2,874 farming households collected in 1997, the author finds that in places where these government titles where issued, leased plots are more...

Persistent link: https://www.econbiz.de/10012784977

Evidence for a Presource Curse? Oil Discoveries, Elevated Expectations, and Growth Disappointments

Cust, James Frederick - 2017

Oil discoveries can constitute a major positive and exogenous shock to economic activity, but the resource curse hypothesis would suggest they might also be detrimental to growth over the long run. This paper utilizes a new methodology for estimating growth underperformance to examine the extent...

Persistent link: https://www.econbiz.de/10012951503

Are Natural Resources Cursed? An Investigation of the Dynamic Effects of Resource Dependence on Institutional Quality

De Rosa, Donato - 2017

This paper examines whether natural resource dependence has a negative influence on various indicators of institutional quality when controlling for the potential effects of other geographic, economic and cultural initial conditions. Analysis of a panel of countries from 1996 to 2010 indicates...

Persistent link: https://www.econbiz.de/10012975086

The"Resource Curse"In MENA? Political Transitions, Resource Wealth, Economic Shocks, and Conflict Risk

Ross, Michael L. - 2017

The recent political upheavals in the Middle East and North Africa region have exposed growing concerns about conflict risk, political stability, and reform prospects across its societies. Given the prevalence of oil and gas resource endowments in the region, which a voluminous literature...

Persistent link: https://www.econbiz.de/10012975862

Nigeria's Growth Record : Dutch Disease or Debt Overhang?

Pang, Gaobo - 2016

Nigeria's oil boom has not brought an end to perennial stagnation in the non-oil economy. Is this the unavoidable consequence of the resource boom or have misguided policies contributed? This paper indicates that the extreme volatility of expenditure rather than Dutch Disease effects are behind...

Persistent link: https://www.econbiz.de/10012747716

Removing Impediments to Sustainable Economic Development : The Case of Corruption

Lopez-Claros, Augusto - 2017

This paper examines causes and consequences of corruption within the process of economic development. It starts by … reviewing some of the factors that, over the past couple of decades, have transformed corruption from a subject on the sidelines …, the paper analyzes many of the institutional mechanisms that sustain corruption and the impact of corruption on …

Persistent link: https://www.econbiz.de/10012973777

Enrichment with Growth

Klein, Michael U. - 2017

This essay first sets out the "business model" problems entailed by corruption and their effects as well as … corrupt practices. However, different economic policies can be pursued that are compatible with corruption. Some are more pro … resemble fairly orthodox economic policy prescriptions. Eventually the abolition of corruption holds the greatest promise to …

Persistent link: https://www.econbiz.de/10012975682

The Political Economy of Direct Dividend Transfers in Resource-Rich Countries : A Theoretical Consideration

McGuirk, Eoin - 2017

The acceleration of natural resource discoveries across many parts of the developing world has highlighted the urgent need for solutions to the mismanagement of windfalls that has blighted many countries over the past half-century. One proposal involves distributing annually a share of resource...

Persistent link: https://www.econbiz.de/10012969966

Do Resource-Rich Countries Suffer from a Lack of Fiscal Discipline?

Bleaney, Michael - 2017

Fiscal indicators for resource-rich and resource-poor low- and middle-income countries are compared using annual data from 1996 to 2012. Resource richness is defined by export composition: fuel greater than a 25 percent share and/or ores and metals greater than a 10 percent share. Fuel exporters...

Persistent link: https://www.econbiz.de/10012970120

Budget Rules and Resource Booms : A Dynamic Stochastic General Equilibrium Analysis

Devarajan, Shantayanan - 2017

This paper develops a dynamic stochastic general equilibrium model to analyze and derive simple budget rules in the face of volatile public revenue from natural resources in a low-income country like Niger. The simulation results suggest three policy lessons or rules of thumb. When a resource...

Persistent link: https://www.econbiz.de/10012972940

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