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Lifting Economic Sanctions on Iran : Global Effects and Strategic Responses

Ianchovichina, Elena - 2017

Iran with and without strategic responses. Iran benefits the most, with average per capita welfare gains ranging from close … to 3 percent, in the case when Iran's crude oil exports to the European Union recover to half their pre-embargo level, to … that enable a strong supply response, and increased market access for Iranian exports in developed markets. Iran could …

Persistent link: https://www.econbiz.de/10012970129

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

Long-Run Growth in Ghana : Determinants and Prospects

Herrera, Santiago - 2017

Ghana's economic growth picked up in the early 2000s and has been exceptionally strong over the past few years, with price booms of its main commodity exports, gold and cocoa, and the initiation of commercial oil production in 2011. This paper examines recent econometric evidence on Ghana's...

Persistent link: https://www.econbiz.de/10012972474

How Much Oil is the Islamic State Group Producing? Evidence from Remote Sensing

Do, Quy-Toan - 2017

Accurately measuring oil production in low-governance contexts is an important task. Many terrorist organizations and insurgencies -- including the Islamic State group, also known as ISIL/ISIS or Daesh -- tap oil as a revenue source. Understanding spatial and temporal variation in production in...

Persistent link: https://www.econbiz.de/10012944258

Oil and the Propensity to Armed Struggle in the Niger Delta Region of Nigeria

Oyefusi, Aderoju - 2016

This paper attempts to explain the determinants of the propensity to armed struggle and the probability of participation by individuals in the Niger Delta region of Nigeria using primary (micro) data. While grievance appears to be pervasive among individuals and communities in the region and can...

Persistent link: https://www.econbiz.de/10012747782

Efficiency and Equity Implications of Oil Windfalls in Brazil

Jorgensen, Ole Hagen - 2017

Large oil reserves off the coast of Brazil may substantially increase the country?s oil revenue in the future. A natural resource "curse" could be the consequence if an appropriate share of the oil revenue is not invested. This issue is addressed in this paper for Brazil both theoretically and...

Persistent link: https://www.econbiz.de/10012974014

Does Oil Revenue Crowd Out Other Tax Revenues? Policy Lessons for Uganda

Tsoungui Belinga, Vincent De Paul; Melou, Maximillien Kaffo - 2017

This paper examines the relationship between hydrocarbon and non-hydrocarbon revenues using a probabilistic panel model with data covering 30 resource-rich countries over 1992-2012. It also discusses policy implications for Uganda, a country with recently discovered oil reserves. The findings...

Persistent link: https://www.econbiz.de/10014121590

Capital Fundamentalism, Economic Development, and Economic Growth

Grigorian, David - 2017

Few economic ideas are as intuitive as the notion that increasing investment is the best way to raise future output. This idea was the basis for the theory quot;capital fundamentalism.quot; Under this view, differences in national stocks of capital were the primary determinants of differences in...

Persistent link: https://www.econbiz.de/10012746919

Finance and Growth : Schumpeter Might Be Right

Drebentsov, Vladimir - 2017

Joseph Schumpeter argued in 1911 that the services provided by financial intermediaries - mobilizing savings, evaluating projects, managing risk, monitoring managers, and facilitating transactions -stimulate technological innovation and economic development. The authors present evidence that...

Persistent link: https://www.econbiz.de/10012746925

Hunting for Leopards : Long Run Country Income Dynamics in Africa

Arbache, Jorge Saba - 2016

This paper examines the country-level dynamics of long-run growth in Africa between 1975 and 2005. The authors examine how growth has affected mobility and the distribution of income among countries. They analyze changes in cross-country income structure and convergence, and look for evidence of...

Persistent link: https://www.econbiz.de/10012747195

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