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The “raw materials curse” is far from being an inevitability, as shown by Norway and Chile. Both examples offer valuable lessons to developing countries on how to sensibly manage mining and oil resources. Following Norway’s example, Chile could build upon its experience and become a key...
Persistent link: https://www.econbiz.de/10005045349
Growing trade with China and India offers new export opportunities for Latin America. Latin American countries need to invest in infrastructure and innovation. * This Policy Insights is based on the Latin American Economic Outlook 2008.
Persistent link: https://www.econbiz.de/10005045426
Limited capacity to pay, large infrastructure needs and a huge backlog in the construction of sanitation facilities make recourse to cross-subsidies and government-funded subsidies a necessity in Africa. * This Policy Insights introduces the African Economic Outlook 2007.
Persistent link: https://www.econbiz.de/10005045431
. Developing countries will account for almost all the increase in the world's labour force over the next 25 years; most countries, especially in Africa, will experience very rapid labour force growth. . Labour-intensive development has been spectacularly successful in some countries and others...
Persistent link: https://www.econbiz.de/10004962357
. A growing recognition of the need to delimit the role of the government, to promote the market framework, and to rely on the private sector as the engine of growth, offers the prospect of a new beginning in rural development in Africa. . Rural people must take a more dominant role, both in...
Persistent link: https://www.econbiz.de/10004962375
• Environmental policy should be inspired by the recognition that the environment is everyone’s business; all social actors must be involved in environmental management • Policies that implicitly subsidize a wasteful and environmentally destructive use of resources are pervasive: reforms...
Persistent link: https://www.econbiz.de/10004962407
It might seem obvious discovering an asset such as oil or copper would be wonderful news for the country making the find. Yet the opposite is often true. The windfall can bring poverty, civil strife, corruption, inequality, slower growth and undemocratic practices. The phenomenon is known as the...
Persistent link: https://www.econbiz.de/10004962410
• Early climate-related actions should be those with a high local economic and/or environmental payoff per unit of impact on greenhouse gases. • Energy, transport and natural resource management policies can often be better designed to realise greenhouse gas reductions at little or no...
Persistent link: https://www.econbiz.de/10004962412
Rural areas of the developing world are the last frontier of the information technology revolution. Telephone and internet penetration there remains a small fraction of what it is in the developed world. Limited means of electronic communication with the outside world are just one source of...
Persistent link: https://www.econbiz.de/10004962469
Strong growth in China and India has led to improvements in raw-material exporting countries' terms of trade and attracted complementary finance. The long-term challenge for these countries, where institutions are often fragile, is to avoid the so-called “resource curse”. This paper aims to...
Persistent link: https://www.econbiz.de/10004962519