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In this paper we document the stylized facts about the relationship between international oil price swings, sovereign risk and macroeconomic performance of oil-exporting economies. We show that even though being a bigger oil producer decreases sovereign risk–because it increases a...
Persistent link: https://www.econbiz.de/10011950480
The management of revenues from exhaustible natural resources involves a number of challenges. In this paper, we argue that the standard policy advice to managers of resource revenues has been dominated by short-termism and the lack of a perspective on economic development and structural...
Persistent link: https://www.econbiz.de/10012265519
development - particularly in the developing world. Yet while a large national income can result from resource wealth, it can also …
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Many of the world's poor people depend on natural resources for their well-being. Four-fifths of the world's poor …-dependent communities. The World Bank has committed to reducing the vulnerability of resource-dependent people. This evaluation assesses how … well the World Bank has addressed natural resource degradation to reduce the vulnerabilities of resource-dependent people …
Persistent link: https://www.econbiz.de/10012521933
Chapter 1- Setting the context -- Chapter 2- Managing natural resources sustainably: market and non-market comprehension -- Chapter 3- Biodiversity resources: degradation, protection, and sustainable conservation -- Chapter 4- Water resources: provision, distribution, and sustainable production...
Persistent link: https://www.econbiz.de/10014229287
There are large volumes of gas offshore Tanzania, which has raised hopes of a boom. But those hopes look set to be disappointed. A boom would depend on there being a sizeable flow of revenue to government from producing and exporting gas. This paper sets out the scale of the gas, and the array...
Persistent link: https://www.econbiz.de/10011955475