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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
Countries face both challenges and opportunities in using their extractive industries to achieve more inclusive development - particularly in the developing world. Yet while a large national income can result from resource wealth, it can also be associated with acute social inequality and deep...
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Klappentext: Nach einem Überblick über die verschiedenen Konzepte der "Sustainable Development" stellt der Autor am Beispiel der Nutzung tropischer Wälder dar, von welchen Sektoren Umweltschäden ausgehen und welchen gesamtwirtschaftlichen Beitrag diese Sektoren leisten. Anschließend wird...
Persistent link: https://www.econbiz.de/10012939301
estimations of an "invented U" shaped relationship between a variety of indicators of environmental pollution or resource …
Persistent link: https://www.econbiz.de/10014085405
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
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