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Persistent link: https://www.econbiz.de/10011327160
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) policies. Various writings and commentators from Africa, Asia and Latin America advocated to follow the path of East Asian …
Persistent link: https://www.econbiz.de/10013372845
This paper investigates the relationship between resource funds, governance and institutional quality in resource-rich countries. The study is motivated by the relatively recent and inconclusive debate on resource funds and on their role in the addressing of the “resource curse”. The...
Persistent link: https://www.econbiz.de/10013076341
Developing countries rich in fossil-fuels face a unique challenge posed by climate change. They seek to extract fossil fuels at a time when the global community must reduce carbon emissions. Effective global climate policies and low carbon technologies will likely reduce the demand for fossil...
Persistent link: https://www.econbiz.de/10012909639
We present a simple model of internal and external balance that incorporates the key features of resource-rich developing countries (RRDCs). The main result is that "government take", which is the ratio of fiscal resource revenue to resource output, is a key determinant of the equilibrium real...
Persistent link: https://www.econbiz.de/10013202700
A large mining project has the potential to be a partner in assisting local communities in their development efforts. Communities located in close proximity to a large mine have every right to expect that the project will benefit their community. Often, reality falls short of their expectations...
Persistent link: https://www.econbiz.de/10011637747
This paper analyzes the tradeoffs between savings, debt and public investment in the Republic of Congo, a developing country with looming oil exhaustibility concerns. Our results highlight the risks to fiscal and capital sustainability of oil exporting countries from large scaling-up in public...
Persistent link: https://www.econbiz.de/10012999764
This paper starts out from the optimistic assumption that the basic policies for environmental economic development are known but uncertainties surround the speed of their adoption. In many developing countries the key obstacle is poor governance: consequently, renewable resources continue to be...
Persistent link: https://www.econbiz.de/10014076310
We present a simple model of internal and external balance that incorporates the key features of resource-rich developing countries (RRDCs). The main result is that “government take", which is the ratio of fiscal resource revenue to resource output, is a key determinant of the equilibrium real...
Persistent link: https://www.econbiz.de/10014083336