This book examines the paradox that resource-rich countries often struggle to manage their resources in a way that will help their economies thrive. It looks at how a country's political regime and quality of governance can determine the degree to which it benefits - or suffers - from having...

The Index of Sustainable Functionality (ISF) makes it possible to analyse domains and the sustainability of multiple systems from various perspectives. This paper uses available household wealth and income data to calculate the resource rich state of Western Australia's ISF from different wealth...

This paper deals with the implications of natural resources for the conduct of economic policies and the role and design of institutions in resource-rich countries. The paper briefly reviews the experience of a few resource-rich countries, highlighting the successes of those that have done well...