The halving of oil prices, which happened in a short period between late 2014 and the first months of 2015, has generated major terms of trade losses for oil exporting countries. Even if the oil producing sector normally employs a small group of workers and oil export revenues tend to be...

This paper discusses the channels of impact of an extractives activity on an economy by presenting a brief description supported by graphics of the different routes through which the direct economic and social impacts of these activities might be enhanced. These routes include those that often...

There has been a long-standing tradition, prompted by a 1963 paper by Ronald E. Miller, in the potential size orf the feedback effects on activities in a region arising intially from a stimulus in that region but due to its linkages through its trade with another region (or regions). Early...