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This paper investigates the dynamic impact of natural resource discoveries on government debt sustainability. We use a … presource curse', id est, natural resources can jeopardize fiscal sustainability even before 'the first drop of oil is pumped …
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This study examines indicators of human capital accumulation together with data for natural resource abundance and rents in a panel of 102 countries running from 1970 to 1999. Mineral wealth makes a positive and marked difference on human capital accumulation. Matching on observables reveals...
Persistent link: https://www.econbiz.de/10014121981
The importance of natural resource revenues in resource-rich countries is one of the main issues in the last two decades. Meanwhile, the major impact of financial development has been neglected during the process of accessing resource-based sustainable economic growth. Therefore, the novelty of...
Persistent link: https://www.econbiz.de/10012792646
For analyzing the impact of climate change and of international climate policies on the international division of labor and on regional welfare the use of a disaggregated multi–sectoral, multi–regional dynamic computable general equilibrium model is appropriate. This paper discusses the...
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-- 3 Foundations and instruments of environmental economics -- 4 Free market and sustainability -- 5 Sustainable … development in the Brundtland report and its distortion -- Part II Principles and instruments for sustainability -- 6 … Sustainability of social-economical systems -- 7 Sustainability -- 8 Instruments for sustainability: strategic planning and …
Persistent link: https://www.econbiz.de/10014020862