This paper investigates the effect of institutional quality on sustainable development.Institutional quality is assumed to determine the (perceived) risk in the face of which oil and mining firms determine their level of investment in physical and natural capital. Since these two types of...

Mineral extraction alone is not sufficient to trigger sustainable development in developing countries. The mainstream paradigm on mining for development suggests that mineral-rich developing countries need to formulate a fiscal policy that can balance the need to maximize fiscal revenue while...

We focus on three questions: one, what have been the quantitative dynamics and the main drivers of the global use of natural resources (energy and materials) in the past century? Two, how will these trends continue over the next decades, and what would be more sustainable scenarios? In other...