Natural resources in the form of oil, gas, minerals and forests are an asset in the countries where they are found. A number of countries depend largely on exports of their natural resources, earning major portion of their foreign exchange from these exports. It is very easy for the countries to...

PART I: PRINCIPLES AND CONCEPTS OF NATURAL RESOURCES MANAGEMENT -- 1. Introduction: An overview of management and tax policy of natural resources -- 2. Natural resources tax administration and reforms in Africa -- 3. Assessing the impact of socio-political risk on natural resources in Africa --...

Introduction. -- Part I. Money and the market. -- The difference between markets and barter: money and the making of markets. -- Capital and the firm : the firm as the engine of the market process. -- Money and money creation in a two-stage banking system. -- Part II. Market and production. --...

Preface to the German Edition -- Preface to the English Edition -- Introduction -- Part I: Money and the Market -- Part II: Market and Production -- Part III: Money and Production in the Dynamics of the Growth Spiral - Growth Imperative and Growth Impetus -- Summary and Outlook -- References

An important question in development studies is how abundance of natural resources affects long-term economic growth. No consensus answer, however, has yet emerged, with approximately 40% of empirical papers finding a negative effect, 40% finding no effect, and 20% finding a positive effect....