This paper discusses the main challenges faced by resource-rich nations in promoting equity; describes policy tools available for managing exhaustible natural resources; and analyzes the relationship between resource wealth and state fragility. It is argued that human capital accumulation,...

This study aims to analyze the relationships of globalization, financial development, natural resources, human capital, and urbanization with ecological footprint employing a panel of 118 countries from 1971 to 2018. Further, for deeper insights, the analysis is extended for the panels of...

Many of Indonesia's natural resources are degraded due to over-utilization. Examples are over-exploitation of fish stocks or non-timber forest resources. In many cases "commons dilemmas" regularly occurring in open access situations are responsible for the difficulties in natural resource...

We consider the Hartwick rule for capital accumulation and resource depletion, provide semantic clarifications and investigate whether this rule indicates sustainability and requires substitutability between manmade and natural capital. In addition to shedding light on the meaning of the...