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Escaping the Resource Curse
M Humphreys
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Description for Escaping the Resource Curse
Hardback. The wealth derived from natural resources can have a tremendous impact on the economics and politics of producing countries. This volume addresses the fundamental channels generated by this wealth and examines the major decisions a country must make when faced with an abundance of a natural resource. Editor(s): Humphreys, Macartan; Sachs, Jeffrey D.; Stiglitz, Joseph E. Series: Initiative for Policy Dialogue. Num Pages: 432 pages, 7 Halftones, 10 Four Color, 2 Line Art, 19 Total Art, 21 Tables. BIC Classification: KCN. Category: (P) Professional & Vocational. Dimension: 236 x 162 x 27. Weight in Grams: 720.
The wealth derived from natural resources can have a tremendous impact on the economics and politics of producing countries. In the last quarter century, we have seen the surprising and sobering consequences of this wealth, producing what is now known as the "resource curse." Countries with large endowments of natural resources, such as oil and gas, often do worse than their poorer neighbors. Their resource wealth frequently leads to lower growth rates, greater volatility, more corruption, and, in extreme cases, devastating civil wars. In this volume, leading economists, lawyers, and political scientists address the fundamental channels generated by this wealth ... Read more
The wealth derived from natural resources can have a tremendous impact on the economics and politics of producing countries. In the last quarter century, we have seen the surprising and sobering consequences of this wealth, producing what is now known as the "resource curse." Countries with large endowments of natural resources, such as oil and gas, often do worse than their poorer neighbors. Their resource wealth frequently leads to lower growth rates, greater volatility, more corruption, and, in extreme cases, devastating civil wars. In this volume, leading economists, lawyers, and political scientists address the fundamental channels generated by this wealth ... Read more
Product Details
Format
Hardback
Publication date
2007
Publisher
Columbia University Press United States
Number of pages
432
Condition
New
Series
Initiative for Policy Dialogue at Columbia: Challenges in Development and Globalization
Number of Pages
432
Place of Publication
New York, United States
ISBN
9780231141963
SKU
V9780231141963
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About M Humphreys
Macartan Humphreys is assistant professor of political science at Columbia University and publishes on the politics of economic policy making, bargaining theory, and rebel behavior in civil war. Jeffrey D. Sachs is the Director of The Earth Institute, Quetelet Professor of Sustainable Development, and Professor of Health Policy and Management at Columbia University. He is also Special Advisor ... Read more
Reviews for Escaping the Resource Curse
This is a timely and important contribution to the debate on the so-called resource curse and how to avoid it-especially important in a time of concern about energy security and sustainable economic development. As someone who witnesses first hand the struggle for more transparency and good governance in the global energy business, I welcome the fresh, thought-provoking, and always illuminating ... Read more