The electric vehicle revolution: Economic and policy implications for natural resource exporters in developing countries
Benjamin Jones
No wp-2020-158, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
The emergence of a mass market for electric vehicles (EVs) offers considerable development opportunities for resource exporters, given their intensive raw material requirements, including for cobalt, nickel, lithium, copper, aluminium, and manganese. To exploit the benefits of new demand, empirical evidence on the 'resource curse' increasingly points to the benefits of strengthening institutions for effective policy management and to mitigate the risk of poorly directed, often excessively procyclical, investment.
Keywords: Transportation; Raw materials; Resource curse; Policy; Resource mobilization (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-ene and nep-tre
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