Conclusion: Harnessing the Potential of Mineral Rents for Social Development - Options and Constraints

Katja Hujo

Chapter 11 in Mineral Rents and the Financing of Social Policy, 2012, pp 318-331 from Palgrave Macmillan

Abstract: Abstract This volume brings together thematic and empirical studies on mineral- rich countries that put social development and social policy at the centre stage of their analysis. This approach is so far innovative since most of the existing literature has focused on the study of the economic and political implications of rents from natural resources, in particular, with respect to potential impacts on macroeconomic stability and governance. The role that social policy has played and could play in harnessing the use of these rents for development has been mostly ignored. Though this volume has been a first step in addressing this lacuna, it also shows the difficulties researchers encounter when trying to cross disciplinary and thematic boundaries and to apply an integrated analytical framework to a subject that has been largely dominated by economists. There is also a clear need for more in-depth empirical work on the linkages between the economic, social and political dimensions of a development path that is based on the extraction of natural resources.

Keywords: Social Policy; State Capacity; Current Account Deficit; Resource Curse; Dutch Disease (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:sopchp:978-0-230-37091-3_11

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DOI: 10.1057/9780230370913_11

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