Resource management for Sustainable Development of Island Economies

Majah-Leah Ravago, James Roumasset and Kimberly Burnett ()

No 200804, Working Papers from University of Hawaii at Manoa, Department of Economics

Abstract: What is the role of resource management in sustaining competitiveness for island economies such as the Republic of the Philippines and Hawaii? We review the history of thought on sustainable resource management and sustainable development and then turn to the threats to sustainability from the resource curse and the parallel curse of paradise. We show how the resource curse undermines the pursuit of sustainability and describe innovations in governance that can transform the curse into a blessing.

Keywords: Resource curse; sustainable development; Dutch disease (search for similar items in EconPapers)
JEL-codes: Q01 Q33 Q58 (search for similar items in EconPapers)
Pages: 38
Date: 2008-10-22
New Economics Papers: this item is included in nep-cse and nep-env
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