EconPapers    
Economics at your fingertips  
 

Resource Rents and Economic Growth

Peter Kaznacheev ()

Published Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: “Resource curse”, “Dutch disease”, “gold rush”, “blood diamonds” – those are just some of the epithets used to characterise the role of natural resources in economic development. They certainly do not set a positive tone for a constructive discussion. The purpose of this report is to change that attitude and lay a foundation for a policy roadmap based on success stories of economic development among resource abundant countries. This report presents the argument that resource economies with better economic and political institutions are more capable of managing their resource revenues, and can achieve superior results in economic growth and social development. To support that argument, we have used empirical evidence and analysed the relevant research that has been conducted on the subject to date. We compare performances of resource economies in different parts of the world depending on their institutional rankings, property structure of their extractive industries and other key parameters.

Keywords: economic growth; resources; natural resources; dutch disease; development (search for similar items in EconPapers)
Date: 2013-12
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
ftp://w82.ranepa.ru/rnp/ppaper/kazn01.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rnp:ppaper:kazn01

Access Statistics for this paper

More papers in Published Papers from Russian Presidential Academy of National Economy and Public Administration Contact information at EDIRC.
Bibliographic data for series maintained by RANEPA maintainer ().

 
Page updated 2019-05-18
Handle: RePEc:rnp:ppaper:kazn01