There is a paradoxical relationship between Africa's development and its natural resources. On the one hand, natural resources have signified Africa's place in the global capitalist order and its strategic importance in world politics. Most foreign direct investments in African economies stem from ...
Natural Resources and Economic Development, first published in 2005, explores a key paradox: why is natural resource exploitation not yielding greater benefits to the poor economies of Africa, Asia and Latin America? Part I examines this paradox both through a historical review of resource use and...
Natural resourcesNatural Resources and Economic Development, first published in 2005, explores a key paradox: why is natural resource exploitation not yielding greater benefits to the poor economies of Africa, Asia and Latin America? Part I examines this paradox both through a historical review of ...
Why is natural resource exploitation not yielding greater benefits for the poor economies? In this second edition of his landmark book, Barbier explores this paradox in three parts. Part I gives a historical review of resource use and development, examining current theories that explain the under-...
The permanent income hypothesis implies that frictionless open economies with exhaustible natural resources should save abroad most of their resource windf... JD Araujo,GB Li,MP Ribeiro,... - 《Imf Working Papers》 被引量: 0发表: 2013年 Raising growth and investment in sub-Saharan Africa Sub-...
Natural resources, financial development and institutional quality in Africa: Is there a resource curse? Resour. Policy, 59 (2018), pp. 411-426, 10.1016/j.resourpol.2018.08.012 Google Scholar Eberhardt, 2012 Eberhardt M. Estimating panel time-series models with heterogeneous slopes Stata J., 12...
While the persistent low level of financial development has been studied and found to be explained by a number of factors, the role of institutions cum natural resources revenue, most importantly in sub-Saharan Africa (SSA), is scarcely reported. The current study examines the interactive effects...
Natural Resource Revenues and Public Investment in Resource-rich Economies in Sub-Saharan AfricaThe general policy prescription for resource-rich countries is that, for sustainable consumption, a greater percentage of the windfall from resource rents should be channelled into accumulating foreign assets ...
Africa's overriding strategy of exporting commodities in their raw, non-valued-added form has failed to produce sustainable inclusive growth, improve people's wellbeing or diversify and transform its economies, according to the report. The key to transforming natural resources into sustained prosperity...
domination. And for this critical tradition, the notion of natural resources is problematic. The distinctions and differentiations enabled by the category ‘resources’ – between productive, valued assets, and unproductive ‘wastes,’ for example – play a key role in the organization of ...