The government spending has a permanent impact on the real economic activity in resource-rich countries while having a transitory long-run impact in other countriesdoi:10.2139/ssrn.2875757Jean-Pascal NganouJuste SomeGuy TchuenteSchool of Economics, University of KentStudies in Economics...
This implies that there are opportunity costs in imposing local content requirements, since the forgone taxes can be used in others ways which could potentially do more to improve development prospects. Moreover, past experiences of resource-rich developing countries suggest that local content policies...
Resource-rich developing countries (RRDCs), on the other hand, face substantial development needs and tight external borrowing constraints. By relaxing these constraints and providing a key financing source for public investment in RRDCs, temporary resource revenues might then be associated with current...
For further details, see Macroeconomic policy frameworks for resource-rich developing countries, IMF, August 2012. 25 26 Resource-driven countries vary significantly in their economic and institutional development and in th...
State-Building in Resource-Rich Economies 来自 EconPapers 喜欢 0 阅读量: 20 作者: AD Jensen 摘要: One of the most significant differences between developing countries and today's advanced states is the fact that many developing countries rely heavily on one or several natural resources. That such...
China's interest in developing countries has exploded in the past decade as it continues to search for resources to fuel high growth rates. This paper examines China's activity in various resource-rich countries through the lens of the resource curse. What are the implications of China's involv...
Only when rich natural resources are combined with social resources effectively can they become the positive factors that promote economic growth. Otherwise a country will often fall into “resource curse.” The economic research and the practices of some countries in recent decades have proved that ...
Implementation science in resource-poor countries and communities is arguably more important than implementation science in resource-rich settings, because resource poverty requires novel solutions to ensure that research results are translated into rout
We test the hypothesis on 68 commodity-rich developing countries between 1980 and 2014, and we find strong evidence of the financial development resource curse through the channel of commodity price shocks, after controlling for other explanations found in the literature. The findings are robust to ...
Public Investment in Resource-Abundant Developing Countries DEVELOPING-ECONOMIESNATURAL-RESOURCESBUSINESS-CYCLEREVENUESCURSERICHNatural resource revenues provide a valuable source to finance public investment in developing ... A Berg,R Portillo,SCS Yang,... - 《Imf Economic Review》 被引量: 135发表: ...