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Natural Resources and Economic Development 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 development and through examining current theories which explain the under-performance of today's resource-abundant economies, and proposes a frontier expansion hypothesis as an alternative explanation. Part II develops models to analyse the key economic factors underlying land expansion and water use in developing countries.…mehr

Produktbeschreibung
Natural Resources and Economic Development 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 development and through examining current theories which explain the under-performance of today's resource-abundant economies, and proposes a frontier expansion hypothesis as an alternative explanation. Part II develops models to analyse the key economic factors underlying land expansion and water use in developing countries. Part III explores further the 'dualism within dualism' structure of resource dependency, rural poverty and resource degradation within developing countries, and through illustrative country case-studies, proposes policy and institutional reforms necessary for successful resource-based development.
Autorenporträt
Edward B. Barbier is currently the John S. Bugas Professor of Economics in the Department of Economics and Finance, University of Wyoming. He has over twenty years' experience as an environmental and resource economist, working mainly on the economics of environment and development issues.
Rezensionen
'Barbier's book begins by posing the following key query: Why is it that, despite the salience of natural capital for sustainable economic development, increasing reliance on natural resources seems to impact negatively on economic growth and development in today's low-and middle-income nations? … he offers and discusses in considerable detail what he calls the frontier expansion hypothesis, using an interesting theoretical model to demonstrate that 'under certain conditions frontier expansion in a small open economy can be associated with sustained growth' … this is a clearly written and interesting book on a subject of considerable contemporary significance.' Development Policy Review