Since the 1960s the economies of the resource-poor nations have grown much faster than those of the resource-abundant nations. This book explains the disappointing performance of resource-abundant nations by extending the growth accounting framework to include natural and social capital.
Since the 1960s the economies of the resource-poor nations have grown much faster than those of the resource-abundant nations. This book explains the disappointing performance of resource-abundant nations by extending the growth accounting framework to include natural and social capital.
R. M. Auty is Professor of Economic Geography in the Department of Geography at Lancaster University.
Inhaltsangabe
* I. Introduction * Introduction and Overview * II. Critical Parameters in Resource-Based Development Models * 2: Richard M. Auty and Sampsa Kiiski: Natural Resources, Capital Accumulation, Structural Change, and Welfare * 3: Kirk Hamilton: The Sustainability of Extractive Economies * 4: Nancy Birdsall, Thomas Pinckney, and Richard Sabot: Natural Resources, Human Capital, and Growth * 5: Michael Woolcock, Lant Pritchett, and Jonathan Isham: The Social Foundations of Poor Economic Growth in Resource-Rich Countries * III. Long-Term Perspective on, and Models of, Resource-Based Growth * 6: Ronald Findlay and Mats Lundahl: Natural Resources and Economic Development: The 1870-1914 Experience * 7: S. Mansoob Murshed: Short-Run Models of Contrasting Natural Resource Endowments * 8: Richard M. Auty and Alan H. Gelb: Political Economy of Resource-Abundant States * IV. Development Trajectories of Resource-Abundant Countries * 9: Mahani Zainal Abidin: Competitive Industrialization with Natural Resource Abundance: Malaysia * 10: Robert Osei: A Growth Collapse with Diffuse Resources: Ghana * 11: Richard M. Auty and J. L. Evia: A Growth Collapse with Point Resources: Bolivia * 12: Richard M. Auty: A Growth Collapse with High Rent Point Resources: Saudi Arabia * 13: Richard M. Auty: Large Resource-Abundant Countries Squander their Size Advantage: Mexico and Argentina * V. Lessons for Policy Reform * 14: Gustavo Barboza and José Cordero: Reforming a Small Resource-Rich Developing Market Economy: Costa Rica * 15: Carolyn Jenkins: Growth, Capital Accumulation, and Economic Reform in South Africa * 16: Richard M. Auty: Reforming Resource-Abundance Transition Economies: Kazakhstan and Uzbekistan * 17: Anil Markandya and Alina Averchenkova: Reforming a Large Resource-Abundant Transition Economy: Russia * 18: Thorvaldur Gylfason: A Nordic Perspective on Natural Resource Abundance * VI. Conclusions * 19: Richard M. Auty: Conclusions: Resource Abundance, Growth Collapse, and Policy
* I. Introduction * Introduction and Overview * II. Critical Parameters in Resource-Based Development Models * 2: Richard M. Auty and Sampsa Kiiski: Natural Resources, Capital Accumulation, Structural Change, and Welfare * 3: Kirk Hamilton: The Sustainability of Extractive Economies * 4: Nancy Birdsall, Thomas Pinckney, and Richard Sabot: Natural Resources, Human Capital, and Growth * 5: Michael Woolcock, Lant Pritchett, and Jonathan Isham: The Social Foundations of Poor Economic Growth in Resource-Rich Countries * III. Long-Term Perspective on, and Models of, Resource-Based Growth * 6: Ronald Findlay and Mats Lundahl: Natural Resources and Economic Development: The 1870-1914 Experience * 7: S. Mansoob Murshed: Short-Run Models of Contrasting Natural Resource Endowments * 8: Richard M. Auty and Alan H. Gelb: Political Economy of Resource-Abundant States * IV. Development Trajectories of Resource-Abundant Countries * 9: Mahani Zainal Abidin: Competitive Industrialization with Natural Resource Abundance: Malaysia * 10: Robert Osei: A Growth Collapse with Diffuse Resources: Ghana * 11: Richard M. Auty and J. L. Evia: A Growth Collapse with Point Resources: Bolivia * 12: Richard M. Auty: A Growth Collapse with High Rent Point Resources: Saudi Arabia * 13: Richard M. Auty: Large Resource-Abundant Countries Squander their Size Advantage: Mexico and Argentina * V. Lessons for Policy Reform * 14: Gustavo Barboza and José Cordero: Reforming a Small Resource-Rich Developing Market Economy: Costa Rica * 15: Carolyn Jenkins: Growth, Capital Accumulation, and Economic Reform in South Africa * 16: Richard M. Auty: Reforming Resource-Abundance Transition Economies: Kazakhstan and Uzbekistan * 17: Anil Markandya and Alina Averchenkova: Reforming a Large Resource-Abundant Transition Economy: Russia * 18: Thorvaldur Gylfason: A Nordic Perspective on Natural Resource Abundance * VI. Conclusions * 19: Richard M. Auty: Conclusions: Resource Abundance, Growth Collapse, and Policy
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