The Curse of Natural Resources A Developmental Analysis in a Compara
This book examines the paradox that resource-rich countries often struggle to manage their resources in a way that will help their economies thrive. It looks at how a country's political regime and quality of governance can determine the degree to which i
- PDF / 3,597,216 Bytes
- 250 Pages / 419.58 x 612.28 pts Page_size
- 74 Downloads / 153 Views
SEVIL ACAR
The Curse of Natural Resources
Sevil Acar
The Curse of Natural Resources A Developmental Analysis Comparative Context
in a
Sevil Acar Istanbul Kemerburgaz University Istanbul, Turkey
ISBN 978-1-137-58722-0 ISBN 978-1-137-58723-7 (eBook) DOI 10.1057/978-1-137-58723-7 Library of Congress Control Number: 2016957330 © The Editor(s) (if applicable) and The Author(s) 2017 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover image © Reeder Studios, LLC / Alamy Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Nature America Inc. The registered company address is: 1 New York Plaza, New York, NY 10004, U.S.A.
Preface: The Curse of Natural Resources: A Developmental Analysis A Comparative Context
in
The paradox that natural resources give rise to ill effects in most of the economies endowed with them has been proven for many countries when economic growth and other macroeconomic outcomes are considered. However, how resources affect human development and social well-being in a sustainability context has not attracted enough attention yet. This study contributes to the literature on the links between human development, welfare, and natural resources distinguishing between types of resources. A panel of countries are examined in terms of the effects of their resources on human development and genuine saving, which is a sustainability indicator that takes into account the welfare of future generations incorporating the changes in different kinds of capital. The main finding is that exportation of agricultural raw materials is associated with significant deterioration in human development, while extractive resource exports, such as energy and minerals, imply severe negative outcomes for genuine savings. The different effects of resources are explained by var
Data Loading...
