Devil’s Excrement or Manna from Heaven? A Survey of Strategies in Natural Resource Wealth Management

Devil’s Excrement or Manna from Heaven? A Survey of Strategies in Natural Resource Wealth Management
复制标题

魔鬼的粪便还是天上的甘露?自然资源财富管理策略调查

DOI:
10.2139/ssrn.2044723
复制
发表时间:
2012
期刊:
Political Economy: Government Expenditures & Related Policies eJournal
影响因子:
--
通讯作者:
Anne Ong Lopez
Anne Ong Lopez
中科院分区:
--
文献类型:
--
作者:
R. Mendoza;Harold McArthor;Anne Ong Lopez

文献摘要

被引文献

相似文献

目的-本文件旨在提供关于采掘业对发展的影响的政策文献和证据的最新审查。设计/方法/方式-它综合了从广泛的政策和学术文献审查这一主题的主要经验教训。它概述了自然资源诅咒带来的风险以及相关的解决办法,如经验证据和政策经验所示。调查结果- -根据作者对案例研究和多国实证分析的回顾,采掘业与包容性增长之间的联系好坏参半。作者发现,一方面,希望利用这一财富促进发展的国家所面临的自然资源诅咒通常与重大风险有关。另一方面,好坏参半的结果也表明,与扩大采掘业有关的许多挑战不一定是不可避免的。实际影响-对决策者来说,主要的信息是,一些国家已经采取了重要步骤,以改善其财富的管理,以及这些渠道的生产性投资-特别是人力资本-似乎已经改变了自然资源的诅咒为发展的布恩。独创性/价值-本文的主要贡献是,它提供了迄今为止最全面的审查,这一机构的政策和学术文献。它将作为决策者、民间社会和其他从事采掘业相关问题工作的利益攸关方的指南。
Purpose - – This paper aims to provide an updated review of policy literature and evidence on the development implications of extractive industries. Design/methodology/approach - – It synthesizes the main lessons drawn from an extensive review of policy and academic literature on this topic. It outlines the risks attached to the natural resource curse as well as the associated solutions, as demonstrated by empirical evidence and policy experience. Findings - – Based on the authors’ review of case studies and multi-country empirical analyses, there is a mixed picture on the link between extractive industries and inclusive growth. The authors find that, on the one hand, significant risks are commonly associated with the natural resource curse faced by countries that wish to tap this wealth for development. On the other hand, the mixed results also suggest that the many challenges related to expanding extractive industries are not necessarily unavoidable. Practical implications - – For policymakers, the main message is that some countries that have taken important steps to improve the governance of their wealth as well as channel these toward productive investments – notably human capital – appear to have transformed the natural resource curse into a boon for development. Originality/value - – The main contribution of this paper is that it provides the most comprehensive review to date on this body of the policy and academic literature. It will serve as a guide for policymakers, civil society and other stakeholders working on issues linked to extractive industries.