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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 it benefits - or suffers - from having natural resources, shifting away from the traditional focus on economic growth data to study the complex implications of these resources for human well-being and sustainable development. To this end, Acar examines a panel of countries in terms of the effects of their natural resources on human development and genuine saving, which is a sustainability indicator that takes into account the welfare of future generations by incorporating the changes in different kinds of capital. Acar finds that the exportation of agricultural raw materials is associated with significant deterioration in human development, while extractive resource exports, such as energy and minerals, have negative implications for genuine savings. Next, the book compares the development path of Norway before and after discovering oil, contrasting it with Sweden's development. The two countries, which followed almost identical paths until the 1970s, diverged significantly in terms of per capita income after Norway found oil.
The political economy of natural resource wealth poses two interrelated challenges for American foreign policy, both involving governance issues in countries that are abundantly endowed with natural resources. The potentially negative impact of natural resources on development is captured in the phrase "the resource curse". The implications are the greatest for the commodity producers themselves, ranging from complications for macroeconomic management to political authoritarianism and, in the extreme, the precipitation of violent civil conflict. For US policy, the resource curse presents challenges with respect to coping with state failure and associated transborder phenomena. The issues extend to broader geopolitics. Resource abundance confers financial and political power on producers. China's emergence as a major importer and investor in extraction, willing to accommodate authoritarian producers, exacerbates the challenge, potentially undercutting international efforts to encourage greater transparency and improved management of natural resource wealth. This issue is of particular importance for US policy toward Africa
Research carried out by the World Bank on the root causes of conflict and civil war finds that a developing country's economic dependence on natural resources or other primary commodities is strongly associated with the risk level for violent conflict. This book brings together a collection of reports and case studies that explore what the international community in particular can do to reduce this risk.; The text explains the links between natural resources and conflict and examines the impact of resource dependence on economic performance, governance, secessionist movements and revel financing. It then explores avenues for international action - from financial and resource reporting procedures and policy recommendations to commodity tracking systems and enforcement instruments, including sanctions, certification requirements, aid conditionality, legislative and judicial instruments.
This book brings together geological, biological, radical economic, technological, historical and social perspectives on peak oil and other scarce resources. The contributors to this volume argue that these scarcities will put an end to the capitalist system as we know it and alternatives must be created. The book combines natural science with emancipatory thinking, focusing on bottom up alternatives and social struggles to change the world by taking action. The volume introduces original contributions to the debates on peak oil, land grabbing and social alternatives, thus creating a synthesis to gain an overview of the multiple crises of our times. The book sets out to analyse how crises of energy, climate, metals, minerals and the soil relate to the global land grab which has accelerated greatly since 2008, as well as to examine the crisis of profit production and political legitimacy. Based on a theoretical understanding of the multiple crises and the effects of peak oil and other scarcities on capital accumulation, the contributors explore the social innovations that provide an alternative. Using the most up to date research on resource crises, this integrative and critical analysis brings together the issues with a radical perspective on possibilites for future change as well as a strong social economic and ethical dimesion. The book should be of interest to researchers and students of environmental policy, politics, sustainable development and natural resource management.
This book documents a decade of research, methodological innovation, and lessons learned in an eco-regional research-for-development program operating in the eastern African highlands, the African Highlands Initiative (AHI). It does this through reflections of the protagonists themselves—AHI site teams and partners applying action research to development innovation as a means to enhance the impact of their research. The book summarizes the experiences of farmers, research and development workers and policy and decision-makers who have interacted within an innovation system with the common goal of implementing an integrated approach to natural resource management (NRM) in the humid highlands. This book demonstrates the crucial importance of "approach" in shaping the outcomes of research and development, and distils lessons learned on what works, where and why. It is enriched with examples and case studies from five benchmark sites in Ethiopia, Uganda, Kenya and Tanzania, whose variability provides the reader with an in-depth knowledge of the complexities of integrated NRM in agro-ecosystems that play an important role in the rural economy of the region. It is shown that the struggle to achieve sustainable agricultural development in challenging environments is a complex one, and can only be effectively achieved through combined efforts and commitment of individuals and institutions with complementary roles.
In addition to environmental change, the structure and trends of global politics and the economy are also changing as more countries join the ranks of the world’s largest economies with their resource-intensive patterns. The nexus approach, conceptualized as attention to resource connections and their governance ramifications, calls attention to the sustainability of contemporary consumer resource use, lifestyles and supply chains. This book sets out an analytical framework for understanding these nexus issues and the related governance challenges and opportunities. It sheds light on the resource nexus in three realms: markets, interstate relations and local human security. These three realms are the organizing principle of three chapters, before the analysis turns to crosscutting case studies including shale gas, migration, lifestyle changes and resource efficiency, nitrogen fertilizer and food systems, water and the Nile Basin, climate change and security and defense spending. The key issues revolve around competition and conflict over finite natural resources. The authors highlight opportunities to improve both the understanding of nexus challenges and their governance. They critically discuss a global governance approach versus polycentric and multilevel approaches and the lack of those dimensions in many theories of international relations.
This is an exciting time for natural resources planning. There are amazing technologies available to planners and a wide and growing array of resources, problems, and opportunities that need attention. Private and public interests are taking up these issues all over the world and at all levels of involvement. At the same time, inefficient planning
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The wealth derived from natural resources can have a tremendous impact on the economics and politics of producing countries. In the last quarter century, we have seen the surprising and sobering consequences of this wealth, producing what is now known as the "resource curse." Countries with large endowments of natural resources, such as oil and gas, often do worse than their poorer neighbors. Their resource wealth frequently leads to lower growth rates, greater volatility, more corruption, and, in extreme cases, devastating civil wars. In this volume, leading economists, lawyers, and political scientists address the fundamental channels generated by this wealth and examine the major decisions a country must make when faced with an abundance of a natural resource. They identify such problems as asymmetric bargaining power, limited access to information, the failure to engage in long-term planning, weak institutional structures, and missing mechanisms of accountability. They also provide a series of solutions, including recommendations for contracting with oil companies and allocating revenue; guidelines for negotiators; models for optimal auctions; and strategies to strengthen state-society linkages and public accountability. The contributors show that solutions to the resource curse do exist; yet, institutional innovations are necessary to align the incentives of key domestic and international actors, and this requires fundamental political changes and much greater levels of transparency than currently exist. It is becoming increasingly clear that past policies have not provided the benefits they promised. Escaping the Resource Curse lays out a path for radically improving the management of the world's natural resources.
Looks at the role of Native peoples, both Indian and Metis, in the economy of northern Manitoba from 1870 to the Depression, arguing that they played an important part in the transitional era between the mercantile fur trade and the emerging industrial economy of the mid- 20th century. Reconstructs the evolution of the economy of the fur trade era, showing that natives responded to the market economy in enterprising ways but were obstructed by government policy. Includes bandw photos and diagrams. Annotation copyrighted by Book News, Inc., Portland, OR