Institutional analysis and the “resource curse” in developing countries

Energy Policy ◽  
2013 ◽  
Vol 63 ◽  
pp. 788-795 ◽  
Author(s):  
Hirdan Katarina de Medeiros Costa ◽  
Edmilson Moutinho dos Santos
Keyword(s):  
Developing Countries ◽  
Institutional Analysis ◽  
Resource Curse

scholarly journals Oil and Governance in Uganda

2015 ◽  
Vol 5 (1) ◽  
pp. 40 ◽  
Author(s):  
Terrell George Manyak
Keyword(s):  
Developing Countries ◽  
Natural Resource ◽  
Resource Curse ◽  
Natural Resource Curse ◽  
Oil Companies ◽  
Long Run ◽  
Fragile Environment ◽  
Oil Deposits ◽  
The Government ◽  
Institutional Foundations

Many critical governance issues were created with the discovery of major oil deposits in Uganda.  Because developing countries like Uganda lack strong institutional foundations, it is widely assumed that riches flowing from oil will result in huge sums of money being diverted to politicians while the country ends up worse off in the long run. Uganda certainly faces this “natural resource curse,” but the potential for corruption is only one of many governance issues arising from the potential of oil riches. The government needs to work effectively with foreign oil companies and neighboring countries to recover and transport the oil. It must also establish institutions and procedures to manage its new oil economy.  Moreover, questions must be answered regarding ownership the oil producing lands and how the fragile environment of the country can be protected.  

scholarly journals Vulnerability and policy responses in the face of natural resource discoveries and climate change: introduction

2018 ◽  
Vol 23 (5) ◽  
pp. 517-526 ◽  
Author(s):  
John Cockburn ◽  
Martin Henseler ◽  
Hélène Maisonnave ◽  
Luca Tiberti
Keyword(s):  
Climate Change ◽  
Developing Countries ◽  
Natural Resources ◽  
Natural Resource ◽  
Computable General Equilibrium ◽  
Resource Curse ◽  
Local Context ◽  
Natural Resource Economics ◽  
Computable General Equilibrium Models ◽  
Challenges And Opportunities

AbstractThis special issue contributes to the natural resource economics literature by shining a light on the specific challenges and opportunities faced by developing countries that have recently become dependent on natural resources or are particularly exposed to climate change. It is composed of five studies on countries from all regions of the developing world, involving a variety of natural resources and policy issues. Four of the five studies illustrate how computable general equilibrium models are particularly well-suited, despite their relatively limited past use, to the analysis of natural resources. All five studies are led by researchers based in these countries, providing unique insights into the specific local context. The studies underscore the extreme vulnerability that the introduction of significant natural resource revenues and climate change can create in developing countries. They also show how the choice of appropriate policies to avoid the resource curse varies according to country-specific economic conditions.

scholarly journals Mining and developing nations: does mining contribute to socioeconomic development?

2014 ◽  
Vol 7 (1) ◽  
Author(s):  
Michael Huehne
Keyword(s):  
Developing Countries ◽  
World Bank ◽  
Alternative Hypothesis ◽  
Negative Relationship ◽  
Resource Curse ◽  
Mining Industry ◽  
Economic Benefits ◽  
Resource Exploitation ◽  
The World Bank ◽  
The World

The hypothesis that an active mining industry results in decreased economic benefits to developing countries has often been supported by the theory commonly referred to as the Resource Curse. Data from the World Bank provides some support to the argument that there is a negative relationship between natural resource exploitation and economic development, but more recently it appears this relationship does not hold true. With the advent of corporate social responsibility and sustainable development there is increasing evidence that affirms an alternate hypothesis; that an active mining industry results in increased socioeconomic benefits to developing countries. In order to test this hypothesis this study relies on analysis of macroeconomic data primarily obtained from the World Bank, and in order to analyse measures relating to social development and welfare, examination of alternative measures using the United Nations’ Human Development Index and Millennium Development Goals. Investigation, using a sub-group of sub-Saharan developing countries as the sample selection, supports the alternative hypothesis.

scholarly journals The electric vehicle revolution: Economic and policy implications for natural resource exporters in developing countries

2020 ◽  
Author(s):  
Benjamin Jones
Keyword(s):  
Developing Countries ◽  
Electric Vehicle ◽  
Resource Curse ◽  
Policy Implications ◽  
Raw Material ◽  
Future Market ◽  
Cobalt Nickel ◽  
Market Transformation ◽  
Vehicle Demand ◽  
Effective Policy

The emergence of a mass market for electric vehicles (EVs) offers considerable development opportunities for resource exporters, given their intensive raw material requirements, including for cobalt, nickel, lithium, copper, aluminium, and manganese. To exploit the benefits of new demand, empirical evidence on the ‘resource curse’ increasingly points to the benefits of strengthening institutions for effective policy management and to mitigate the risk of poorly directed, often excessively procyclical, investment. With many developing countries staking major claims for expanding domestic electric vehicle raw material industries, these issues appear highly pertinent, not least given their complexity, opacity, and volatility. This paper analyses both the outlook for electric vehicle demand and associated raw material usage, as well as the key drivers and sensitivities required to track future market transformation. It subsequently assesses key fiscal, regulatory, and institutional reform priorities and market barriers bearing on successful domestic resource mobilization in these resource chains.

Introduction

2017 ◽  
Author(s):  
Jonathon W. Moses ◽  
Bjørn Letnes
Keyword(s):  
Developing Countries ◽  
Resource Management ◽  
Resource Curse ◽  
The Political ◽  
Underdeveloped Countries ◽  
Petroleum Resources

It is common, if problematic, to refer to the Norwegian model of resource management as a blueprint for developing countries that wish to avoid the Paradox of Plenty. This introductory chapter lays out an argument for why the Norwegian model might provide useful lessons for others. In doing so, it has three objectives. First, it surveys the political territory where the world’s future petroleum resources are found. Most of these reserves lie under non-democratic and economically underdeveloped countries. Second, it introduces the sundry challenges facing petroleum-rich states: they often suffer from a Resource Curse. The chapter then pivots to show how Norway has avoided the Paradox of Plenty, and provides a brief overview of Norway’s relevant institutions and policies (as an outline for the chapters that follow).

Narrative of Governance Crisis in Nigeria: Allegories of Resource Curse and ‘Emergence’ from Tunde Kelani’s Saworoide and Agogo-Èèwọ

2019 ◽  
Author(s):  
Taiwo Olaiya
Keyword(s):  
Developing Countries ◽  
Resource Curse ◽  
Textual Representations

Textual representations in Kelani's Saworoide and Agogo-Eewo are utilised to explain the vulnerability of leaders of resource-dependent states in, especially, developing countries.

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