Can internet development help break the resource curse? Evidence from China

2022 ◽  
Vol 75 ◽  
pp. 102519
Author(s):  
Zhiqiang Gai ◽  
Yunxia Guo ◽  
Yu Hao
2007 ◽  
pp. 4-27 ◽  
Author(s):  
V. Polterovich ◽  
V. Popov ◽  
A. Tonis

This paper compares various mechanisms of resource curse leading to a potentially inefficient use of resources; it is demonstrated that each of these mechanisms is associated with market imperfections and can be "corrected" with appropriate government policies. Empirical evidence seems to suggest that resource abundant countries have on average lower budget deficits and inflation, and higher foreign exchange reserves. Besides, lower domestic fuel prices that are typical for resource rich countries have a positive effect on long-term growth even though they are associated with losses resulting from higher energy consumption. On top of that resource abundance allows to reduce income inequalities. So, on the one hand, resource wealth turns out to be conducive to growth, especially in countries with strong institutions. However, on the other hand, resource abundance leads to corruption of institutions and to overvalued real exchange rates. On balance, there is no solid evidence that resource abundant countries grow more slowly than the others, but there is evidence that they grow more slowly than could have grown with the right policies and institutions.


2019 ◽  
Vol 21 (2) ◽  
Author(s):  
Zuni Rusviana ◽  
Adi Suliantoro

Internet development causes the formation of a new world, every individual has the right and ability to interact with everyone who can prevent him. Perfect globalization connects the entire digital community, one of which is a business sector called E-COMMERCE.E-COMMERCE has a difference from conventional sale and purchase agreements and brings different legal consequences and there are also some problems that are not yet commonly describedthis is a problem that is not immediately anticipated to cause problems in the future. Based on the description, the research is carried out with the title: “SALE AND PURCHASE AGREEMENT VIA INTERNET E-COMMERCE IN TERMS OF CIVIL LAW ASPECTS”.                The formulation of the problem in this study is: (1) What is the validity of the SELLING BUY agreement through the internet if it is involved with Article 1320 of the Civil Code? (2) What is the legal consequence if there is a default in the purchase agreement through the internet (E-COMMERCE)? (3) Solution if there is a default in buying transactions through the internet (E-COMMERCE)? The method used is a normative juridical approach. To approach the problem in this study the author uses descriptive analytical research specifications. Data collection uses secondary data. The method of presenting data in this study was carried out in a descriptive manner. The analysis used in this sketch is qualitative descriptive.             The results of the study indicate: (1) The validity of the agreement through the internet must have the same validity as the agreement that can be proven and in accordance with the provisions in Article 1320 BW. (2) The legal consequences of wanprestasi are compensation. the wanprestasi can be in the form of agreement fulfillment, contract fulfillment and compensation, ordinary compensation, cancellation of the agreement.(3) Solution if there is a wanprestasi in the sale and purchase agreement through: Litigation, Non Litigation, online site (kredibel.co.id, lapor.go.id, cek rekening.id), report directly to the police station and report to the bank.


Author(s):  
Michał Zaremba
Keyword(s):  

Ropa naftowa jest najważniejszym surowcem energetycznym świata. Od lat 40. XX wieku gospodarka wenezuelska w coraz większym stopniu uzależniała się od produkcji i sprzedaży ropy na rynkach światowych - przychody z eksportu ropy naftowej osiągały poziom 50% PKB i ok. 96% przychodów z eksportu ogółem. W konsekwencji, gwałtowny spadek cen ropy w ostatnich latach doprowadził do poważnego kryzysu gospodarczego, który obecnie nosi znamiona kryzysu humanitarnego. Zasadna wydaje się teza, że obecny kryzys, w jakim znalazła się Wenezuela, w dużym stopniu jest zatem skutkiem oparcia gospodarki na monokulturze ropy naftowej, co w czasach dekoniunktury musiało znacząco odbić na funkcjonowaniu całej gospodarki. Wenezuela byłaby więc modelowym przykładem gospodarki podlegającej tzw. „klątwie surowcowej” (ang. resource curse) lub też „paradoksowi bogactwa” (ang. paradox of plenty). Celem artykułu jest przedstawienie sytuacji gospodarczej Wenezueli, źródeł kryzysu, przebiegu oraz perspektyw wyjścia z kryzysu.


2015 ◽  
Author(s):  
Breanna Zwart ◽  
Fred Xue ◽  
Richard S. Whitt ◽  
Patrick S. Ryan ◽  
Hibah Hussain ◽  
...  
Keyword(s):  

Author(s):  
Leif Wenar

Article 1 of both of the major human rights covenants declares that the people of each country “shall freely dispose of their natural wealth and resources.” This chapter considers what conditions would have to hold for the people of a country to exercise this right—and why public accountability over natural resources is the only realistic solution to the “resource curse,” which makes resource-rich countries more prone to authoritarianism, civil conflict, and large-scale corruption. It also discusses why cosmopolitans, who have often been highly critical of prerogatives of state sovereignty, have good reason to endorse popular sovereignty over natural resources. Those who hope for more cosmopolitan institutions should see strengthening popular resource sovereignty as the most responsible path to achieving their own goals.


Author(s):  
Jonathon W. Moses ◽  
Bjørn Letnes

There is broad recognition that Norway manages its natural resources successfully. Policymakers are flocking to Norway to try to learn the lessons provided by the Norwegian model. This book describes the main challenges facing policymakers in resource-rich states (e.g., Dutch Disease, Resource Curse, Paradox of Plenty), and the sort of institutional solutions and policies that are available to them. We explain why the Norwegian authorities chose the solutions they did, and how these choices have changed over the years, in response to changing market and political conditions. The result is a book that offers insight and understanding as to why the country made the choices it did, rather than providing a specific model for export.


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