1 Understanding Policy-Making in Resource-Rich Countries

2021 ◽  
pp. 15-43
Keyword(s):  
Policy Making ◽  
Rich Countries

scholarly journals Socio-Economic Determinism and Climate Change

2017 ◽  
Vol 1 (2) ◽  
pp. 131
Author(s):  
Jan-Erik Lane
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
Emerging Economies ◽  
Policy Making ◽  
The Us ◽  
Socio Economic Development ◽  
The Common ◽  
Catch Up ◽  
Set Up ◽  
Rich Countries

<p><em>The global warming problematic is in reality decided not by the UNFCCC or IPCC with its mastodon meetings. The decisive players are the states of the following BIG polluters of CO2: China, India, Indonesia, Brazil, Russia Mexico, South Korea, Canada, Australia and the US, despite the fact that its present government already has defected from the common pool regime, set up in Paris 2017, These countries together with international shipping and aviation are putting out more than 50% of the CO2s. However, they are little interested, because they emphasize the policy-making of socio-economic development, either economic growth with rich countries or the “catch-up” strategy with poor or emerging economies. Resilience will decide which countries can support the consequences of climate change.</em></p>

From Market Studies to Society Analysis

2005 ◽  
pp. 63-81
Author(s):  
Ya. Kouzminov ◽  
K. Bendoukidze ◽  
M. Yudkevich
Keyword(s):  
Institutional Theory ◽  
Policy Making ◽  
Institutional Design ◽  
The Real ◽  
Economic Agents

The article examines the main concepts of modern institutional theory and the ways its tools and concepts could be applied in the real policy-making. In particular, the authors focus on behavioral assumptions of the theory that allow them to explain the imperfection of economic agents’ behavior as a reason for rules and institutions to emerge. Problems of institutional design are also discussed.

Positive Reintegration as a Way of Small and Medium-Sized Business Development

2012 ◽  
pp. 83-88
Author(s):  
A. Zolotov ◽  
M. Mukhanov
Keyword(s):  
Policy Implementation ◽  
Policy Making ◽  
Economic Reforms ◽  
Alternative Possibility ◽  
New Approach ◽  
Compensation Mechanisms ◽  
Policy Making Process ◽  
Monitoring And Enforcement ◽  
The Subject ◽  
Modernization Process

А new approach to policy-making in the field of economic reforms in modernizing countries (on the sample of SME promotion) is the subject of this article. Based on summarizing the ten-year experience of de-bureaucratization policy implementation to reduce the administrative pressure on SME, the conclusion of its insufficient efficiency and sustainability is made. The alternative possibility is the positive reintegration approach, which provides multiparty policy-making process, special compensation mechanisms for the losing sides, monitoring and enforcement operations. In conclusion matching between positive reintegration principles and socio-cultural factors inherent in modernization process is provided.

Mechanisms of Resource Curse and Economic Policy

2007 ◽  
pp. 4-27 ◽  
Author(s):  
V. Polterovich ◽  
V. Popov ◽  
A. Tonis
Keyword(s):  
Real Exchange Rates ◽  
Resource Curse ◽  
Budget Deficits ◽  
Resource Abundance ◽  
Fuel Prices ◽  
Use Of Resources ◽  
Resource Wealth ◽  
The One ◽  
The Right ◽  
Rich Countries

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.

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