scholarly journals Resource Dependence, Knowledge Creation, And Growth : Revisiting The Natural Resource Curse

2008 ◽  
Vol 33 (1) ◽  
pp. 45-70 ◽  
Author(s):  
Heinz Welsch
2021 ◽  
Vol 21 (2) ◽  
pp. 148-163
Author(s):  
Hania Rahma ◽  
Akhmad Fauzi ◽  
Bambang Juanda ◽  
Bambang Widjojanto

Although the phenomenon of natural resource curse is suspected to have occurred at the regional level in  Indonesia, no measurement of such a phenomenon has been carried out yet. This research is aimed to provide an index of measuring the degree of natural resource curse at provincial level in Indonesia. Two indices, the natural resource dependence index and regional sustainable development index, were used to formulate index of regional resource curse (RRCI) using geometric mean of conditional weighted product method. The results found that provinces with richer in mining tend to have higher resource curse index compared with those with less extractive resources. ------------------------------------------ Meski fenomena natural resource curse diduga terjadi di tingkat daerah di Indonesia, pengukuran terhadap fenomena tersebut belum pernah dilakukan. Penelitian ini bertujuan untuk mengukur besaran natural resource curse di tingkat provinsi di Indonesia. Dua indikator, yakni indeks ketergantungan sumber daya alam dan indeks pembangunan daerah berkelanjutan digunakan untuk menghitung regional resource curse index (RRCI) menggunakan rerata geometrik conditional weighted product method. Hasilnya menunjukkan bahwa provinsi dengan sumber daya alam tambang yang lebih kaya cenderung menghadapi fenomena resource curse yang lebih tinggi dibandingkan provinsi dengan sumber daya ekstraktif yang lebih sedikit.


2021 ◽  
Vol 13 (5) ◽  
pp. 2847
Author(s):  
Olatunji Abdul Shobande ◽  
Joseph Onuche Enemona

The financial sector plays a critical role in society by mediating resources and assets within the economy between surplus and deficit units. Therefore, they have a great responsibility for the sustainability and prosperity of natural endowments. This study aimed to determine whether sustainable finance matters for the natural resource curse in Nigeria and Ghana. The empirical evidence is based on the Bayer and Hanck combined cointegration tests and Vector Autoregressive/Vector Error Correction Granger causality tests. The study highlights the importance of sustainable financing in natural resources management. Our findings also confirmed the existence of the financial resource curse in Nigeria and Ghana. Likewise, the medium through which sustainable finance affects the natural resource curse has been identified as the human development index (economic welfare). This current study has critical policy implications that suggest the need to establish a vibrant, sustainable financing strategy to assist domestic private investors with a strong interest in natural resource exploration and development, taking into account macroeconomic sustainability. Additionally, it also important to build a strong financial market which allows for policies designed to promote natural resource management.


2013 ◽  
Author(s):  
Norman Loayza ◽  
Alfredo Mier y Teran ◽  
Jamele Rigolini

2015 ◽  
Vol 5 (1) ◽  
pp. 40 ◽  
Author(s):  
Terrell George Manyak

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.  


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