Rents to Riches?: The Political Economy of Natural Resource-Led Development

by Naazneen Barma, Kai Kaiser, Tuan Minh Le, Lorena Viñuela

Overview

This volume focuses on the political economy surrounding the detailed decisions that governments make at each step of the value chain for natural resource management. From the perspective of public interest or good governance, many resource-dependent developing countries pursue apparently short-sighted and sub-optimal policies in relation to the extraction and capture of resource rents, and to spending and savings from their resource endowments. This work contextualizes these micro-level choices and outcomes.

Product Details

ISBN-13:	9780821387160
Publisher:	World Bank Publications
Publication date:	12/08/2011
Sold by:	Barnes & Noble
Format:	eBook
File size:	2 MB

Table of Contents

Foreword ix

Acknowledgments xiii

About the Authors xv

Abbreviations xvii

1 Introduction: Beyond the Resource Curse 1

2 The Political Economy of the Natural Resource Paradox 39

3 Extracting Resource Wealth: The Political Economy of Sector Organization 77

4 Taxing Resource Wealth: The Political Economy of Fiscal Regimes 113

5 Investing Resource Wealth: The Political Economy of Public Infrastructure Provision 165

6 Conclusion: Collaborative Engagement to Address the Resource Paradox 217

Appendix: Resource-Dependent Countries— Basic Economic and Institutional Characteristics of Extractive Industry (El) 237

References 241

Index 259