Natural Resources and Economic Growth

Learning from History

Business & Finance, Economics, Economic History
Cover of the book Natural Resources and Economic Growth by , Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781317669180
Publisher: Taylor and Francis Publication: May 22, 2015
Imprint: Routledge Language: English
Author:
ISBN: 9781317669180
Publisher: Taylor and Francis
Publication: May 22, 2015
Imprint: Routledge
Language: English

The relationship between natural capital and economic growth is an open debate in the   field of economic development. Is an abundance of natural resources a blessing or a curse for economic performance? The field of Economic History offers an excellent vantage to explore the relevance of institutions, technical progress and supply-demand drivers.

Natural Resources and Economic Growth contains theoretical and empirical articles by leading scholars who have studied this subject in different historical periods from the 19th century to the present day and in different parts of the world. Part I presents the theoretical issues and discusses the meaning of the "curse" and the relevance of the historical perspective. Part II captures the diversity of experiences, presenting thirteen independent case studies based on historical results from North and South America, Africa, Asia, Oceania and Europe.

This book emphasizes that an abundance of natural resources is not a fixed situation. It is a process that reacts to changes in the structure of commodity prices and factor endowments, and progress requires capital, labour, technical change and appropriate institutional arrangements. This abundance is not a given, but is part of the evolution of the economic system. History shows that institutional quality is the key factor to deal with abundant natural resources and, especially, with the rents derived from their use and exploitation.

This wide ranging volume will be of great relevance to all those with an interest in economic history, development, economic growth, natural resources, world history and institutional economics.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The relationship between natural capital and economic growth is an open debate in the   field of economic development. Is an abundance of natural resources a blessing or a curse for economic performance? The field of Economic History offers an excellent vantage to explore the relevance of institutions, technical progress and supply-demand drivers.

Natural Resources and Economic Growth contains theoretical and empirical articles by leading scholars who have studied this subject in different historical periods from the 19th century to the present day and in different parts of the world. Part I presents the theoretical issues and discusses the meaning of the "curse" and the relevance of the historical perspective. Part II captures the diversity of experiences, presenting thirteen independent case studies based on historical results from North and South America, Africa, Asia, Oceania and Europe.

This book emphasizes that an abundance of natural resources is not a fixed situation. It is a process that reacts to changes in the structure of commodity prices and factor endowments, and progress requires capital, labour, technical change and appropriate institutional arrangements. This abundance is not a given, but is part of the evolution of the economic system. History shows that institutional quality is the key factor to deal with abundant natural resources and, especially, with the rents derived from their use and exploitation.

This wide ranging volume will be of great relevance to all those with an interest in economic history, development, economic growth, natural resources, world history and institutional economics.

More books from Taylor and Francis

Cover of the book Popular Culture and Nationalism in Lebanon by
Cover of the book The Fading of the Maoist Vision by
Cover of the book Narrative Ecologies: Teachers as Pedagogical Toolmakers by
Cover of the book Ashgate Critical Essays on Early English Lexicographers by
Cover of the book Critical Gerontology Comes of Age by
Cover of the book Family Fictions and Family Facts by
Cover of the book International Marine Environmental Law and Policy by
Cover of the book Managing Live Innovation by
Cover of the book Clinical Psychopharmacology by
Cover of the book Gender, Schooling and Global Social Justice by
Cover of the book Reconstructing Medical Practice by
Cover of the book The Concentric Method In The Diagnosis Of Psychoneurotics by
Cover of the book Cultural Policy by
Cover of the book Funding Democratization by
Cover of the book A Genetic History of New England Theology (Routledge Revivals) by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy