Back to Search
Start Over
The Varieties of Resource Experience : Natural Resource Export Structures and the Political Economy of Economic Growth
- Publication Year :
- 2005
- Publisher :
- Published by Oxford University Press on behalf of the World Bank, 2005.
-
Abstract
- Many oil, mineral, and plantation crop-based economies experienced a substantial deceleration in growth following the commodity boom and bust of the 1970s and early 1980s. This article illustrates how countries dependent on point source natural resources (those extracted from a narrow geographic or economic base, such as oil and minerals) and plantation crops are predisposed to heightened economic and social divisions and weakened institutional capacity. This in turn impedes their ability to respond effectively to shocks, which previous studies have shown to be essential for sustaining rising levels of prosperity. Analysis of data on classifications of export structure, controlling for a wide array of other potential determinants of governance, shows that point source and coffee and cocoa exporting countries do relatively poorly across an array of governance indicators. These governance effects are not associated simply with being a natural resource exporter. Countries with natural resource exports that are diffuse relying primarily on livestock and agricultural produce from small family farms do not show the same strong effects and have had more robust growth recoveries.
- Subjects :
- ECONOMIC PERFORMANCE
REGULATORY BURDEN
INSTITUTIONAL MEASURES
GROWTH RATES
TAX
COUNTRY RISK
ECONOMIC GROWTH
POLITICAL STRUCTURES
WORLD TRADE
COMMODITIES
THIRD WORLD
SOCIAL DIMENSIONS
COMMODITY
DETERMINANTS OF GROWTH
Economics
LEVEL OF DEVELOPMENT
INSTITUTIONAL REFORM
Open economy
CIVIL LIBERTIES
POPULATION GROWTH
media_common
AGRICULTURAL PRODUCTION
CIVIL SOCIETY
INCOME
FACTOR ENDOWMENTS
POLITICAL CONDITIONS
BANANAS
CIVIL WAR
RULE OF LAW
POLITICAL POWER
URBANIZATION
INSTITUTIONAL QUALITY
WORLD DEVELOPMENT INDICATORS
Natural resource
INSTITUTIONAL VARIABLES
POLITICAL INSTITUTIONS
MOTHER
GNP PER CAPITA
POLITICAL STABILITY
COFFEE
FERTILIZERS
COTTON
GOVERNMENT CAPACITY
TRANSPARENCY
PRIME MINISTER
media_common.quotation_subject
SUGAR
Development
DEMOCRACY
DEVELOPMENT ECONOMICS
OLIGARCHY
INSTITUTIONAL CAPACITY
CLIENT COUNTRIES
NATURAL ENDOWMENTS
ECONOMICS RESEARCH
FARMS
GOVERNANCE INDICATORS
YIELDS
OPEN ECONOMY
POLITICAL INFLUENCE
PURCHASING POWER
COLLECTIVE ACTION
GROWTH PERFORMANCE
PROPERTY RIGHTS
GEOLOGY
NET EXPORTS
MODERNIZATION
VEGETABLES
EXPORT CROPS
RURAL PRODUCER
AGGREGATING GOVERNANCE INDICATORS
TEA
NATURAL RESOURCE
ECONOMIC HISTORIANS
INCOME INEQUALITY
MORTALITY
PUBLIC INSTITUTIONS
ANIMALS
INDUSTRIALIZATION
LOW-INCOME COUNTRY
SOCIAL COHESION
CROP
GDP PER CAPITA
Terms of trade
DEBT
SOCIAL INSTITUTIONS
SPICES
WARS
Industrialisation
ECONOMIC CONDITIONS
DEMOCRATIC REFORMS
MEASUREMENT ERROR
INEQUALITY
VESTED INTERESTS
WORLD ECONOMIES
VEGETABLE OILS
POLITICAL INSTABILITY
ECONOMIC DEVELOPMENT
CORN
WEALTH
AGRICULTURE
COCOA
Natural resource economics
INNOVATION
DEVELOPMENT ASSISTANCE
International trade
DEVELOPING ECONOMIES
GDP
MINORITY
Good governance
CAPITAL INTENSITY
CITIZENS
POLITICAL ECONOMY
DETERMINANTS OF GOVERNANCE
INCOME DISTRIBUTION
TAXATION
GOVERNMENT EFFECTIVENESS
USE OF RESOURCES
EXPORTS
TOBACCO
MEAT
REMITTANCES
POLITICAL LEGITIMACY
PURCHASING POWER PARITY
ECONOMETRICS
INTERNATIONAL TRADE
FASCISM
OILSEEDS
REGULATORY FRAMEWORK
CD
OUTPUT
URBAN DWELLERS
CITIZEN
SOCIAL DEVELOPMENT
DISEASE VECTORS
Prosperity
MACROECONOMIC VARIABLES
TREE CROPS
RESPECT
SECONDARY SCHOOL
Economics and Econometrics
GNP
GOOD GOVERNANCE
BUREAUCRACY
WHEAT
ECONOMIC HISTORY
PUBLIC POLICY
SMALLHOLDERS
SOCIAL CONFLICT
SOCIAL STRUCTURE
World Development Indicators
POLICY RESEARCH
POOR PERFORMANCE
GROWTH RATE
ECONOMIC STRUCTURE
POOR GOVERNANCE
GOVERNANCE INSTITUTIONS
Accounting
ECONOMIC PROGRAMS
GROWTH REGRESSION
EXPOSURE
FERTILIZER
RICE
Agricultural productivity
POLICY RESEARCH WORKING PAPER
WORKFORCE
CROPS
business.industry
POLITICAL CHANGE
POLITICAL RIGHTS
CORRUPTION
FOREIGN AID
COERCION
COMPARATIVE ADVANTAGE
NATURAL RESOURCES
PLANTATIONS
COMPARATIVE ECONOMICS
MONETARY ECONOMICS
ECONOMIC RESEARCH
INSTITUTIONAL PERFORMANCE
business
ACCOUNTABILITY
PRODUCE
TECHNICAL SKILLS
VOLATILITY
Finance
INFRASTRUCTURE PROJECTS
STATE UNIVERSITY
Subjects
Details
- Language :
- English
- Database :
- OpenAIRE
- Accession number :
- edsair.doi.dedup.....9b8267d9ee8e2eb7b9f4c26b844407b2