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This Element documents the diversity and dissensus of scholarship on the political resource curse, diagnoses its sources, and directs scholarly attention towards what the authors believe will be more fruitful avenues of future research. In the scholarship to date, there is substantial regional heterogeneity and substantial evidence denying the existence of a political resource curse. This dissensus is located in theory, measure, and research design, especially regarding measurement error and endogenous selection. The work then turns to strategies for reconnecting research on resource politics to the broader literature on democratic development. Finally, the results of the authors' own research is presented, showing that a set of historically contingent events in the Middle East and North Africa are at the root of what has been mistaken for a global political resource curse.
Resource curse. --- Curse, Resource --- Natural resources curse --- Paradox of plenty --- Economic development --- Natural resources
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'The Resource Curse' refers to the long-established notion central in development economics that countries rich in natural resources, particularly minerals and fuels, perform less well economically than countries with fewer natural resources. In other words, resources are an economic curse rather than a blessing. This short primer explores the complexities of this idea and the debates that surround it, in particular under what conditions the resource curse might operate, if not universal. Discussion ranges over the nature of resource booms, the benefits and costs of export-led growth, the problems of deindustrialisation and manufacturing base erosion, rent-seeking behaviour and corruption and the empirical evidence of the effects of natural resource dependence on growth.
Resource curse. --- Natural resources. --- National resources --- Natural resources --- Resources, Natural --- Resource-based communities --- Resource curse --- Curse, Resource --- Natural resources curse --- Paradox of plenty --- Economic development --- Economic aspects
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Globalisation and rapid social and environmental change in recent decades have brought into sharper focus not only the benefits but also the costs of economic development. The once assumed link between economic development and societal well-being is being increasingly questioned in the face of growing social and environmental problems and unfulfilled expectations concerning political and commercial decision-makers. The orthodox development dogma is being tested in particular in resource-based economies such as Western Australia, where globalisation pressures and the concomitant rise in the demand for natural resources highlight the difficulties of effectively balancing broader societal interests with those of industry and the state. This book provides a critical review of the socio-political, environmental and cultural state of play in Western Australia, offering an analysis of how resource-based developments are shaping the state and its people.
Sustainable development --- Economic development --- Resource curse --- Curse, Resource --- Natural resources curse --- Paradox of plenty --- Natural resources --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Development, Sustainable --- Ecologically sustainable development --- Economic development, Sustainable --- Economic sustainability --- ESD (Ecologically sustainable development) --- Smart growth --- Sustainable economic development --- Environmental aspects --- Sustainable development. --- Development economics. --- Environmental economics. --- Environmental law. --- Political economy. --- Sustainable Development. --- Development Economics. --- Environmental Economics. --- Environmental Law/Policy/Ecojustice. --- International Political Economy. --- Economic theory --- Political economy --- Social sciences --- Economic man --- Environment law --- Environmental control --- Environmental protection --- Environmental quality --- Environmental policy --- Law --- Law and legislation --- Economic aspects --- Environmental policy. --- Environment and state --- Environmental management --- State and environment --- Environmental auditing --- Government policy --- Economics.
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