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9780821365458

Natural Resources, Neither Curse Nor Destiny

by ; ;
  • ISBN13:

    9780821365458

  • ISBN10:

    0821365452

  • Format: Paperback
  • Copyright: 2006-10-23
  • Publisher: World Bank Publications

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Summary

'Natural Resources: Neither Course nor Destiny' brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural resources are neither a curse nor destiny. Natural resources can actually spur economic development when combined with the accumulation of knowledge for economic innovation. Furthermore, natural resource abundance need not be the only determinant of the structure of trade in developing countries. In fact, the accumulation of knowledge, infrastructure, and the quality of governance all seem to determine not only what countries produce and export, but also how firms and workers produce any good.

Table of Contents

Foreword xiii
About the Contributors xvii
Abbreviations xix
Neither Curse nor Destiny: Introduction to Natural Resources and Development
1(14)
Daniel Lederman
William F. Maloney
Part I: Are Natural Resources a Curse? Econometric Evidence
Trade Structure and Growth
15(26)
Daniel Lederman
William F. Maloney
Resource Curse or Debt Overhang?
41(30)
Ozmel Manzano
Roberto Rigobon
The Relative Richness of the Poor? Natural Resources, Human Capital, and Economic Growth
71(32)
Claudio Bravo-Ortega
Jose de Gregorio
Part II: Are Natural Resources a Curse? Lessons From History
Prebisch-Singer Redux
103(38)
John T. Cuddington
Rodney Ludema
Shamila A. Jayasuriya
Missed Opportunities: Innovation and Resource-Based Growth in Latin America
141(42)
William F. Maloney
Resource-Based Growth Past and Present
183(30)
Gavin Wright
Jesse Czelusta
From Natural Resources to High-Tech Production: The Evolution of Industrial Competitiveness in Sweden and Finland
213(46)
Magnus Blomstrom
Ari Kokko
Part III: Are Natural Resources Destiny?
Trade, Location, and Development: An Overview of Theory
259(30)
Anthony Venables
Comparative Advantage and Trade Intensity: Are Traditional Endowments Destiny?
289(34)
Daniel Lederman
L. Colin Xu
Outgrowing Resource Dependence: Theory and Developments
323(34)
Will Martin
Index 357

Supplemental Materials

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