Natural Resources and Economic Growth: The Role of Investment

Gylfason, Þorvaldur; Zoëga, Gylfi

doi:10.1111/j.1467-9701.2006.00807.x

Cited by 457 publications

(274 citation statements)

References 31 publications

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“…Van der Ploeg and Poelhekke (2011) show that the main effect of resource abundance is to increase growth volatility, which in turn reduces long-term growth. Other scholars focus on the role of rent-seeking (Torvik, 2002;Gylfason and Zoega, 2006) and corruption (Bhattacharyya and Hodler, 2010;Kasekende et al, 2014). The availability of natural resources has also been argued to make states more vulnerable to conflict (Collier and Hoeffler, 2003).…”

Section: The Concept Of the Resource Cursementioning

confidence: 99%

Extending the concept of the resource curse: Natural resources and public spending on health

Cockx

Francken

2014

Ecological Economics

112

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This paper extends the concept of the resource curse by studying whether and through which transmission channels natural resource wealth affects social spending. Even though the availability of vast natural capital reserves has commonly been linked to the neglect of human development, most of the literature has continued to focus on economic performance. This paper is the first to empirically investigate the link between natural resource wealth and public health expenditures in light of the hypothesis that resource wealth as a source of unearned state income enhances state autonomy and increases volatility, which leads to policies that fail to prioritize human development. Using a large panel dataset of world countries covering the period from 1995 to 2009, we find a robust, significant inverse relationship between natural resource dependence, and even abundance, and public health spending over time. The effect remains significant after controlling for state autonomy, volatility, and other factors.These findings have implications for national authorities as well as the extractive industry. Governments should be made accountable for natural resource wealth and correct taxation could provide additional resources, earmarked for health. The extractive industry could increase their investments in sustainable Corporate Social Responsibility operations, specifically in the health sector.

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Section: The Concept Of the Resource Cursementioning

confidence: 99%

Extending the concept of the resource curse: Natural resources and public spending on health

Cockx

Francken

2014

Ecological Economics

112

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“…While economic growth is positively correlated with natural capital per capita or natural capital abundance, it is instead negatively correlated with natural capital as percentage of total wealth or natural capital dependence (Gylfason and Gylfi, 2006). A casual look at countries displayed following the World Bank income classification supports this argument (see Table 3.10).…”

Section: Non-marine Specific Indicators For the Top 25 Mangrove Countsupporting

confidence: 52%

Essays on marine resources conservation : macroeconomics and national accounting

Virto¹

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“…Ces conditions ont attiré de grandes compagnies minières (Banchirigah, 2006), malheureusement sans que cela entraîne un développement significatif des pays dans lesquels ces investissements sont réalisés (Sachs et Warner, 2001 ;Gylfason et Zoega, 2006). Le secteur minier se caractérise également par une croissance de l'orpaillage artisanal qui, selon la Banque mondiale (World Bank, 2009), concerne des centaines de milliers de personnes dans les pays disposant de ressources aurifères.…”

Section: Introductionunclassified

Institutions informelles et gouvernance de proximité dans l’orpaillage artisanal. Un cas d’étude au Burkina Faso

Sangaré¹,

Mundler²,

Ouedraogo³

2017

gouvernance

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Au cours des dernières décennies, l’orpaillage artisanal a pris une place grandissante dans plusieurs pays de l’Ouest africain. Ce développement de l’orpaillage artisanal, principalement informel, suscite diverses inquiétudes quant à sa soutenabilité sociale et environnementale, même si divers travaux récents montrent qu’il est un facteur important de résilience pour de nombreux ménages ruraux. À partir de l’étude approfondie d’un site d’orpaillage au Burkina Faso, nous montrons que contrairement aux préjugés habituellement véhiculés qui font des sites d’orpaillage des espaces de non-droit, l’organisation du site repose sur une gouvernance de proximité très structurée, même si elle est principalement régie par des règles informelles. Cette gouvernance de proximité reste néanmoins fragile et comporte diverses insuffisances qui limitent la contribution de l’orpaillage artisanal au développement territorial. Son mode d’exploitation reste principalement orienté vers la rentabilité à court terme, rendant le travail dangereux, précaire et au détriment de la durabilité sociale et environnementale. Ainsi, cette gouvernance de proximité reposant à la fois sur le marché et sur les structures de pouvoir coutumières souffre de ne pas être suffisamment articulée à une politique publique structurante, accompagnant et respectant tout à la fois les mécanismes locaux de régulation.Over the past decades, artisanal mining has become increasingly important in several West African countries. Various recent studies have shown that it represents a crucial livelihood strategy for many rural households. At the same time, the development of artisanal mining, which is mostly informal, has raised concerns about its social and environmental sustainability.Based on a detailed study of a small-scale mining site in Burkina Faso, we show that, contrary to what is often assumed, artisanal mines are not places of lawlessness. The mining site’s organization depends on proximity-based governance structures even if the rules themselves are informal. However, these governing structures remain fragile and have various shortcomings, which limit the contributions that artisanal mining can make to territorial development. Operations are mostly focused on short-term profitability at the expense of social and environmental sustainability, resulting in dangerous and precarious working conditions. Consequently, these local forms of governance, which are shaped by both markets and traditional power structures, suffer from a lack of meaningful public policies that could accompany, as well as respect, the local regulatory mechanisms in place

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Natural Resources and Economic Growth: The Role of Investment

Cited by 457 publications

References 31 publications

Extending the concept of the resource curse: Natural resources and public spending on health

Extending the concept of the resource curse: Natural resources and public spending on health

Essays on marine resources conservation : macroeconomics and national accounting

Institutions informelles et gouvernance de proximité dans l’orpaillage artisanal. Un cas d’étude au Burkina Faso

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