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Friday, April 24, 2020 | History

2 edition of Economic policy in mineral exporting countries found in the catalog.

Economic policy in mineral exporting countries

Philip Daniel

Economic policy in mineral exporting countries

what have we learned?

by Philip Daniel

  • 89 Want to read
  • 21 Currently reading

Published by Institute of Development Studies in Brighton .
Written in English

    Subjects:
  • Mineral industries -- Economic aspects -- Developing countries.,
  • Developing countries -- Economic policy.

  • Edition Notes

    Statementby Philip Daniel.
    SeriesDiscussion paper / Institute of Developmemt Studies -- DP279, Discussion paper (Institute of Development Studies) -- 279.
    ContributionsUniversity of Sussex. Institute of Development Studies.
    The Physical Object
    Pagination43p. ;
    Number of Pages43
    ID Numbers
    Open LibraryOL18660986M
    ISBN 100903715333

      See Benn Eifert, Alan Gelb, and Nils Borje Tallroth, "The Political Economy of Fiscal Policy and Economic Management in Oil-Exporting Countries," in Fiscal Policy Formulation and Implementation in. THE POLITICAL ECONOMY OF FISCAL POLICY AND ECONOMIC MANAGEMENT IN OIL EXPORTING COUNTRIES Benn Eifert, Alan Gelb and Nils Borje Tallroth"12 1. Introduction Most mineral exporters, and in particular the oil exporters, have done far less well than resource-poor countries over the past few decades, particularly when considering the. This book discusses the mineral resources policies and strategies of important mineral resources importing and exporting countries, examines the status quo of European mineral resources policy and puts forward proposals for the implementation of such a policy for discussion. Citing from a recent World Bank conference on mining and economic development, Davis ( p. ) states that several invited experts noted with concern the historical poor per capita economic growth of the mineral-exporting nations. In particular, participants from mineral-based developing economies were justly anxious about their fate.


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Economic policy in mineral exporting countries by Philip Daniel Download PDF EPUB FB2

ISBN: OCLC Number: Notes: "Prepared for the John M. Olin Distinguished Lectureship Series in Mineral Economics, organised by the Mineral Economics Department, Colorado School of Mines, Golden, ColoradoUSA.". Many low-income mineral-exporting countries have seen their per capita income decline or their standards of living stagnate over the last several decades.

Is it possible, contrary to natural expectations, that domestic mineral wealth actually retards development and growth. Lectures by leading scholars identify factors that lie behind the negative performance and offer specific policy guidance.

Economists have long been intrigued by the paradox that a rich endowment of natural resources may retard economic performance, particularly in the case of mineral-exporting developing countries.

Studies of this phenomenon, known as the “resource curse,” examine the Cited by:   Preface; 1. Mineral Wealth and Economic Development: An Overview 2. Mining Companies, Economic Nationalism, and third World Development in the s 3.

Economic Development and the Timing of Mineral Exploration 4. The political Economy of Rent in Mining Countries 5. Economic Policy in Mineral-Exporting Countries: What Have We Learned?Cited by: Preface; 1. Mineral Wealth and Economic policy in mineral exporting countries book Development: An Overview 2.

Mining Companies, Economic Nationalism, and third World Development in the s 3. Economic Development and the Timing of Mineral Exploration 4. The political Economy of Rent in Mining Countries 5.

Economic Policy in Mineral-Exporting Countries: What Have We Learned?. CHAPTER 8 MINERALS AND ECONOMIC DEVELOPMENT countries qualify as ‘mineral economies’:minerals output can be set against gross domestic product (GDP),or the dependence of foreign-exchange earnings on mineral exports can be considered.5 MINERALS AND ECONOMIC DEVELOPMENT CHAPTER 8) File Size: KB.

LOCAL CONTENT POLICIES IN MINERALS -EXPORTING COUNTRI ES, CASE STUDIES This paper contains ten country case studies of local content policies and capacity building measures implemented in the mining sector.

It complements Local Content Policies in Minerals-Exporting Countries. Balancing economic theory with facts and institutional details, this volume more than achieves its goal of demonstrating how simple economic principles provide powerful insights into mineral markets and public policy.

Read this book." - Roderick G. Eggert, Professor of Cited by: Over the last several decades, many low-income mineral exporting countries have seen their per capita income decline or their standard of living stagnate.

In this title, prominent analysts identify reasons behind the distressing economic performance of these countries including ineffective public p. Over the last several decades, many low-income mineral exporting countries have seen their per capita income decline or their standard of living stagnate.

In this title, prominent analysts identify reasons behind the distressing economic performance of these countries including ineffective public policies, political misuse of mineral rents, and the deleterious effects of economic nationalism.

Development problems of mineral-exporting countries (English) Abstract. The essential advantage of the mineral economies lies in their possession of a resource that is readily converted into a large financial flow, much of it in the form of foreign by: Local content policies in mineral-exporting countries Resource abundance does not always bring sustained economic growth and development.

Moreover, the mining sector generally provides little direct employment in the regions where extraction by: 4. LOCAL CONTENT POLICIES IN MINERALS-EXPORTING COUNTRIES Executive Summary Use of local content, procurement and capacity building measures in the mining sector is widespread, including in many OECD countries.

This is partly because mineral resources are generally the property of. In this title, prominent analysts identify reasons behind the distressing economic performance of these countries including ineffective public policies, political misuse of mineral rents, and the deleterious effects of economic nationalism on the foreign investment climate in developing : Paperback.

Preface; 1. Mineral Wealth and Economic Development: An Overview 2. Mining Companies, Economic Nationalism, and third World Development in the s 3. Economic Development and the Timing of Mineral Exploration 4. The political Economy of Rent in Mining Countries 5.

Economic Policy in Mineral-Exporting Countries: What Have We Learned. This book, first published inexamines the economics and political issues raised by foreign investment in mineral development. It is an attempt to identify, as far as possible, what occurs in and between countries when foreign investments are made in mineral development, concentrating on two main themes: on the nature of the transactions which constitute the process of foreign investment 5/5(1).

By so doing mineral-rich developing countries continue to face declining levels of economic developing at the expense of developed countries.

This idea is consistent with dependency theory [1]. For example, Presbish () cited by Auty () projected a downward trend in the terms of trade for primary products in relation to manufactured. @article{osti_, title = {Mineral policies trends in developed mineral exporting countries}, author = {Toll, G.L.}, abstractNote = {Policy trends in selected major mineral-exporting countries (Australia, Canada, and South Africa) are examined.

Factors that may have made them successful, hence, developed, are identified. The policy trends in these countries could well provide the formula. Countries with an abundance of natural resources, many of which are in sub-Saharan Africa, often show a record of relatively poor economic performance compared with non-resource-rich countries.

The chapters in this volume explore the potential challenges to countries with abundant natural resources and ways to manage these challenges so as to reap the benefits of resource wealth while avoiding. This book draws upon case-studies and analysis of nine countries to demonstrate the difficulties currently faced and the policies which will be required in the future in order to take advantage of finite mineral resources to maintain the economic and social conditions for sustaining growth.

@article{osti_, title = {Mineral policies of mineral producing developing countries}, author = {Robson, G.R.}, abstractNote = {The mineral-producing developing countries require stable prices and orderly markets to provide maximum revenues from mining and mineral processing for their economic and social development needs.

Their international mineral policies, therefore, are likely to be. This has not abated. Second, there are mineral exporters and oil producers, who have been hit particularly hard. The price of oil has plunged to less than $30 a barrel, which has a significant impact because oil revenue is critical to many exporting countries’ economies.

In the s, rises in oil prices hurt industrial countries. Downloadable. Resource abundance does not always bring sustained economic growth and development. Moreover, the mining sector generally provides little direct employment in the regions where extraction occurs.

In an attempt to derive greater benefits from their resource endowments, and increase linkages with other parts of the economy, some minerals-rich countries have instituted local Cited by: 4. Significant economic pain seems unavoidable in all countries and the risk of financial instability is high, especially in countries with excessive private indebtedness.

Several economies are expected to contract inwhich will lead to an increase in the poverty rate. Cited by: Economic history. Inthe Liberian government gave the Firestone Tire company the right to lease up to 1 million acres of land for 99 years at a cost of 6 cents per acre.

Firestone then set about establishing rubber tree plantations of the non-native South American rubber tree, Hevea brasiliensis in the country. By the s, the company was Liberia's largest private employer and also its GDP: $ billion (PPP) ( est.), Rank: ( est.).

This paper highlights that the flow of IMF-related resources to member countries was maintained at a high level duringamounting to the equivalent of SDR 6, million, compared with SDR 4, million in Some SDR billion became available to non-oil developing countries in Repurchases in the General Resources Account by all members-at SDR billion-exceeded their.

local content policies in minerals-exporting countries PART 1 This paper gives an overview of local content measures used and capacity building in itiatives undertaken in theAuthor: Isabelle Ramdoo.

Mining Rents in Zambia. Mining Rents in Other Countries. Prospects. References -- Economic Policy in Mineral-Exporting Countries: What Have We Learned. \/ Philip Daniel. Mineral Market Characteristics and Economic Policy. Theoretical Approaches. Economic Performance in Mineral-Exporting Countries.

Economic Policy Choices. Some Lessons for. 9 - Differential Effects of Currency Undervaluation on Economic Growth in Mineral- vs Manufacturing-Exporting Countries from Part II - Innovation in Developing and Emerging Countries By Sanika Sulochani Ramanayake, Keun Lee.

The Organization of the Petroleum Exporting Countries (OPEC, / ˈ oʊ p ɛ k / OH-pek) is an intergovernmental organization of 13 nations, founded on 14 September in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela), and headquartered since in Vienna, of Septemberthe 14 member countries accounted for an estimated 44 percent of Establishment: Baghdad, Iraq.

Abstract. Defying intuition, natural resource wealth on aggregate has been found to be negatively correlated with economic growth and living standards 1 and positively correlated with income inequality (Ross ). Natural resource wealth has also been found to be a fertile ground for social conflict (Collier and Hoeffler ; Ross ) and authoritarianism (Ross ).Cited by: 3.

The Impact of the Oil Price Fluctuations on the Economic Policy in Oil-Exporting Former Soviet Union Countries Article (PDF Available) March with Reads How we measure 'reads'.

Economists have long been intrigued by the paradox that a rich endowment of natural resources may retard economic performance, particularly in the case of mineral-exporting developing countries. Studies of this phenomenon, known as the “resource curse,†.

International Mineral Economics provides an integrated overview of the concepts important for mineral exploration, mine valuation, mineral market analysis, and international mineral policies.

The treatment is interdisciplinary, drawing on the fields of economics, geology, business, and mining engineering. 'Barbier's book will bring to the forefront the oft-neglected role of natural resources in the development process.

The range of this book is remarkable, weaving together as it does both solid economic theory and abundant analysis of what is actually going on in the developing world today, while also providing a fascinating tour of resources through economic history as well as thoughtful Author: Edward B.

Barbier. Countries endowed with minerals like iron, copper, and aluminum have benefitted greatly from the export of mineral ore and metals because of the ever increasing demands worldwide. Some of these economies are driven by such export where the share of mineral ore and metal is larger than other export merchandise.

Downloadable. In the existing literature, we find a huge debate on the impact of exchange rate undervaluation (depreciation) on growth and exports. Some argue that undervaluation has positive effects on growth, especially in the case of developing countries.

However there is ample criticism against the undervaluation leads to growth argument as : Sanika Sulochani Ramanayake, Keun Lee.

explored the reasons behind the disappointing performance of some mineral producing countries, and have identified the following possible explanations as to why mining may hinder economic development. The prices of primary products may have fallen relative to those for manufactured goods.

If true, countries producing and exporting primary. The United Nations predicts Africa's economic growth will reach % in and % in As ofgrowth in Africa had surpassed that of East Asia. Data suggest parts of the continent are now experiencing fast growth, thanks to their resources and increasing political stability and 'has steadily increased levels of peacefulness since '.

The World Bank reports the economy of Sub GDP: $ trillion (Nominal; ), $ trillion (PPP. Long-Term Prospects in the Mineral Economies 81 IV.

Economic Rents: the Distribution of Gains from Mineral Exploitation and Mineral Development Policy 86 1. Introduction 86 2. Rents in the Mining Industry 87 3. The Rate of Mineral Exploitation 88 4.

Mineral Taxation and Development Policy 90 5. Cooperation among the Mineral Economies 93 Size: 6MB. Part 5 Conclusion and policy implications: a model of RBI and some policy implications-- conclusions - RBI risk. (source: Nielsen Book Data) Summary This book is the first cross-country analysis of resource-based industrialization (RBI), a controversial industrialization strategy much favoured by developing countries in the 's.Mineral economics is the academic discipline that investigates and promotes understanding of economic and policy issues associated with the production and use of mineral commodities.

While its origins can be traced back at least years to the writings of David Ricardo and other early Classical economists, it emerged as a separate academic Cited by: Mineral Resources, Economics and the Environment Written for students and professionals, this revised textbook surveys the mineral industry from a geological, environmental, and economic perspective.

Thoroughly updated, the text equips readers with the skills theyCited by: