Natural Resource Wealth: The Challenge of Managing a Windfall

被引：47
作者：
van der Ploeg, Frederick [1 ]
Venables, Anthony J. [1 ]
机构：
[1] Univ Oxford, Dept Econ, Oxford Ctr Anal Resource Rich Economies, Oxford OX1 3UQ, England
来源：
ANNUAL REVIEW OF ECONOMICS, VOL 4 | 2012年 / 4卷
关键词：
resource curse; managing windfalls; fiscal rules; volatility; absorptive capacity; Dutch disease; public investment; EXHAUSTIBLE RESOURCE; CURSE; MODEL; DEBT;
D O I：
10.1146/annurev-economics-080511-111003
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Many countries have failed to use natural resource wealth to promote growth and development. They have been damaged by the volatility of revenues and have failed to save a sufficiently high proportion of their resource revenues and failed to make high-return investments to support diversification of their economies. This review explores the reasons for these failures and discusses policies to improve performance.
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页码：315 / +
页数：25
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