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Full Description
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 to help make mineral wealth an engine for economic development.
Contents
PrefaceMineral Wealth and Economic Development: An OverviewJohn E. TiltonMining Companies, Economic Nationalism, and Third World Development in the 1990sTheodore H. MoranEconomic Development and the Timing of Mineral ExplorationMarian RadetzkiThe Political Economy of Rent in Mining CountriesOlivier BomselEconomic Policy in Mineral-Exporting Countries: What Have We Learned?Philip Daniel