Natural resource wealth: the challenge of managing a windfall
Many countries have failed to use natural resource wealth to promote growth and development. They have been damaged by volatility of revenues, have failed to save a sufficiently high proportion of their resource revenues and failed to make high return investments to support diversification of their...
| Main Authors: | , |
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| Format: | Working paper |
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University of Oxford
2011
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| _version_ | 1797090389011726336 |
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| author | Venables, A Van der Ploeg, R |
| author_facet | Venables, A Van der Ploeg, R |
| author_sort | Venables, A |
| collection | OXFORD |
| description | Many countries have failed to use natural resource wealth to promote growth and development. They have been damaged by volatility of revenues, 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 paper explores the reasons for these failures and discusses policies to improve performance. |
| first_indexed | 2024-03-07T03:17:52Z |
| format | Working paper |
| id | oxford-uuid:b66a6d71-9362-406a-9362-93bc0d1310e5 |
| institution | University of Oxford |
| last_indexed | 2024-03-07T03:17:52Z |
| publishDate | 2011 |
| publisher | University of Oxford |
| record_format | dspace |
| spelling | oxford-uuid:b66a6d71-9362-406a-9362-93bc0d1310e52022-03-27T04:40:47ZNatural resource wealth: the challenge of managing a windfallWorking paperhttp://purl.org/coar/resource_type/c_8042uuid:b66a6d71-9362-406a-9362-93bc0d1310e5Bulk import via SwordSymplectic ElementsUniversity of Oxford2011Venables, AVan der Ploeg, RMany countries have failed to use natural resource wealth to promote growth and development. They have been damaged by volatility of revenues, 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 paper explores the reasons for these failures and discusses policies to improve performance. |
| spellingShingle | Venables, A Van der Ploeg, R Natural resource wealth: the challenge of managing a windfall |
| title | Natural resource wealth: the challenge of managing a windfall |
| title_full | Natural resource wealth: the challenge of managing a windfall |
| title_fullStr | Natural resource wealth: the challenge of managing a windfall |
| title_full_unstemmed | Natural resource wealth: the challenge of managing a windfall |
| title_short | Natural resource wealth: the challenge of managing a windfall |
| title_sort | natural resource wealth the challenge of managing a windfall |
| work_keys_str_mv | AT venablesa naturalresourcewealththechallengeofmanagingawindfall AT vanderploegr naturalresourcewealththechallengeofmanagingawindfall |