Fr. 40.50

Escaping the Resource Curse

English · Hardback

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Informationen zum Autor Macartan Humphreys is assistant professor of political science at Columbia University and publishes on the politics of economic policy making, bargaining theory, and rebel behavior in civil war. Jeffrey D. Sachs is the Director of The Earth Institute, Quetelet Professor of Sustainable Development, and Professor of Health Policy and Management at Columbia University. He is also Special Advisor to United Nations Secretary-General Ban Ki-moon and President and Co-Founder of Millennium Promise Alliance, a nonprofit organization aimed at ending extreme global poverty.He is author of hundreds of scholarly articles and many books, including The End of Poverty . Joseph E. Stiglitz is a University Professor at Columbia University and former chief economist and senior vice-president of the World Bank. Among his books is Globalization and Its Discontents , which has been translated into twenty-eight languages. In 2001 he was awarded the Nobel Prize in economics. Klappentext Many countries that are rich with natural resources fall victim to poverty! corruption! civil war! or deep economic crises. This volume examines the paradox of the resource curse by addressing its root causes& mdash; a buyer's unfair advantage over a supplier; governments that unwisely live off their capital; insufficient investments in education; theft by political leaders; grievances in producing regions-and what can be done to resolve these issues. Contributors lay out a broad framework suggesting how willing governments might obtain a contractual advantage over oil corporations! achieve optimal expenditure and investment practices! distribute resource wealth evenly! and build healthier relationships between state and society. Zusammenfassung The wealth derived from natural resources can have a tremendous impact on the economics and politics of producing countries. This volume addresses the fundamental channels generated by this wealth and examines the major decisions a country must make when faced with an abundance of a natural resource. Inhaltsverzeichnis Foreword, by George Soros Acknowledgments 1. Introduction: What Is the Problem with Natural Resource Wealth?, by Macartan Humphreys, Jeffrey D. Sachs, and Joseph E. Stiglitz Part I: Dealing with Oil Corporations 2. What Is the Role of the State?, by Joseph E. Stiglitz 3. How to Evaluate the Fiscal Terms of Oil Contracts, by David Johnston 4. How to Negotiate an Oil Agreement, by Jenik Radon 5. How Best to Auction Oil Rights, by Peter Cramton Part II: Managing the Macroeconomy 6. Are Oil Producers Rich?, by Geoffrey Heal 7. How to Handle the Macroeconomics of Oil Wealth, by Jeffrey D. Sachs 8. The Political Economy of Natural Resource Funds, by Macartan Humphreys and Martin E. Sandbu Part III: Handling the Politics 9. How Mineral-Rich States Can Reduce Inequality, by Michael L. Ross 10. Ensuring Fairness: The Case for a Transparent Fiscal Social Contract, by Terry Lynn Karl 11. Critical Issues for a Revenue Management Law, by Joseph C. Bell and Teresa Maurea Faria 12. Future Directions for the Management of Natural Resources, by Macartan Humphreys, Jeffrey D. Sachs, and Joseph E. Stiglitz Appendices 1. Abridged Sao Tome and Principe Oil Law 2. Abridged Timor-Leste Oil Law 3. Glossary of Oil Terms 4. Web Site References Contributors Index...

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