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Did Botswana escape from the resource curse? /
Botswana is typical of the countries that are endowed with abundant natural resources. Although it is commonly accepted that resource-rich economies tend to fail in accelerating growth, Botswana has experienced the most remarkable economic performance in the region. Using the latest cross-country da...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund, African Dept.,
2006.
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| Colección: | IMF working paper ;
WP/06/138. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | Botswana is typical of the countries that are endowed with abundant natural resources. Although it is commonly accepted that resource-rich economies tend to fail in accelerating growth, Botswana has experienced the most remarkable economic performance in the region. Using the latest cross-country data, this study empirically readdresses the question of whether resource abundance can contribute to growth. It finds that governance determines the extent to which the growth effects of resource wealth can materialize. In developing countries in particular, the quality of regulation, such as the predictability of changes of regulations, and anticorruption policies, such as transparency and accountability in the public sector, are most important for effective natural resource management and growth. |
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| Descripción Física: | 1 online resource (31 pages) : illustrations, charts |
| Bibliografía: | Includes bibliographical references. |
| ISBN: | 1283513218 9781283513210 9781451909173 1451909179 9781451863987 1451863985 1462384110 9781462384112 1452747113 9781452747118 9786613825667 6613825662 |
| ISSN: | 2227-8885 ; |