Descripción del título
The institutions curse [nat...
"The "resource curse" is the view that countries with extensive natural resources tend to suffer from a host of undesirable outcomes, including the weakening of state capacity, authoritarianism, fewer public goods, war, and economic stagnation. This book debunks this view, arguing that there is an "institutions curse" rather than a resource curse. Legacies endemic to the developing world have impelled many countries to develop natural resources as a default sector in lieu of cultivating modern and diversified economies, and bad institutions have also condemned nations to suffer from ills unduly attributed to minerals and oil. Victor Menaldo also argues that natural resources can actually play an integral role in stimulating state capacity, capitalism, industrialization, and democracy, even if resources are themselves often a symptom of underdevelopment. Despite being cursed by their institutions, weak states are blessed by their resources: greater oil means more development, both historically and across countries today"--
"For decades, parallel literatures in political science and economics have blamed natural resources for several pathologies. The extraction, transportation, and export of hydrocarbons and minerals are believed to vitiate the rule of law and jeopardize property rights. They therefore hinder economic diversification and retard economic growth. Instead, they stimulate unproductive rent seeking and foment corruption. This fuels civil strife, promotes authoritarianism, and exacerbates gender inequality"--
Monografía
monografia Rebiun24303756 https://catalogo.rebiun.org/rebiun/record/Rebiun24303756 m o d cr cnu|||||||| 160824s2016 enk ob 001 0 eng 9781316481530 1316481530 9781107138605 1107138604 9781316503362 1316503364 CBUC 991010752772306709 NhCcYBP eng NhCcYBP UNAV 338.9009172/4 23 Menaldo, Victor 1977-) autor The institutions curse Recurso electrónico] natural resources, politics, and development Victor Menaldo, University of Washington Cambridge, U.K. New York Cambridge University Press 2016 Cambridge, U.K. New York Cambridge, U.K. New York Cambridge University Press 1 recurso electrónico 1 recurso electrónico Text txt rdacontent computer c rdamedia. online resource cr rdacarrier. CUP ebooks Business and public policy Incluye referencias bibliográficas e índices Cover; Half-title page; Series page; Title page; Copyright page; Dedication; Contents; List of figures; List of maps; List of tables; Acknowledgments; 1 Introduction; 2 Three puzzles and some building blocks; 3 Intellectual heritage of the institutions curse view; 4 The institutions curse theory; 5 Not manna from heaven after all: The endogeneity of oil; 6 The resource blessing; 7 Oil curse or monarchical exceptionalism?; 8 Conclusions; References; Author index; Subject index "The "resource curse" is the view that countries with extensive natural resources tend to suffer from a host of undesirable outcomes, including the weakening of state capacity, authoritarianism, fewer public goods, war, and economic stagnation. This book debunks this view, arguing that there is an "institutions curse" rather than a resource curse. Legacies endemic to the developing world have impelled many countries to develop natural resources as a default sector in lieu of cultivating modern and diversified economies, and bad institutions have also condemned nations to suffer from ills unduly attributed to minerals and oil. Victor Menaldo also argues that natural resources can actually play an integral role in stimulating state capacity, capitalism, industrialization, and democracy, even if resources are themselves often a symptom of underdevelopment. Despite being cursed by their institutions, weak states are blessed by their resources: greater oil means more development, both historically and across countries today"-- Provided by publisher "For decades, parallel literatures in political science and economics have blamed natural resources for several pathologies. The extraction, transportation, and export of hydrocarbons and minerals are believed to vitiate the rule of law and jeopardize property rights. They therefore hinder economic diversification and retard economic growth. Instead, they stimulate unproductive rent seeking and foment corruption. This fuels civil strife, promotes authoritarianism, and exacerbates gender inequality"-- Provided by publisher Forma de acceso: World Wide Web