{"product_id":"from-curse-to-blessing-isbn-9781405196970","title":"From Curse To Blessing?","description":"This book investigates how revenues derived from natural resource exploitation can be translated into real benefits for the citizens of resource-rich countries   \u003cul\u003e \u003cli\u003e \u003cdiv\u003eShows how despite unprecedentedly high prices of natural resources such as oil and gas on the global market, resource-rich countries are home to over 60% of the world’s poorest people\u003c\/div\u003e   \u003c\/li\u003e\n\u003cli\u003e \u003cdiv\u003eDiscusses the counterintuitive phenomenon known as the “resource curse” and how mineral wealth can impoverish countries\u003c\/div\u003e   \u003c\/li\u003e\n\u003cli\u003e \u003cdiv\u003ePresents the major obstacles for the international community in the fight against poverty and in the achievement of the Millennium Development Goals\u003c\/div\u003e   \u003c\/li\u003e\n\u003cli\u003e \u003cdiv\u003eDebates the ways to lift the curse, and suggests policy interventions to break the vicious circle\u003c\/div\u003e   \u003c\/li\u003e\n\u003cli\u003e \u003cdiv\u003eIncludes cross-country comparisons as well as focussing on countries such as \u003cst1:country-region w:st=\"on\"\u003eAzerbaijan\u003c\/st1:country-region\u003e, Democratic Republic of Congo, \u003cst1:country-region w:st=\"on\"\u003eNigeria\u003c\/st1:country-region\u003e and the \u003cst1:country-region w:st=\"on\"\u003e\u003cst1:place w:st=\"on\"\u003eRussian Federation\u003c\/st1:place\u003e\u003c\/st1:country-region\u003e\n\u003c\/div\u003e  \u003c\/li\u003e\n\u003c\/ul\u003e  \u003cb\u003ePart I: Natural resource wealth, good governance, transparency and sustainable development: a general debate.\u003c\/b\u003e  \u003cp\u003e1. Introduction (Irakli Khodeli).\u003c\/p\u003e \u003cp\u003e2. Resolving conflicts of interest in state-owned enterprises (Jenik Radon and Julius Thaler).\u003c\/p\u003e \u003cp\u003e3. The devil’s excrements as social cement: natural resources and political terror, 1980–2002 (Indra de Soysa and Helga Malmin Binningsbø).\u003c\/p\u003e \u003cp\u003e4. Natural resource rent-cycling outcomes in Botswana, Indonesia and Venezuela (Richard M. Auty).\u003c\/p\u003e \u003cp\u003e5. Governance strategies to remedy the natural resource curse (Joseph Siegle).\u003c\/p\u003e \u003cp\u003e6. Budget transparency and development in resource-dependent countries (Paolo de Renzio, Pamela Gomez and James Sheppard).\u003c\/p\u003e \u003cp\u003e 7. Before the peak: impacts of oil shortages on the developing world (Ben W. Ebenhack and Daniel M. Martínez).\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II: A view from the field.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e8. Social and economic implications of oil policy development in Nigeria (Alexis Rwabizambuga).\u003c\/p\u003e \u003cp\u003e9. The public oversight of oil projects in Azerbaijan, 2004–2007 (Farda Asadov).\u003c\/p\u003e \u003cp\u003e10. Energy relations in Russia: administration, politics and security (Andrey Makarychev).\u003c\/p\u003e \u003cp\u003e11. Doing business with integrity: the experience of Anglogold Ashanti in the Democratic Republic of Congo (Paul Kapelus, Ralph Hamann and Edward O’Keefe).\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III: A view from the industry.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e12. The IPIECA social responsibility working group and human rights (Jenny Owens).\u003c\/p\u003e \u003cp\u003eIndex.\u003c\/p\u003e \u003cb\u003eIrakli Khodeli\u003c\/b\u003e is the Assistant Programme Specialist in the Bioethics Section at UNESCO.    How can revenues derived from natural resource exploitation be translated into real benefits for the citizens of resource-rich countries? This is an urgent question. Despite unprecedentedly high prices of natural resources such as oil and gas on the global market, resource-rich countries are home to over 60% of the world’s poorest people. Twelve of the world’s 25 most mineral-dependent states, and six of the world’s 25 most oil-dependent states, are classified by the World Bank as \"highly indebted poor countries\", with some of the world’s worst Human Development Indicators.  \u003cp\u003e\u003c\/p\u003e    \u003cp\u003e\u003c\/p\u003e This counterintuitive phenomenon is known as the “resource curse”. Mineral wealth, it seems, sometimes impoverishes countries. This presents a major obstacle for the international community in the fight against poverty and in the achievement of the Millennium Development Goals. By refining the insights into the relationship between natural resources and sustainable development, the authors in this volume contribute to the ongoing debate on ways to lift the curse, and suggest policy interventions to break the vicious circle.  \u003cp\u003e\u003c\/p\u003e    \u003cp\u003e\u003c\/p\u003e The articles, which derive from a wide range of academic disciplines such as political science, international relations, developmental economics, as well as from the practitioners in the field of energy, cover a broad range of topics, and employ different methods of inquiry. Some take an empirical approach and use cross-country comparisons to test various hypotheses on the relationship between natural wealth and growth, while others focus on particular countries, such as \u003cst1:country-region w:st=\"on\"\u003eAzerbaijan\u003c\/st1:country-region\u003e, Democratic Republic of Congo, \u003cst1:country-region w:st=\"on\"\u003eNigeria\u003c\/st1:country-region\u003e and the \u003cst1:country-region w:st=\"on\"\u003e\u003cst1:place w:st=\"on\"\u003eRussian Federation\u003c\/st1:place\u003e\u003c\/st1:country-region\u003e. All converge on one point – that domestic institutions make a significant difference. With good governance, the exploitation of resources can generate revenues that will foster growth and reduce poverty.  \u003cp\u003e\u003c\/p\u003e  ","brand":"Wiley-Blackwell","offers":[{"title":"Default Title","offer_id":47989247148261,"sku":"NP9781405196970","price":43.75,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781405196970.jpg?v=1761783366","url":"https:\/\/k12savings.com\/products\/from-curse-to-blessing-isbn-9781405196970","provider":"K12savings","version":"1.0","type":"link"}