Natural Resources and Socio-Economic Progress

The article reviews international debates on development problems of the resource-based economies. It draws atten tion to causes and mechanisms of the so-called "resource curse" and symptoms of systemic breakdowns and stagnant phenomena in resource-based economies named "Dutch disease...

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Autor principal: L. M. Kapitsa
Formato: article
Lenguaje:EN
RU
Publicado: MGIMO University Press 2014
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Acceso en línea:https://doaj.org/article/2d162b7b7e914444b8b3b38bd3893bda
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spelling oai:doaj.org-article:2d162b7b7e914444b8b3b38bd3893bda2021-11-23T14:50:57ZNatural Resources and Socio-Economic Progress2071-81602541-909910.24833/2071-8160-2014-4-37-168-186https://doaj.org/article/2d162b7b7e914444b8b3b38bd3893bda2014-08-01T00:00:00Zhttps://www.vestnik.mgimo.ru/jour/article/view/174https://doaj.org/toc/2071-8160https://doaj.org/toc/2541-9099The article reviews international debates on development problems of the resource-based economies. It draws atten tion to causes and mechanisms of the so-called "resource curse" and symptoms of systemic breakdowns and stagnant phenomena in resource-based economies named "Dutch disease". Specific attention is given to the role of national elites and institutions in the emergence of "Dutch disease", preservation of economic backwardness and/or de-industrialization of resource-rich countries. The author also considers new approaches to resolving the problem of'resource-curse", in particular, return to traditional instruments of economic diversification as industrialization and protectionism.L. M. KapitsaMGIMO University Pressarticle"ресурсное проклятье""парадокс изобилия""голландская болезнь»«эффект гронингена»"resource curse""paradox of plenty"volatility of export revenuesstructural development problemssystemic development problemssustainability of economic backwardnessmultistructural and multisectoral character of the economyterms of foreign tradenational elitesrent-oriented behaviorlobbinga resource movement effecta spending effect? trade liberalization effectimperfect substitution"dutch disease"groningen effectsovereign wealth fundsInternational relationsJZ2-6530ENRUVestnik MGIMO-Universiteta, Vol 0, Iss 4(37), Pp 168-186 (2014)
institution DOAJ
collection DOAJ
language EN
RU
topic "ресурсное проклятье"
"парадокс изобилия"
"голландская болезнь»
«эффект гронингена»
"resource curse"
"paradox of plenty"
volatility of export revenues
structural development problems
systemic development problems
sustainability of economic backwardness
multistructural and multisectoral character of the economy
terms of foreign trade
national elites
rent-oriented behavior
lobbing
a resource movement effect
a spending effect? trade liberalization effect
imperfect substitution
"dutch disease"
groningen effect
sovereign wealth funds
International relations
JZ2-6530
spellingShingle "ресурсное проклятье"
"парадокс изобилия"
"голландская болезнь»
«эффект гронингена»
"resource curse"
"paradox of plenty"
volatility of export revenues
structural development problems
systemic development problems
sustainability of economic backwardness
multistructural and multisectoral character of the economy
terms of foreign trade
national elites
rent-oriented behavior
lobbing
a resource movement effect
a spending effect? trade liberalization effect
imperfect substitution
"dutch disease"
groningen effect
sovereign wealth funds
International relations
JZ2-6530
L. M. Kapitsa
Natural Resources and Socio-Economic Progress
description The article reviews international debates on development problems of the resource-based economies. It draws atten tion to causes and mechanisms of the so-called "resource curse" and symptoms of systemic breakdowns and stagnant phenomena in resource-based economies named "Dutch disease". Specific attention is given to the role of national elites and institutions in the emergence of "Dutch disease", preservation of economic backwardness and/or de-industrialization of resource-rich countries. The author also considers new approaches to resolving the problem of'resource-curse", in particular, return to traditional instruments of economic diversification as industrialization and protectionism.
format article
author L. M. Kapitsa
author_facet L. M. Kapitsa
author_sort L. M. Kapitsa
title Natural Resources and Socio-Economic Progress
title_short Natural Resources and Socio-Economic Progress
title_full Natural Resources and Socio-Economic Progress
title_fullStr Natural Resources and Socio-Economic Progress
title_full_unstemmed Natural Resources and Socio-Economic Progress
title_sort natural resources and socio-economic progress
publisher MGIMO University Press
publishDate 2014
url https://doaj.org/article/2d162b7b7e914444b8b3b38bd3893bda
work_keys_str_mv AT lmkapitsa naturalresourcesandsocioeconomicprogress
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