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Replication data for: Using Natural Resources for Development: Why Has It Proven So Difficult?

Version
1
Resource Type
Dataset
Creator
  • Venables, Anthony J.
Publication Date
2015-12-28
Description
  • Abstract

    Developing economies have found it hard to use natural resource wealth to improve their economic performance. Utilizing resource endowments is a multistage economic and political problem that requires private investment to discover and extract the resource, fiscal regimes to capture revenue, judicious spending and investment decisions, and policies to manage volatility and mitigate adverse impacts on the rest of the economy. Experience is mixed, with some successes (such as Botswana and Malaysia) and more failures. This paper reviews the challenges that are faced in successfully managing resource wealth, the evidence on country performance, and the reasons for disappointing results.
Availability
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Relations
  • Is supplemented by
    DOI: 10.1257/jep.30.1.161 (Text)
Publications
  • Venables, Anthony J. “Using Natural Resources for Development: Why Has It Proven So Difficult?” Journal of Economic Perspectives 30, no. 1 (February 2016): 161–84. https://doi.org/10.1257/jep.30.1.161.
    • ID: 10.1257/jep.30.1.161 (DOI)

Update Metadata: 2019-10-13 | Issue Number: 1 | Registration Date: 2019-10-13

Venables, Anthony J. (2015): Replication data for: Using Natural Resources for Development: Why Has It Proven So Difficult?. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E113965V1