Natural Resource Wealth : The Challenge of Managing a Windfall

Many countries have failed to use natural resource wealth to promote growth and development. They have been damaged by the volatility of revenues and have failed to save a sufficiently high proportion of their resource revenues and failed to make high-return investments to support diversification of their economies. This review explores the reasons for these failures and discusses policies to improve performance

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Year of publication:	2012
Authors:	Ploeg, Frederick van der ; Venables, Anthony
Publisher:	[S.l.] : SSRN
Subject:	Rohstoffreichtum \| Resource wealth \| Natürliche Ressourcen \| Natural resources \| Marktlagengewinn \| Windfall gains \| Welt \| World \| Öffentliche Einnahmen \| Public revenue \| Wirtschaftswachstum \| Economic growth \| Volatilität \| Volatility \| Rohstoffpolitik \| Resource policy \| Entwicklung \| Economic development
Description of contents:	Abstract [papers.ssrn.com]