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Do Resource-Rich Countries Suffer from a Lack of Fiscal Discipline?

Bleaney, Michael F.; Halland, Havard - 2016

Fiscal indicators for resource-rich and resource-poor low- and middle-income countries are compared using annual data from 1996 to 2012. Resource richness is defined by export composition: fuel greater than a 25 percent share and/or ores and metals greater than a 10 percent share. Fuel exporters...

Persistent link: https://www.econbiz.de/10012571323

In Search of the Missing Resource Curse

Lederman, Daniel; Maloney, William F. - 2012

The debate over the curse of natural resources has haunted developing countries for decades if not centuries. A review of existing empirical evidence suggests that the curse remains elusive. The fragile negative effect of natural resources on economic growth might be due to international...

Persistent link: https://www.econbiz.de/10012552554

Women's Entrepreneurship : How to Measure the Gap between New Female and Male Entrepreneurs?

Krylova, Yulia; Meunier, Frederic; Ramalho, Rita - 2017

This paper analyzes data on female and male entrepreneurship that were collected by the World Bank Group …'s Entrepreneurship Database. Recognizing the importance of a differentiated approach to entrepreneurship in terms of legal entities, the …. Forty-four of the 143 economies that participated in the Entrepreneurship project provided some sex-disaggregated data for …

Persistent link: https://www.econbiz.de/10012569709

Growing Markets through Business Training for Female Entrepreneurs : A Market-Level Randomized Experiment in Kenya

McKenzie, David J.; Puerto, Susana - 2017

A common concern with efforts to directly help some small businesses to grow is that their growth comes at the expense of their unassisted competitors. This study tests this possibility using a two-stage randomized experiment in Kenya. The experiment randomizes business training at the market...

Persistent link: https://www.econbiz.de/10012570488

Investigating the Transmission Channels behind Dutch Disease Effects : Lessons from Mongolia Using a CGE Model

Gottschalk, Jan; Khan, Tehmina S. - 2017

This paper uses a computable general equilibrium model -- Maquette for Millennium Development Goal Simulations (MAMS) -- calibrated to Mongolia to investigate how the development of major mining projects leads to Dutch disease. The simulations suggest that the process is complex, with the...

Persistent link: https://www.econbiz.de/10012569803

Evidence for a Presource Curse? : Oil Discoveries, Elevated Expectations, and Growth Disappointments

Cust, James; Mihalyi, David - 2017

Oil discoveries can constitute a major positive and exogenous shock to economic activity, but the resource curse hypothesis would suggest they might also be detrimental to growth over the long run. This paper utilizes a new methodology for estimating growth underperformance to examine the extent...

Persistent link: https://www.econbiz.de/10012569918

Does Oil Revenue Crowd Out Other Tax Revenues? : Policy Lessons for Uganda

Belinga, Vincent; Melou, Maximillien Kaffo; Nganou, … - 2017

This paper examines the relationship between hydrocarbon and non-hydrocarbon revenues using a probabilistic panel model with data covering 30 resource-rich countries over 1992-2012. It also discusses policy implications for Uganda, a country with recently discovered oil reserves. The findings...

Persistent link: https://www.econbiz.de/10012570351

The Distributive Impact of Terms of Trade Shocks

Bussolo, Maurizio; Luongo, Patrizia - 2017

The halving of oil prices, which happened in a short period between late 2014 and the first months of 2015, has generated major terms of trade losses for oil exporting countries. Even if the oil producing sector normally employs a small group of workers and oil export revenues tend to be...

Persistent link: https://www.econbiz.de/10012570434

The Political Economy of Direct Dividend Transfers in Resource-Rich Countries : A Theoretical Consideration

Giugale, Marcelo M.; McGuirk, Eoin; Rajaram, Anand - 2016

The acceleration of natural resource discoveries across many parts of the developing world has highlighted the urgent need for solutions to the mismanagement of windfalls that has blighted many countries over the past half-century. One proposal involves distributing annually a share of resource...

Persistent link: https://www.econbiz.de/10012571274

Dutch Disease and Spending Strategies in a Resource-Rich Low-income Country : The Case of Niger

Go, Delfin S.; Robinson, Sherman; Thierfelder, Karen E. - 2014

This paper examines spending plans suggested by the recent literature regarding Dutch disease and examines their implications to Niger relative to its expanding mineral sector. The key to the benefits of significant mineral revenue lies with the productivity and supply responses of spending. If...

Persistent link: https://www.econbiz.de/10012560799