Publication: Rents to Riches? The Political Economy of Natural Resource-led Development
Date
2012
ISSN
Published
2012
Abstract
This volume emphasizes instead the
notion of 'good fit,' taking the position that
welfare-promoting policies, institutions, and governance
must be tailored, at least in part, to a country's
specific context. In this vein, the volume presents an
analytical framework for assessing a country's
political economy and institutional environment as it
relates to natural resource management and, on that basis,
it offers a substantial set of targeted prescriptions across
the natural resource value chain that are technically sound
and compatible with the identified underlying incentives. In
other words, the objective of this book is to help
development practitioners unravel the political economy
dynamics surrounding natural resource management in order to
complement their technically grounded engagement. To this
end, the analytical approach has been two-pronged. First,
case studies were conducted on the political economy of the
hydrocarbon and mineral value chains in 13 countries in the
Africa, East Asia and Pacific, and Latin America and the
Caribbean regions. Second, in light of this empirical
material, the book highlights the current frontier of
applied political economy analysis on resource dependence.
This volume synthesizes the empirical and the theoretical
with an emphasis on illuminating the implications for
operational engagement in resource-dependent settings.
Citation
“Barma, Naazneen H.; Kaiser, Kai; Le, Tuan Minh; Vinuela, Lorena. 2012. Rents to Riches? The Political
Economy of Natural Resource-led Development. © World Bank. http://hdl.handle.net/10986/2381 License: CC BY 3.0 IGO.”