Barma, Naazneen H.Kaiser, KaiLe, Tuan MinhVinuela, Lorena2012-03-192012-03-192012978-0-8213-8480-0https://hdl.handle.net/10986/2381This 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.CC BY 3.0 IGOALLOCATIONASSETSBENCHMARKSBENEFICIARIESBROKERSBUSINESS ENVIRONMENTCADASTRECAPACITY BUILDINGCAPITAL STOCKCHECKSCHECKS AND BALANCESCLIENT COUNTRIESCOALCOMMODITYCOMMODITY PRICECOMMODITY PRICESCOPYRIGHT CLEARANCECOPYRIGHT CLEARANCE CENTERCORPORATE SOCIAL RESPONSIBILITYCREDIBILITYCURRENCYDEBTDEBT RELIEFDEBTSDECENTRALIZATIONDECISION MAKINGDEMOCRATIC ACCOUNTABILITYDEPOSITSDEVELOPING COUNTRIESDEVELOPING COUNTRYDEVELOPING ECONOMIESDEVELOPMENT AGENCIESDEVELOPMENT ASSISTANCEDEVELOPMENT BANKDEVELOPMENT POLICIESDEVELOPMENT STRATEGIESECONOMIC ACTIVITYECONOMIC OUTCOMESECONOMIC RISKSECONOMIC STRUCTURESECONOMICSEMERGING ECONOMIESEMPIRICAL EVIDENCEEMPIRICAL RESEARCHENVIRONMENTALENVIRONMENTSEQUILIBRIUMEXPENDITUREEXPENDITURESEXPLOITATIONEXPORT SHAREEXPORTSFACTORS OF PRODUCTIONFINANCE CORPORATIONFINANCIAL FLOWSFINANCIAL MANAGEMENTFINANCIAL RETURNSFINANCIAL SAVINGSFISCAL POLICIESFISCAL POLICYFISHFOREIGN DIRECT INVESTMENTFORESTRYGDPGLOBAL INVESTMENTSGLOBAL MARKETGOVERNANCE INDICATORSGOVERNMENT POLICYGOVERNMENT REVENUESGOVERNMENT SAVINGGROSS DOMESTIC PRODUCTGROSS VALUEHISTORICAL CONTEXTHUMAN RIGHTSINCENTIVES TO INVESTORSINCOME LEVELINFORMATION ASYMMETRIESINFORMATION ASYMMETRYINFORMATION SYSTEMSINFRASTRUCTURE DEVELOPMENTINSTITUTION BUILDINGINSTITUTIONAL CAPACITYINSTITUTIONAL CONSTRAINTSINSTITUTIONAL DEVELOPMENTINSTITUTIONAL ENVIRONMENTINSTITUTIONAL ENVIRONMENTSINTERNATIONAL BANKINTERNATIONAL DEVELOPMENTINTERNATIONAL FINANCEINTERNATIONAL POLITICAL ECONOMYINVESTINGINVESTMENT MANAGEMENTINVESTMENT PROJECTSINVESTMENT SPENDINGINVESTOR UNCERTAINTYLACK OF TRANSPARENCYLOCAL ECONOMIESLONG-TERM INTERESTLOTTERYLOW-INCOME COUNTRIESMETALSMIDDLE-INCOME COUNTRIESMINESMODEL CONTRACTMONETARY FUNDNATIONAL INCOMENATIONAL SECURITYNATIONALISMNATURAL RESOURCENATURAL RESOURCESNORMAL PROFITSOILOPECOWNERSHIP STRUCTURESPERMANENT INCOMEPERMANENT INCOME HYPOTHESISPHYSICAL ASSETSPIHPLEDGESPOLICY DECISIONSPOLICY MAKERSPOLITICAL ECONOMIESPOLITICAL ECONOMYPOLITICAL ECONOMY OF DEVELOPMENTPOLITICAL REGIMEPOLITICAL UPHEAVALSPORTFOLIOPRESENT VALUEPRICE FLUCTUATIONSPRICE TAKERSPRICE VOLATILITYPRIVATE CONSUMPTIONPRODUCERSPROPERTY RIGHTSPUBLIC ASSETSPUBLIC FINANCEPUBLIC GOODPUBLIC GOODSPUBLIC INVESTMENTPUBLIC INVESTMENTSPUBLIC POLICYPUBLIC SECTORPUBLIC SPENDINGREGULATORY FRAMEWORKREMOTE AREASRENEWABLE RESOURCESREPUBLICRESERVESRESOURCE MANAGEMENTRESOURCE OWNERSHIPRESOURCE USERISK PREMIUMSAVINGSSIDE PAYMENTSSOCIAL CAPITALSOCIAL SCIENCESTREAMSSUSTAINABLE DEVELOPMENTTAXTAX INCENTIVESTAX POLICIESTAX POLICYTAX RATETAX REGIMESTAXATIONTECHNICAL ASSISTANCETHEORETICAL MODELSTOTAL REVENUETRANSPARENCYTRANSPARENCY INITIATIVEVALUATIONWEALTHWEALTH OF NATIONSWorld Bank10.1596/978-0-8213-8480-0