product description page
Fiscal Policy and the Natural Resources Curse : How to Escape from the Poverty Trap (Hardcover) (Paul
About this item
It is widely accepted that natural resource wealth, especially in the form of oil and minerals, can be a key factor in inhibiting economic development.
This book offers a detailed analysis of the power-relationships which underpin the natural resource curse, using both statistical analysis and country case-studies from Africa and Latin America. The book differs from other works on this subject, as it not only identifies the issues at stake but also offers solutions in the form of a series of suggested policy measures. The work focusses in particular on fiscal escape routes, namely measures to develop and diversify the tax system, and to reallocate and target public expenditure. The book will be of great interest to scholars of economic development, the economics of natural resources and economic growth.