La rente pétrolière et le développement économique des pays exportateurs
AbstractThe economic performances of oil exporting countries reveal a counter intuitive phenomenon: natural wealth is a limit for growth opportunities. Development experiences of many oil exporting countries prove that the possession of natural resources is often transformed into a curse. The literature on the oil curse is abundant, especially after the oil shocks of the 1970s. However, it does not reach a consensus concerning the transmission mechanisms. The aim of this thesis is to figure why the oil surplus of exporting countries did not generate economic development. We propose an analysis of the impact of oil revenues on the economies, by examining first the dynamics and distribution of the world oil surplus. We study afterwards different factors that explain economic decline in these countries. The Dutch Disease phenomenon is well known, but we show that on top of economic issues, there are also pains linked to bad governance. In the last part, we explore some propositions to escape the curse. Economic policies can be adopted, as exports diversification policies, or the implementation of oil funds. Other political actions can also contribute to enhance institutional quality by improving governance and transparency in the oil sector.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoThis book is provided by Paris Dauphine University in its series Economics Thesis from University Paris Dauphine with number 123456789/12907 and published in 2008.
economic growth; Dutch disease; exports diversification; oil funds; croissance économique; syndrome hollandais; corruption; diversification des exportations; fonds pétroliers;
Find related papers by JEL classification:
- O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Jean-Marie Chevalier, 2009. "Petroleum Sovereign Wealth Funds," Revue d'Économie Financière, Programme National Persée, vol. 9(1), pages 19-24.
- Jean-Marie Chevalier, 2009. "Les fonds souverains pétroliers," Revue d'Économie Financière, Programme National Persée, vol. 9(1), pages 21-26.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alexandre Faure).
If references are entirely missing, you can add them using this form.