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Resource management for Sustainable Development of Island Economies

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  • Majah-Leah Ravago

    ()
    (Department of Economics, University of Hawaii at Manoa)

  • James Roumasset

    ()
    (Department of Economics, University of Hawaii at Manoa
    University of Hawaii Economic Research Organization)

  • Kimberly Burnett

    ()
    (University of Hawaii Economic Research Organization)

Abstract

What is the role of resource management in sustaining competitiveness for island economies such as the Republic of the Philippines and Hawaii? We review the history of thought on sustainable resource management and sustainable development and then turn to the threats to sustainability from the resource curse and the parallel curse of paradise. We show how the resource curse undermines the pursuit of sustainability and describe innovations in governance that can transform the curse into a blessing.

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File URL: http://www.economics.hawaii.edu/research/workingpapers/WP_08-4.pdf
File Function: First version, 2008
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Bibliographic Info

Paper provided by University of Hawaii at Manoa, Department of Economics in its series Working Papers with number 200804.

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Length: 38
Date of creation: 22 Oct 2008
Date of revision:
Handle: RePEc:hai:wpaper:200804

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Keywords: Resource curse; sustainable development; Dutch disease;

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  1. Dixit, Avinash K & Stiglitz, Joseph E, 1975. "Monopolistic Competition and Optimum Product Diversity," The Warwick Economics Research Paper Series (TWERPS) 64, University of Warwick, Department of Economics.
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  7. Roumasset, James, 2008. "A new institutional approach to pro-poor agricultural development: Lessons from Asia," Journal of Asian Economics, Elsevier, vol. 19(5-6), pages 378-388.
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  12. James P. Roumasset, 2004. "Rural Institutions, Agricultural Development, and Pro-Poor Economic Growth," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture, vol. 1(1), pages 61-82, June.
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  14. Endress, Lee H. & Roumasset, James A. & Zhou, Ting, 2005. "Sustainable growth with environmental spillovers," Journal of Economic Behavior & Organization, Elsevier, vol. 58(4), pages 527-547, December.
  15. W. E. G. Salter, 1959. "Internal And External Balance: The Role Op Price And Expenditure Effects," The Economic Record, The Economic Society of Australia, vol. 35(71), pages 226-238, 08.
  16. James A. Roumasset & Lee Endress, 1996. "The Yin and yang of Sustainable Development: A Case for Win-Win Environmentalism," Working Papers 199604, University of Hawaii at Manoa, Department of Economics.
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