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Resource management for Sustainable Development of Island Economies

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Author Info
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)

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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 Format: application/pdf
File Function: First version, 2008
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Publisher 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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Related research
Keywords: Resource curse; sustainable development; Dutch disease;

Other versions of this item:

Find related papers by JEL classification:
Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
Q33 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Resource Booms (Dutch Disease)
Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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  3. Stavins, Robert N. & Wagner, Alexander F. & Wagner, Gernot, 2003. "Interpreting sustainability in economic terms: dynamic efficiency plus intergenerational equity," Economics Letters, Elsevier, vol. 79(3), pages 339-343, June. [Downloadable!] (restricted)
    Other versions:
  4. Copeland, Brian R, 1991. "Tourism, Welfare and De-industrialization in a Small Open Economy," Economica, London School of Economics and Political Science, vol. 58(232), pages 515-29, November. [Downloadable!] (restricted)
    Other versions:
  5. 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. [Downloadable!] (restricted)
  6. 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. [Downloadable!] (restricted)
  7. Corden, W Max & Neary, J Peter, 1982. "Booming Sector and De-Industrialisation in a Small Open Economy," Economic Journal, Royal Economic Society, vol. 92(368), pages 825-48, December. [Downloadable!] (restricted)
  8. 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. [Downloadable!]
  9. Dixit, Avinash K & Stiglitz, Joseph E, 1977. "Monopolistic Competition and Optimum Product Diversity," American Economic Review, American Economic Association, vol. 67(3), pages 297-308, June. [Downloadable!] (restricted)
    Other versions:
  10. James 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. [Downloadable!]
  11. Clarete, Ramon L. & Roumasset, James A., 1987. "A Shoven-Whalley model of a small open economy : An illustration with Philippine tariffs," Journal of Public Economics, Elsevier, vol. 32(2), pages 247-261, March. [Downloadable!] (restricted)
  12. Krugman, Paul R., 1979. "Increasing returns, monopolistic competition, and international trade," Journal of International Economics, Elsevier, vol. 9(4), pages 469-479, November. [Downloadable!] (restricted)
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