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How do “Mineral-States” Learn? Path-Dependence, Networks, and Policy Change in the Development of Economic Institutions

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  • Orihuela, José Carlos

Abstract

Based on case-study methods, I draw lessons from the political economy of macroeconomic management in Chile and Peru to explain how “mineral-states” learn to think long term and eventually escape the resource curse. I give an institutionalist account of the rise of countercyclical funds, showing how the long-term development of elite networks qualifies the contemporary making of curse-escapes. Policy networks compose one central avenue of institutional development, for both the reproduction of path-dependence and the making of institutional change. The exposition challenges political economy of development frameworks which over-emphasize structural (initial) conditions and assume steady (rent-seeking) behavior of state agents.

Suggested Citation

  • Orihuela, José Carlos, 2013. "How do “Mineral-States” Learn? Path-Dependence, Networks, and Policy Change in the Development of Economic Institutions," World Development, Elsevier, vol. 43(C), pages 138-148.
  • Handle: RePEc:eee:wdevel:v:43:y:2013:i:c:p:138-148
    DOI: 10.1016/j.worlddev.2012.10.004
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    Cited by:

    1. Astghik Mavisakalyan & Yashar Tarverdi, 2017. "Oil and Women: A Re-examination," Bankwest Curtin Economics Centre Working Paper series WP1706, Bankwest Curtin Economics Centre (BCEC), Curtin Business School.
    2. Paul Alexander Haslam, 2016. "Overcoming the Resource Curse: Reform and the Rentier State in Chile and Argentina, 1973–2000," Development and Change, International Institute of Social Studies, vol. 47(5), pages 1146-1170, September.
    3. Hinojosa, Leonith & Bebbington, Anthony & Cortez, Guido & Chumacero, Juan Pablo & Humphreys Bebbington, Denise & Hennermann, Karl, 2015. "Gas and Development: Rural Territorial Dynamics in Tarija, Bolivia," World Development, Elsevier, vol. 73(C), pages 105-117.
    4. Haslam, Paul Alexander & Ary Tanimoune, Nasser, 2016. "The Determinants of Social Conflict in the Latin American Mining Sector: New Evidence with Quantitative Data," World Development, Elsevier, vol. 78(C), pages 401-419.

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