IDEAS home Printed from https://ideas.repec.org/p/unu/wpaper/wp-2017-203.html
   My bibliography  Save this paper

The role of governance and international norms in managing natural resources

Author

Listed:
  • James Cust

Abstract

The governance of natural resource wealth is widely considered to constitute a key determinant in whether the extraction of natural resources proves to be a blessing or a curse. What is meant by governance can span a wide range of components, while the steps to achieving good governance remain subject to debate and uncertainty. In response to this challenge, a variety of international initiatives have emerged seeking to support those striving for better governance in their countries.

Suggested Citation

  • James Cust, 2017. "The role of governance and international norms in managing natural resources," WIDER Working Paper Series wp-2017-203, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2017-203
    as

    Download full text from publisher

    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2017-203.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Halvor Mehlum & Karl Moene & Ragnar Torvik, 2006. "Institutions and the Resource Curse," Economic Journal, Royal Economic Society, vol. 116(508), pages 1-20, January.
    2. Francesco Caselli & Andrea Tesei, 2016. "Resource Windfalls, Political Regimes, and Political Stability," The Review of Economics and Statistics, MIT Press, vol. 98(3), pages 573-590, July.
    3. Christoph Ernst & Katharina Richter & Nadine Riedel, 2013. "Corporate taxation and the quality of research & development," Working Papers 1301, Oxford University Centre for Business Taxation.
    4. Nicolas Berman & Mathieu Couttenier & Dominic Rohner & Mathias Thoenig, 2017. "This Mine Is Mine! How Minerals Fuel Conflicts in Africa," American Economic Review, American Economic Association, vol. 107(6), pages 1564-1610, June.
    5. repec:cep:stieop:41 is not listed on IDEAS
    6. Auty, Richard M., 1994. "Industrial policy reform in six large newly industrializing countries: The resource curse thesis," World Development, Elsevier, vol. 22(1), pages 11-26, January.
    7. Christof Ernst & Katharina Richter & Nadine Riedel, 2014. "Corporate taxation and the quality of research and development," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 21(4), pages 694-719, August.
    8. Dominic P. Parker & Jeremy D. Foltz & David Elsea, 2016. "Unintended Consequences of Sanctions for Human Rights: Conflict Minerals and Infant Mortality," Journal of Law and Economics, University of Chicago Press, vol. 59(4), pages 731-774.
    9. Bawumia,Mahamudu & Halland,Havard, 2017. "Oil discovery and macroeconomic management : the recent Ghanaian experience," Policy Research Working Paper Series 8209, The World Bank.
    10. Elissaios Papyrakis & Matthias Rieger & Emma Gilberthorpe, 2017. "Corruption and the Extractive Industries Transparency Initiative," Journal of Development Studies, Taylor & Francis Journals, vol. 53(2), pages 295-309, February.
    11. Sachs, Jeffrey D & Warner, Andrew M, 1997. "Sources of Slow Growth in African Economies," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 6(3), pages 335-376, October.
    12. Auty, Richard M., 2001. "The political economy of resource-driven growth," European Economic Review, Elsevier, vol. 45(4-6), pages 839-846, May.
    13. Laura E. Seay, 2012. "What’s Wrong with Dodd-Frank 1502? Conflict Minerals, Civilian Livelihoods, and the Unintended Consequences of Western Advocacy- Working Paper 284," Working Papers 284, Center for Global Development.
    14. Persson, Torsten & Besley, Tim, 2013. "Taxation and Development," CEPR Discussion Papers 9307, C.E.P.R. Discussion Papers.
    15. Anthony Hodge, 2017. "Towards contribution analysis," WIDER Working Paper Series wp-2017-19, World Institute for Development Economic Research (UNU-WIDER).
    16. R. Anthony Hodge, 2017. "Towards contribution analysis," WIDER Working Paper Series 019, World Institute for Development Economic Research (UNU-WIDER).
    17. Mahamudu Bawumia & Håvard Halland, 2017. "Oil discovery and macroeconomic management: The recent Ghanaian experience," WIDER Working Paper Series wp-2017-185, World Institute for Development Economic Research (UNU-WIDER).
    18. Collier, Paul & Goderis, Benedikt, 2008. "Commodity Prices, Growth, and the Natural Resource Curse: Reconciling a Conundrum," MPRA Paper 17315, University Library of Munich, Germany.
    19. Rustad, Siri Aas & Le Billon, Philippe & Lujala, Päivi, 2017. "Has the Extractive Industries Transparency Initiative been a success? Identifying and evaluating EITI goals," Resources Policy, Elsevier, vol. 51(C), pages 151-162.
    20. AfDB AfDB, . "August 2013 - Angola - Country Profile," Country Brochure, African Development Bank, number 974.
    21. Torvik, Ragnar, 2002. "Natural resources, rent seeking and welfare," Journal of Development Economics, Elsevier, vol. 67(2), pages 455-470, April.
    22. Mahamudu Bawumia & Håvard Halland, 2017. "Oil discovery and macroeconomic management: The recent Ghanaian experience," WIDER Working Paper Series 185, World Institute for Development Economic Research (UNU-WIDER).
    23. Sachs, Jeffrey D. & Warner, Andrew M., 2001. "The curse of natural resources," European Economic Review, Elsevier, vol. 45(4-6), pages 827-838, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jonathan Mukiza Peter Kansheba & Mutaju Isack Marobhe, 2022. "Institutional quality and resource-based economic sustainability: the mediation effects of resource governance," SN Business & Economics, Springer, vol. 2(2), pages 1-24, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. James Cust, 2017. "The role of governance and international norms in managing natural resources," WIDER Working Paper Series 203, World Institute for Development Economic Research (UNU-WIDER).
    2. Nemera Gebeyehu Mamo, 2018. "Essays on natural resources in Africa: local economic development, multi-ethnic coalitions and armed conflict," Economics PhD Theses 0518, Department of Economics, University of Sussex Business School.
    3. James L. Butkiewicz & Halit Yanikkaya, 2007. "Minerals, Openness, Institutions and Growth: An Empirical Analysis," Working Papers 07-04, University of Delaware, Department of Economics.
    4. Mignamissi, Dieudonné & Malah Kuete, Yselle Flora, 2021. "Resource rents and happiness on a global perspective: The resource curse revisited," Resources Policy, Elsevier, vol. 71(C).
    5. Abdul HANNAN* & Hasan M. MOHSIN**, 2015. "Regional Analysis of Resource Curse Hypothesis: Evidence from Panel Data," Pakistan Journal of Applied Economics, Applied Economics Research Centre, vol. 25(1), pages 45-66.
    6. Manuel Oechslin & Mauricio Rodriguez, 2021. "Fiscal weakness, the (under-) provision of public services, and institutional reform," Conflict Management and Peace Science, Peace Science Society (International), vol. 38(1), pages 20-44, January.
    7. Ishak, Phoebe W. & Farzanegan, Mohammad Reza, 2020. "The impact of declining oil rents on tax revenues: Does the shadow economy matter?," Energy Economics, Elsevier, vol. 92(C).
    8. Tania Masi & Antonio Savoia & Kunal Sen, 2020. "Is there a fiscal resource curse? Resource rents, fiscal capacity, and political institutions in developing economies," WIDER Working Paper Series wp2020-10, World Institute for Development Economic Research (UNU-WIDER).
    9. Dorinet, Elizavetta & Jouvet, Pierre-André & Wolfersberger, Julien, 2021. "Is the agricultural sector cursed too? Evidence from Sub-Saharan Africa," World Development, Elsevier, vol. 140(C).
    10. Harouna Kinda, 2021. "Does transparency pay ? The impact of EITI on tax revenues in resource-rich developing countries," Working Papers hal-03208955, HAL.
    11. Malebogo Bakwena & Philip Bodman & Thanh Le & KK Tang, "undated". "Avoiding the Resource Curse: The Role of Institutions," MRG Discussion Paper Series 3209, School of Economics, University of Queensland, Australia.
    12. Nuno Torres & Óscar Afonso & Isabel Soares, 2013. "A survey of literature on the resource curse: critical analysis of the main explanations, empirical tests and resource proxies," CEF.UP Working Papers 1302, Universidade do Porto, Faculdade de Economia do Porto.
    13. Dorinet, Elizavetta & Jouvet, Pierre-André & Wolfersberger, Julien, 2021. "Is the agricultural sector cursed too? Evidence from Sub-Saharan Africa," World Development, Elsevier, vol. 140(C).
    14. Masi, Tania & Savoia, Antonio & Sen, Kunal, 2024. "Is there a fiscal resource curse? Resource rents, fiscal capacity and political institutions in developing economies," World Development, Elsevier, vol. 177(C).
    15. Edward B. Barbier, 2008. "Trade, Natural Resources and Developing Countries," Chapters, in: Kevin P. Gallagher (ed.), Handbook on Trade and the Environment, chapter 5, Edward Elgar Publishing.
    16. Ernest Aryeetey & Ishmael Ackah, 2018. "The boom, the bust, and the dynamics of oil resource management in Ghana," WIDER Working Paper Series wp-2018-89, World Institute for Development Economic Research (UNU-WIDER).
    17. Costantini, Valeria & Monni, Salvatore, 2008. "Environment, human development and economic growth," Ecological Economics, Elsevier, vol. 64(4), pages 867-880, February.
    18. Anne D. Boschini & Jan Pettersson & Jesper Roine, 2007. "Resource Curse or Not: A Question of Appropriability," Scandinavian Journal of Economics, Wiley Blackwell, vol. 109(3), pages 593-617, September.
    19. Matsen, Egil & Roisland, Oistein, 2005. "Interest rate decisions in an asymmetric monetary union," European Journal of Political Economy, Elsevier, vol. 21(2), pages 365-384, June.
    20. Shu Yang & Elyas Abdulahi & Muhammad Afaq Haider & Mohammed Asif Khan, 2019. "Revisiting the Curse: Resource Rent and Economic Growth of Sub-Sahara African Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 9(1), pages 121-130.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unu:wpaper:wp-2017-203. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Siméon Rapin (email available below). General contact details of provider: https://edirc.repec.org/data/widerfi.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.