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Record Nr. |
UNINA9910165048203321 |
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Autore |
Mosley Paul |
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Titolo |
Fiscal policy and the natural resources curse : how to escape from the poverty trap / / Paul Mosley |
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Pubbl/distr/stampa |
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London ; ; New York, N.Y. : , : Routledge, , 2017 |
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ISBN |
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1-317-37014-7 |
0-367-11079-2 |
1-315-67144-1 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (263 pages) |
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Collana |
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Routledge Studies in Development Economics ; ; 133 |
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Disciplina |
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Soggetti |
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Natural resources - Developing countries |
Economic development - Developing countries |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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1. Introduction -- 2. The way forward : how do 'inclusive' alliances happen? -- 3. The fiscal politics of mineral development in Ghana -- 4. Zambia : democratisation without a 'social dividend'? -- 5. Bolivia : a 'hybrid' political economy? -- 6. The politics of inclusive fiscal policy -- 7. Conclusion : how can mineral-rich countries create 'developmental states'? |
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Sommario/riassunto |
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It is widely accepted that natural resource wealth, especially in the form of oil and minerals, can be a key factor in inhibiting economic development. Many of the countries that are richest in natural resources - including oil, metals and diamonds - are amongst the world's poorest. Why? Fiscal Policy and the Natural Resources Curse re-examines this ancient, unsolved puzzle, asking why many governments of natural resource-intensive countries are incapable, in a globalised world, of dealing with the natural-resource curse. This book offers a detailed analysis of the power-relationships which underpin the natural resource curse, using both statistical analysis and country case studies from Africa and Latin America to pinpoint the strategies that have enable developing countries to break out of the poverty trap. The book differs from other works on this subject, as it not only identifies the issues at stake but also offers solutions in the form of a series of |
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suggested policy measures. The work focusses in particular on fiscal escape routes, namely measures to develop and diversify the tax system, and to reallocate and target public expenditure. This volume will be of great interest to scholars of economic development, the economics of natural resources and economic growth as well as all those with an interest in development, global politics and anti-poverty policies. |
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