LEADER 03756nam 22005895 450 001 9910731461803321 005 20230619131400.0 010 $a981-9936-40-3 024 7 $a10.1007/978-981-99-3640-3 035 $a(CKB)27113459500041 035 $a(MiAaPQ)EBC30603297 035 $a(Au-PeEL)EBL30603297 035 $a(DE-He213)978-981-99-3640-3 035 $a(EXLCZ)9927113459500041 100 $a20230619d2023 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aReducing Natural Resource Dependency for Economic Growth in Resource Rich Countries /$fby Goran M. Muhamad 205 $a1st ed. 2023. 210 1$aSingapore :$cSpringer Nature Singapore :$cImprint: Springer,$d2023. 215 $a1 online resource (212 pages) 225 1 $aPerspectives on Development in the Middle East and North Africa (MENA) Region,$x2520-1247 311 $a9789819936397 327 $aChapter One Overview of the Book -- Chapter Two Economic Diversification to Reduce Natural Resource Dependency in the Literature -- Chapter Three Methodology and Empirical specification -- Chapter Four Data Presentation and Analysis -- Chapter Five: Presentation of Results -- Chapter Six Overall Summary, Hypotheses Tests and Policy Implications -- Appendices. 330 $aThis book examines the reduction of natural resource revenue dependency in resource-rich countries. Such countries experience lower economic growth due to factors of high volatility in commodity prices, reduction in accountability, undermining of the competitiveness of other economic sectors, and weak power of institutions. The analysis is based on an identified gap in the literature regarding how private sector development and public sector development affect the degree of dependency on resource revenue in natural resource-rich countries. This book studies the interaction between private and public sector development with dependency on natural resources, specifically exploring whether the two diversified factors lead to a decrease in the degree of dependency, which is important for economic growth and to overcome the "resource curse". Economic diversification is viewed as a long-term solution to the high economic dependency from natural resources. Private sector development and public sector reforms may lead to this diversification. The analysis of the book helps to shed light on private sector development, public services sector privatization, and a taxation system to diversify sources of income, with the objective to reduce dependency on natural resources extraction. This book is an invaluable read for public policymakers, the public and private sectors, law makers, and scholars of developmental studies. 410 0$aPerspectives on Development in the Middle East and North Africa (MENA) Region,$x2520-1247 606 $aPower resources 606 $aEnvironmental economics 606 $aDevelopment economics 606 $aEconomic development 606 $aResource and Environmental Economics 606 $aDevelopment Economics 606 $aEconomic Growth 615 0$aPower resources. 615 0$aEnvironmental economics. 615 0$aDevelopment economics. 615 0$aEconomic development. 615 14$aResource and Environmental Economics. 615 24$aDevelopment Economics. 615 24$aEconomic Growth. 676 $a333.79 700 $aMuhamad$b Goran M$01369450 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910731461803321 996 $aReducing Natural Resource Dependency for Economic Growth in Resource Rich Countries$93395575 997 $aUNINA