LEADER 07683oam 22017294 450 001 9910779294003321 005 20230725060455.0 010 $a1-4639-8483-9 010 $a1-4639-5268-6 010 $a1-283-53802-4 010 $a9786613850478 010 $a1-4639-2382-1 035 $a(CKB)2550000000102826 035 $a(EBL)1587356 035 $a(SSID)ssj0000654618 035 $a(PQKBManifestationID)12255646 035 $a(PQKBTitleCode)TC0000654618 035 $a(PQKBWorkID)10663319 035 $a(PQKB)10698034 035 $a(SSID)ssj0001107448 035 $a(PQKBManifestationID)11623148 035 $a(PQKBTitleCode)TC0001107448 035 $a(PQKBWorkID)11082939 035 $a(PQKB)10761174 035 $a(MiAaPQ)EBC1587356 035 $a(Au-PeEL)EBL1587356 035 $a(CaPaEBR)ebr10556947 035 $a(CaONFJC)MIL385047 035 $a(OCoLC)867927342 035 $a(IMF)NRFDEE 035 $a(IMF)NRFDEA 035 $a(EXLCZ)992550000000102826 100 $a20020129d2012 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aBeyond the Curse : $ePolicies to Harness the Power of Natural Resources /$fAmadou Sy, Rabah Arezki, Thorvaldur Gylfason 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2012. 215 $a1 online resource (591 p.) 300 $a"This book is based on a high-level seminar that took place in Algiers on November 4th and 5th, 2010, under the title Natural Resources, Finance, and Development: Confronting Old and New Challenges. The seminar, organized by the Central Bank of Algeria and the IMF Institute ..."--P. 1. 311 $a1-61635-145-4 320 $aIncludes bibliographical references. 327 $aOverview / Leslie Lipschitz -- Commodity markets and the macroeconomy -- Natural resource endowment : a mixed blessing? / Thorvaldur Gylfason -- Primary commodities : historical perspectives and prospects / Marian Radetzki -- Economic diversification and the role of finance -- Economic diversification in resource-rich countries / Alan Gelb -- Finance and oil : is there a resource curse? / Thorsten Beck -- The economics of sovereign wealth funds : lessons from Norway / Thomas Ekeli and Amadou N.R. Sy -- Fiscal policy -- Primary commodity price series : lessons for policymakers in resource-rich countries / Kaddour Hadri -- Sustainable fiscal policy for mineral-base economies / Kirk Hamilton and Eduardo Ley -- Fiscal policy in commodity-exporting countries : stability and growth / Rabah Arezki -- Exchange rates and financial stability -- How can commodity exporters make fiscal and monetary policy less procyclical? / Jeffrey Frankel -- Natural resources management and financial stability : evidence from Algeria / Mohammed Laksaci -- Copper, the real exchange rate and macroeconomic fluctuations in Chile / Jose? de Gregorio and Felipe Labbe? -- Governance and institutional aspects -- The political economy of reform in resource-rich countries / Ragnar Torvik -- Terms of trade and growth of resource economies : contrasting evidence from two African countries / Augustin Kwasi Fosu and Anthony Owusu Gyapong. 330 3 $aCountries with an abundance of natural resources, many of which are in sub-Saharan Africa, often show a record of relatively poor economic performance compared with non-resource-rich countries. The chapters in this volume explore the potential challenges to countries with abundant natural resources and ways to manage these challenges so as to reap the benefits of resource wealth while avoiding the pitfalls. The book is divided into five sections, which explore commodity markets and the macroeconomy, economic diversification and the role of finance, fiscal policy, exchange rates and financial stability, and governance. The ideas in this book were first presented at a seminar in November 2010 that was aimed primarily at policymakers in sub-Saharan Africa and brought together ministers, central bank governors, other senior policymakers, and well-known academics. 410 0$aBooks 606 $aNatural resources 606 $aResource curse 606 $aFiscal policy 606 $aMonetary policy 606 $aForeign exchange rates 606 $aDiversification in industry 606 $aEconomic development 606 $aPrimary commodities 606 $aFinance 606 $aSovereign wealth funds 606 $aInvestments: Energy$2imf 606 $aExports and Imports$2imf 606 $aMacroeconomics$2imf 606 $aPublic Finance$2imf 606 $aNatural Resources$2imf 606 $aInvestments: Commodities$2imf 606 $aForeign Exchange$2imf 606 $aAgricultural and Natural Resource Economics$2imf 606 $aEnvironmental and Ecological Economics: General$2imf 606 $aCommodity Markets$2imf 606 $aEnergy: General$2imf 606 $aFiscal Policy$2imf 606 $aMetals and Metal Products$2imf 606 $aCement$2imf 606 $aGlass$2imf 606 $aCeramics$2imf 606 $aEnvironmental management$2imf 606 $aInvestment & securities$2imf 606 $aPublic finance & taxation$2imf 606 $aInternational economics$2imf 606 $aFinance$2imf 606 $aCurrency$2imf 606 $aForeign exchange$2imf 606 $aNatural resources$2imf 606 $aCommodity prices$2imf 606 $aOil$2imf 606 $aFiscal policy$2imf 606 $aMetal prices$2imf 606 $aEnvironment$2imf 606 $aPrices$2imf 606 $aCommodities$2imf 606 $aPetroleum industry and trade$2imf 606 $aMetals$2imf 606 $aCommercial products$2imf 607 $aChile$2imf 615 0$aNatural resources. 615 0$aResource curse. 615 0$aFiscal policy. 615 0$aMonetary policy. 615 0$aForeign exchange rates. 615 0$aDiversification in industry. 615 0$aEconomic development. 615 0$aPrimary commodities. 615 0$aFinance. 615 0$aSovereign wealth funds. 615 7$aInvestments: Energy 615 7$aExports and Imports 615 7$aMacroeconomics 615 7$aPublic Finance 615 7$aNatural Resources 615 7$aInvestments: Commodities 615 7$aForeign Exchange 615 7$aAgricultural and Natural Resource Economics 615 7$aEnvironmental and Ecological Economics: General 615 7$aCommodity Markets 615 7$aEnergy: General 615 7$aFiscal Policy 615 7$aMetals and Metal Products 615 7$aCement 615 7$aGlass 615 7$aCeramics 615 7$aEnvironmental management 615 7$aInvestment & securities 615 7$aPublic finance & taxation 615 7$aInternational economics 615 7$aFinance 615 7$aCurrency 615 7$aForeign exchange 615 7$aNatural resources 615 7$aCommodity prices 615 7$aOil 615 7$aFiscal policy 615 7$aMetal prices 615 7$aEnvironment 615 7$aPrices 615 7$aCommodities 615 7$aPetroleum industry and trade 615 7$aMetals 615 7$aCommercial products 700 $aSy$b Amadou$01462056 701 $aArezki$b Rabah$01472682 701 $aGylfason$b Thorvaldur$0128929 712 02$aBank al-Jaza??ir. 712 02$aIMF Institute. 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910779294003321 996 $aBeyond the Curse$93782734 997 $aUNINA