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A '''resource-based economy''' is a term used for the economy of a country whose ] or ] to a large extent comes from ].<ref>{{cite book |last= Twaddell|first=Hannah |authorlink=Hannah Twaddell |year=2007 |title=Best practices to enhance the transportation-land use connection in the rural United States |edition= |url=http://books.google.ie/books?id=CcYVZMR2XSMC&pg=PA26&dq=%22definition%22+%22resource+based+economy%22&hl=en&sa=X&ei=0SZfT8nULIrNhAee8oHKBw&ved=0CF0Q6AEwBw#v=onepage&q=%22definition%22%20%22resource%20based%20economy%22&f=false|accessdate=13-3-2012}} p.26</ref> A '''resource-based economy''' is a term used for the economy of a country whose ] or ] to a large extent comes from ].<ref>{{cite book |last= Twaddell|first=Hannah |authorlink=Hannah Twaddell |year=2007 |title=Best practices to enhance the transportation-land use connection in the rural United States |edition= |url=http://books.google.ie/books?id=CcYVZMR2XSMC&pg=PA26&dq=%22definition%22+%22resource+based+economy%22&hl=en&sa=X&ei=0SZfT8nULIrNhAee8oHKBw&ved=0CF0Q6AEwBw#v=onepage&q=%22definition%22%20%22resource%20based%20economy%22&f=false|accessdate=13-3-2012}} p.26</ref><ref></ref>


For example ], is depending on the export of ], which accounts for more than 15% of GDP and 70% of export earnings.<ref></ref> ] is for more than 80% based on oil, natural gas, metals and timber.<ref>{{cite book |last=Ellman |first=Michael |authorlink=Michael Ellman |year=2006 |title=Russia's oil and natural gas: bonanza or curse? |edition= |url=http://books.google.ie/books?id=2ysbUhP57FYC&pg=PA191&dq=russia+OR+suriname+%22resource+based+economy%22&hl=en&sa=X&ei=M1hfT5OyJsSIhQfOk6GtBw&ved=0CC8Q6AEwAA#v=onepage&q=russia%20OR%20suriname%20%22resource%20based%20economy%22&f=false |accessdate=13-3-2012}} p.191</ref> ] depends on the export of oil and gas, that forms 45% of total exports and constitute more than 20% of the GDP.<ref>{{cite book |last= |first= |authorlink=Organisation for Economic Co-operation and Development |year=2011 |title=OECD Environmental Performance Reviews: Norway 2011|edition= |url=http://books.google.ie/books?id=RSS_7DfFiUsC&pg=PA60&dq=russia+OR+suriname+OR+norway+%22resource+based+economy%22&hl=en&sa=X&ei=RlZfT6akDdSJhQeD5qzfBw&ved=0CEAQ6AEwAw#v=onepage&q=russia%20OR%20suriname%20OR%20norway%20%22resource%20based%20economy%22&f=false |accessdate=3-13-2012}} p.60</ref> For example ], is depending on the export of ], which accounts for more than 15% of GDP and 70% of export earnings.<ref></ref> ] is for more than 80% based on oil, natural gas, metals and timber.<ref>{{cite book |last=Ellman |first=Michael |authorlink=Michael Ellman |year=2006 |title=Russia's oil and natural gas: bonanza or curse? |edition= |url=http://books.google.ie/books?id=2ysbUhP57FYC&pg=PA191&dq=russia+OR+suriname+%22resource+based+economy%22&hl=en&sa=X&ei=M1hfT5OyJsSIhQfOk6GtBw&ved=0CC8Q6AEwAA#v=onepage&q=russia%20OR%20suriname%20%22resource%20based%20economy%22&f=false |accessdate=13-3-2012}} p.191</ref> ] depends on the export of oil and gas, that forms 45% of total exports and constitute more than 20% of the GDP.<ref>{{cite book |last= |first= |authorlink=Organisation for Economic Co-operation and Development |year=2011 |title=OECD Environmental Performance Reviews OECD Environmental Performance Reviews: Norway 2011|edition= |url=http://books.google.ie/books?id=RSS_7DfFiUsC&pg=PA60&dq=russia+OR+suriname+OR+norway+%22resource+based+economy%22&hl=en&sa=X&ei=RlZfT6akDdSJhQeD5qzfBw&ved=0CEAQ6AEwAw#v=onepage&q=russia%20OR%20suriname%20OR%20norway%20%22resource%20based%20economy%22&f=false |accessdate=13-3-2012}} p.60</ref>


==Alternative use== ==Alternative use==
The term ''resource-based economy'' or '']'' is also used for an economic theory in which ], ], ], ] and the ] would ] and human needs such as food, goods, services and information are free. <ref name=nytimes>{{cite news|url=http://www.nytimes.com/2009/03/17/nyregion/17zeitgeist.html?_r=2|title=They’ve Seen the Future and Dislike the Present|publisher=] |date=2009-03-16}}</ref><ref name=huffpost>{{cite web |title=The Zeitgeist Movement: Envisioning A Sustainable Future |url=http://www.huffingtonpost.com/travis-walter-donovan/the-zeitgeist-movement-en_b_501517.html |date=Mar 16, 2010 |publisher='']''}}</ref><ref name=PalmBeachPost>, Rhonda Swan, ], April 30, 2009</ref> The term ''resource-based economy'' or '']'' is also used for an economic theory in which things such as goods, services and information are free. This use of the term is found in the books and lectures of ], a ] and ]. Fresco has used the term since 1975 in relation to ].<ref>{{Cite web|url=http://www.thevenusproject.com/en/the-venus-project/resource-based-economy|title=Resource Based Economy|publisher=]}}</ref> ] also uses the term resource-based economy as does the ].<ref>http://technocracy.org/transition/economy/279-transition-doll March-25-2012 retrieve.</ref>
This use of the term is found in the books and lectures of ], a ] and ]. Fresco has used the term since 1975 in relation to ] to advocate for a ] socio-economic system in which all resources become the common heritage of all the inhabitants of the planet, not just a select few.<ref>{{Cite web|url=http://www.thevenusproject.com/en/the-venus-project/resource-based-economy|title=Resource Based Economy|publisher=]}}</ref> ] also uses the term resource-based economy as does the ].<ref>, by the ]. Retrieved March-25, 2012</ref><ref>, by the ]. Retrieved March-25, 2012. Proposes moving toward Resource-Based Economics by objectively analyzing the social structure and applying the scientific method to the social
structure, instead of what the ] believes to be the outmoded ] structure, or ].</ref>


== References == == References ==
{{Reflist|2}} {{Reflist}}


] ]

Revision as of 18:35, 21 May 2012

A resource-based economy is a term used for the economy of a country whose gross national product or gross domestic product to a large extent comes from natural resources.

For example Suriname, is depending on the export of Bauxite, which accounts for more than 15% of GDP and 70% of export earnings. Russian export is for more than 80% based on oil, natural gas, metals and timber. Norway depends on the export of oil and gas, that forms 45% of total exports and constitute more than 20% of the GDP.

Alternative use

The term resource-based economy or Post scarcity is also used for an economic theory in which things such as goods, services and information are free. This use of the term is found in the books and lectures of Jacque Fresco, a structural engineer and industrial designer. Fresco has used the term since 1975 in relation to The Venus Project. The Zeitgeist Movement also uses the term resource-based economy as does the Technocracy Movement.

References

  1. Twaddell, Hannah (2007). Best practices to enhance the transportation-land use connection in the rural United States. Retrieved 13-3-2012. {{cite book}}: Check date values in: |accessdate= (help) p.26
  2. Technate Design - An idea for now.
  3. CIA - World Factbook Suriname
  4. Ellman, Michael (2006). Russia's oil and natural gas: bonanza or curse?. Retrieved 13-3-2012. {{cite book}}: Check date values in: |accessdate= (help) p.191
  5. OECD Environmental Performance Reviews OECD Environmental Performance Reviews: Norway 2011. 2011. Retrieved 13-3-2012. {{cite book}}: Check date values in: |accessdate= (help) p.60
  6. "Resource Based Economy". The Venus Project.
  7. http://technocracy.org/transition/economy/279-transition-doll March-25-2012 retrieve.
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