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| A '''resource-based''' or '''natural-resource-based economy''' is that of a country whose ] or ] to a large extent comes from ].<ref>{{cite book |last= Twaddell|first=Hannah |author-link=Hannah Twaddell |year=2007 |title=Best practices to enhance the transportation-land use connection in the rural United States |isbn=9780309098946 |url=https://books.google.com/books?id=CcYVZMR2XSMC&q=%22definition%22+%22resource+based+economy%22&pg=PA26|access-date=2012-03-13}} p.26</ref> | A '''resource-based''' or '''natural-resource-based economy''' is that of a country whose ] or ] to a large extent comes from ].<ref>{{cite book |last= Twaddell|first=Hannah |author-link=Hannah Twaddell |year=2007 |title=Best practices to enhance the transportation-land use connection in the rural United States |isbn=9780309098946 |url=https://books.google.com/books?id=CcYVZMR2XSMC&q=%22definition%22+%22resource+based+economy%22&pg=PA26|access-date=2012-03-13}} p.26</ref> | ||
| ==Examples== | |||
| The economies of ] (GCC) countries like ], ] and ] are highly dependent on exporting oil and gas. | |||
| ]'s exports of ] account for more than 15% of GDP and 70% of export earnings.<ref></ref> | |||
| Of ], more than 80% are oil, natural gas, metals and timber.<ref>{{cite book |last=Ellman |first=Michael |year=2006 |title=Russia's oil and natural gas: bonanza or curse? |isbn=9781843317555 |url=https://books.google.com/books?id=2ysbUhP57FYC&q=russia+OR+suriname+%22resource+based+economy%22&pg=PA191 |access-date=2012-03-13}} p.191</ref> Since Russia has a resource-based economy, it depends most of all on the fluctuations of oil and gas demand and prices.<ref>{{cite web|last1=Nesvetailova|first1=Anastasia|title=Why farmers in Belarus will profit under Putin's sanctions|url=http://theconversation.com/why-farmers-in-belarus-will-profit-under-putins-sanctions-30336|website=The Conversation|access-date=10 September 2014}}</ref> | |||
| ]'s export of oil and gas forms 45% of total exports and more than 20% of the GDP.<ref>{{cite book |year=2011 |title=OECD Environmental Performance Reviews OECD Environmental Performance Reviews: Norway 2011|isbn= 9789264098459|url=https://books.google.com/books?id=RSS_7DfFiUsC&q=russia+OR+suriname+OR+norway+%22resource+based+economy%22&pg=PA60 |access-date=2012-03-13}} p.60</ref> | |||
| ==See also== | ==See also== | ||
Revision as of 01:54, 27 August 2023
Not to be confused with Post-scarcity economies. pending updated version, please stand by... :)
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A resource-based or natural-resource-based economy is that of a country whose gross national product or gross domestic product to a large extent comes from natural resources.
See also
References
- Twaddell, Hannah (2007). Best practices to enhance the transportation-land use connection in the rural United States. ISBN 9780309098946. Retrieved 2012-03-13. p.26
Bibliography
- Barry C.Field (2000), Natural Resource Economics, McGraw-Hill. ISBN 0-07-231677-2.
- Thomas H. Tietenberg (1988), Environmental and Natural Resource Economics, Scott-Foresman. ISBN 0-673-18945-7.
- Philip A. Neher (1990), Natural Resource Economics: Conservation and Exploitation, Cambridge University Press. ISBN 0-521-31174-8.
- Steven C. Hackett (2001), Environmental and Natural Resources Economics: Theory, Policy, and the Sustainable Society, M.E. Sharpe. ISBN 0-7656-0682-8.
- Erhun Kula (1992), Economics of Natural Resources and the Environment, Springer. ISBN 0-412-36330-5.
- Juan C. Suris Regueiro, Manuel M. Varela Lafuente (1995), Introducción a la economía de los recursos naturales, Civitas. ISBN 84-470-0613-1.
- Pere Riera (2005), Manual de economía ambiental y de los recursos naturales, Thomson. ISBN 84-9732-369-6.
- Carlos Romero (1994), Economía de los recursos ambientales y naturales, Alianza Editorial. ISBN 84-206-6811-7.
- Alan Randall, Ricardo Calvet Perez (1985), Economía de los recursos naturales y política ambiental, Limusa. ISBN 968-18-1727-3.
- Roxana Barrantes (1997), Hacia un nuevo dorado: Economía de los recursos naturales, Consorcio de Investigación Económica. ISBN 9972-670-00-7.
External links
- "How to Sustain Growth in a Resource Based Economy? The Main Concepts and their Application to the Russian Case" (United Nations Economic Commission for Europe)