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Revision as of 04:19, 26 August 2012 editEarl King Jr. (talk | contribs)Extended confirmed users3,881 edits Not connected to the actual term. Venus project article covers self defined term by Fresco← Previous edit Revision as of 04:24, 26 August 2012 edit undoOpenFuture (talk | contribs)Extended confirmed users9,245 edits Undid revision 509192900 by Earl King Jr. (talk)Next edit →
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{{About|countries whose income comes mainly from natural resources| use of the term as an economic theory |The Venus Project#Resource-based economy{{!}}The Venus Project}}

A '''resource-based economy''' is 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> A '''resource-based economy''' is 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>


Revision as of 04:24, 26 August 2012

This article is about countries whose income comes mainly from natural resources. For use of the term as an economic theory, see The Venus Project.

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

For example:

  • Suriname's exports of bauxite account for more than 15% of GDP and 70% of export earnings.
  • Of Russian exports, more than 80% are oil, natural gas, metals and timber.
  • Norway's export of oil and gas forms 45% of total exports and more than 20% of the GDP.
  • Australia developed aspects of a resource-based economy in the later twentieth century, while retaining a foundation in agricultural exports, and latterly minerals.

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. http://lockthegate.org.au/documents/doc-301-minerals-boom---australia-s-resources-curse.pdf retrieval June-1-2012
  7. http://www.tandfonline.com/doi/abs/10.1080/08941929209380790 retrieve June-1-2012
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