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Revision as of 19:48, 28 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
- 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 - Technate Design - An idea for now.
- CIA - World Factbook Suriname
- 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 - 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 - http://lockthegate.org.au/documents/doc-301-minerals-boom---australia-s-resources-curse.pdf retrieval June-1-2012
- http://www.tandfonline.com/doi/abs/10.1080/08941929209380790 retrieve June-1-2012