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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 2012-03-13. p.26
2. CIA - World Factbook Suriname
3. Ellman, Michael (2006). Russia's oil and natural gas: bonanza or curse?. Retrieved 2012-03-13. p.191
4. OECD Environmental Performance Reviews OECD Environmental Performance Reviews: Norway 2011. 2011. Retrieved 2012-03-13. p.60
5. http://lockthegate.org.au/documents/doc-301-minerals-boom---australia-s-resources-curse.pdf retrieval June-1-2012
6. http://www.tandfonline.com/doi/abs/10.1080/08941929209380790 retrieve June-1-2012

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