This is an old revision of this page, as edited by 72.220.63.1 (talk) at 16:59, 14 August 2012. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.
Revision as of 16:59, 14 August 2012 by 72.220.63.1 (talk)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff) 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.
Resource Based Economy Alternative use: (Economic Theory)
Roseanne Barr in her campaign for President of the United States describes a Resource Based Economy as an economic alternative to the broken monetary system.
"The Bankers and the Federal Reserve need to be brought down. They have stolen our money, our future and the American Dream and continue to enslave us with a broken monetary system. There is no scarcity; there is manipulation of the resources. We need to end the wars, bring our troops home and our jobs back, create new Green jobs and put people back to work. We need a resource based economy."
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