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Resource-based economy

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This is an old revision of this page, as edited by Earl King Jr. (talk | contribs) at 23:59, 10 January 2014 (Revert for same reasonUndid revision 590082327 by Enano Humano (talk)). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Revision as of 23:59, 10 January 2014 by Earl King Jr. (talk | contribs) (Revert for same reasonUndid revision 590082327 by Enano Humano (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.

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

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.
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