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Resource-based economy

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This is an old revision of this page, as edited by 70.53.196.105 (talk) at 16:30, 5 July 2014. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Revision as of 16:30, 5 July 2014 by 70.53.196.105 (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.

NOTE IMPOTRTANT all economies are resource based, and all that exist is resources. The Venus project is WRONG on all counts.

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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