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Resource-based economy

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Revision as of 14:18, 21 July 2015 by Grrrom (talk | contribs)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff) Not to be confused with Post-scarcity economy.

The term and meaning of a Resource Based Economy was originated by Jacque Fresco. It is a holistic socio-economic system in which all goods and services are available without the use of money, credits, barter or any other system of debt or servitude. All resources become the common heritage of all of the inhabitants, not just a select few. The premise upon which this system is based is that the Earth is abundant with plentiful resource; our practice of rationing resources through monetary methods is irrelevant and counter productive to our survival.

A resource-based economy it is not a natural-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.

Suriname

Suriname's exports of bauxite account for more than 15% of GDP and 70% of export earnings.

Russia

Of Russian exports, more than 80% are oil, natural gas, metals and timber. Since Russia has a resource based economy, it depends most of all on the fluctuations of oil and gas demand and prices.

Norway

Norway's export of oil and gas forms 45% of total exports and more than 20% of the GDP.

Australia

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. Nesvetailova, Anastasia. "Why farmers in Belarus will profit under Putin's sanctions". The Conversation. Retrieved 10 September 2014.
  5. OECD Environmental Performance Reviews OECD Environmental Performance Reviews: Norway 2011. 2011. Retrieved 2012-03-13. p.60
  6. http://lockthegate.org.au/documents/doc-301-minerals-boom---australia-s-resources-curse.pdf retrieval June-1-2012
  7. 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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