Resource Abundance and Economic Development

By R. M. Auty | Go to book overview

List of Tables
1.1 Characteristics of six natural resource endowment categories 4
1.2 Real per capita GDP growth 1820-1992, by region 5
1.3 Per capita wealth, by major global regions 1994 11
2.1 Per capita income, structural change and domestic absorption, post-1973 (share of GDP) 22
2.2 Per capita GDP and economic growth, Syrquin/Chenery aggregates 23
2.3 Investment, GDP growth and investment efficiency, six natural resource endowment categories 1960-1997 24
2.4 Trends in the dependants/worker ratio, selected countries 1960-1995 27
3.1 Genuine saving as per cent of GDP, 1997 43
A3.1 Genuine saving and its components, per cent of GDP, 1997 49
4.1 Education and resource abundance 58
4.2 Income distribution, education, and growth in Latin America, Asia, and sub-Saharan Africa 63
5.1 Social and political institutions among different export classifications 86
5.2 Inequality among different export classifications 87
5.3 Growth performance of different export classifications (1957-1997), by civil liberties 89
5.4 Growth performance of different export classifications (1957-1997), by social development indicator 89
7.1 Summary of analytical results 122
8.1 Typology of political states, after Lal 128
8.2 Lagging socio-political indicators in sub-Saharan Africa 130
8.3 Share of rents in GDP, six natural resource endowment categories 1994 (%) 131
8.4 Four stage model of competitive sequenced industrialization (based upon South Korea, 1953-1997) 137
8.5 Extended genuine saving rates, selected countries 1970-1994 (% GNP) 138
8.6 Stylized facts models of the political economy of the natural resource endowment and economic growth 139
9.1 Structure of production, absorption, and exports, Malaysia 1960-1995 (% GDP) 148
9.2 Structure of Malaysian exports, 1960-1995 149
9.3 Domestic investment and saving, Malaysia 1960-1998 (% GDP) 151
9.4 Social capital indices, by resource endowment and selected country 154
9.5 Consolidated public sector finance, Malaysia 1970-1990 (% GNP) 155
9.6 Unweighted nominal and effective protection rate, Malaysia 1963-1987 157
9.7 Planned and actual development expenditure by sector (% share) 161
9.8 Number enrolled in education, Malaysia 1960-1995 (% age group) 161

-xi-

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Resource Abundance and Economic Development
Table of contents

Table of contents

  • Unu World Institute for Development Economics Research (Unu/Wider) ii
  • Resource Abundance and Economic Development iii
  • Foreword v
  • Acknowledgements vii
  • Contents ix
  • List of Tables xi
  • List of Figures xiv
  • List of Contributors xv
  • Part I Introduction 2
  • 1: Introduction and Overview 3
  • References 15
  • Part II Critical Parameters in Resource-Based Development Models 18
  • 3: The Sustainability of Extractive Economies 36
  • Appendix 3.1 Deriving Net Income and Genuine Saving 46
  • References 55
  • References 73
  • Part III Long-Term Perspective On, and Models Of, Resource-Based Growth 94
  • References 109
  • 7: Short-Run Models of Contrasting Natural Resource Endowments 113
  • References 124
  • References 142
  • Part IV Development Trajectories of Resource-Abundant Countries 145
  • 9: Competitive Industrialization with Natural Resource Abundance 147
  • References 163
  • 10: A Growth Collapse with Diffuse Resources 165
  • References 177
  • References 191
  • 12: A Growth Collapse with High Rent Point Resources 193
  • References 206
  • 13: Large Resource-Abundant Countries Squander Their Size Advantage 208
  • References 220
  • Part V Lessons for Policy Reform 223
  • References 237
  • 15: Growth, Capital Accumulation, and Economic Reform in South Africa 239
  • Appendix 15.1 257
  • References 258
  • 16: Reforming Resource-Abundant Transition Economies 260
  • References 275
  • References 294
  • 18: A Nordic Perspective on Natural Resource Abundance 296
  • Part VI Conclusions 314
  • 19: Conclusions 315
  • References 327
  • Index 329
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