http://www.netvouz.com/ipfwgweb/folder/6380382623810399285/xAnnotated+papers-ALL+Annotated+papers-Combating+the+Resource+Curse?feed=rss ipfwgweb's bookmarks in folder Annotated papers-Combating the Resource Curse on Netvouz http://www.dundee.ac.uk/cepmlp/journal/html/vol11/article11-8.html Natural resources should generate wealth and promote both economic development and a reduction in poverty.The logic behind this view can be seen either in terms of common sense or based upon economic development theory.In the case of the latter, capital constraints and dual gap analysis imply the revenues accruing from natural resource projects should break these constraints.However, most countries having an abundance of minerals or oil seem to perform worse in terms of growth and poverty reduction than resource poor countries. Large windfall gains from such projects appear to create severe distortions in the working of the economy and the political system with strongly negative socio-political consequences. This phenomenon is called esource curse. xAnnotated papers-ALL > Annotated papers-Combating the Resource Curse ipfwgweb Mon, 09 Oct 2006 19:52:29 GMT http://www.dundee.ac.uk/cepmlp/journal/html/vol8/article8-8.html This Paper looks at recent trends in dispute resolution in the Oil and Gas Industries. There is probably little doubt that the two major methods of dispute resolution are still litigation in the national courts and international arbitration. But it is clear that other dispute resolution processes are being used, amongst them ADR and Expert Determination. To state the obvious, which type of dispute mechanism will be used in any particular case will depend upon the precise nature of the dispute: a jurisdiction dispute arising out of an international contract is likely to be settled by litigation rather than, say, expert determination. xAnnotated papers-ALL > Annotated papers-Combating the Resource Curse ipfwgweb Mon, 09 Oct 2006 19:42:12 GMT http://www.soros.org/initiatives/cep/articles_publications/publications/money_20041117/follow_money.pdf#search=%22Follow%20the%20Money%3A%20A%20Guide%20to%20Monitoring%20Budgets%20and%20Oil%20and%20Gas%20Revenues%20(Lifting%20the%20Resource%20Curse%201)%22 Many countries, rich in natural resources, squander their wealth, enriching a minority, while corruption and mismanagement leave the majority impoverished. This book helpful in learning to work with advocates on issues involving budgets and extractive industry revenues. It targets different audiences NGOs, journalists, investors, and policymakers — in an effort to help these stakeholders promote government transparency and accountability. xAnnotated papers-ALL > Annotated papers-Combating the Resource Curse ipfwgweb Sat, 02 Sep 2006 18:25:21 GMT http://www.dundee.ac.uk/cepmlp/journal/html/vol7/article7-20a.html Political attention is increasing on the glaring contradiction in most oil-rich countries between natural abundance on economic and social misery. How can it be that oil is not a blessing, but becomes a curse? Although drawing on economic analysis (Dutch disease), the analytical framework established in this report on Angola and Azerbaijan emphases political and institutional factors and concentrates on the role of the state. Selected variables that are likely to decide whether the petro-states become 'predatory' or 'developmental' are studied for both countries. The analysis indicates a danger that oil resources will continue to trickle away instead of trickling down to the benefit of the broader Angolan and Azerbaijani population. xAnnotated papers-ALL > Annotated papers-Combating the Resource Curse ipfwgweb Thu, 19 Oct 2006 17:51:31 GMT http://209.85.129.104/u/ei?q=cache:bLGrqZbDs6sJ:www.earthinstitute.columbia.edu/cgsd/STP/Oil%2520revenue%2520management/General%2520Oil%2520Documents/Nigeria/Nigeria%2520Petroleum%2520Revenue%2520Management%2520UdehPaper.pdf+oil+and+politics&hl=hu&ct=clnk&cd=12&ie=UTF-8 The issue of oil mineral resources and petroleum revenue in Nigeria has come a long way. From a modest start of about 5,000 barrels of crude oil per day in 1957, the country now has the potential of producing well over 2.4 millions barrels a day. In the same vein the revenue accruing from oil has run into billions of naira over the years as shown in table 1 for 1981 -1999. On oil mineral deposits, a recent publication by the Nigerian National Petroleum Corporation (NNPC) states that oil mineral reserves in Nigeria (proven) amount to over 32 billion barrels of crude, while natural gas reserve (proven) is estimated at 260 trillion cubic feet. Further exploration is still being undertaken both on-shore and off-shore, within the Nigerian continental shelf. xAnnotated papers-ALL > Annotated papers-Combating the Resource Curse ipfwgweb Fri, 20 Oct 2006 12:43:08 GMT http://arjournals.annualreviews.org/doi/abs/10.1146/annurev.polisci.9.062404.170436 The authors argue over the widely accepted contention that an abundance of mineral resources and the influx of external rents generated from these resources during boom periods are to be blamed for the so-called "resource curse". They offer instead a new research agenda for studying the problem of resorce-rich which states that shifts the locus of study away from the "paradox of plenty" to a more appropriate paradox---that the concentration of wealth impoverishes the state whereas the dispersion of wealth enriches the state. This agenda focuses on three interrelated issues: the structure of ownership over mineral resources, the importance of strong institutions, and the relative influence of domestic versus international factors. xAnnotated papers-ALL > Annotated papers-Combating the Resource Curse ipfwgweb Sat, 02 Sep 2006 18:35:04 GMT http://www.dundee.ac.uk/cepmlp/car/html/car7_article5.pdf by D.M. Auty. CEPMLP. 2002 Chad commenced its oil production in 2002 and will be exporting vast quantities of oil by 2004. This generated an influx of capital. Other countries in Chad's position have frequently suffered what has become known as "resource Curse". Rather then stimulating growth, a mineral resource has potential to imbalance countries' economies and inducing stagnation or retarding economic growth. The purpose of this paper is to examine what actions Chad is taking in order to counter act any ill effects from the mineral exploitation and associated wealth generation. The paper concludes that although Chad has spent a great deal of time and effort in acting to avoid resource curse it is by no means clear that it will be able to do so. xAnnotated papers-ALL > Annotated papers-Combating the Resource Curse ipfwgweb Mon, 09 Oct 2006 19:44:15 GMT http://www.fpif.org/papers/ordf2003.html The current paper suggests the creation of an Iraq oil revenue trust fund that would directly distribute oil revenues to Iraqi citizens. Thus, rather than saving a share of revenues in a trust fund and building up the fund over time, a significant portion of oil revenues would be immediately and directly paid to Iraq 's citizens. xAnnotated papers-ALL > Annotated papers-Combating the Resource Curse ipfwgweb Sat, 02 Sep 2006 21:09:07 GMT http://www.imf.org/external/pubs/ft/wp/1999/wp9985.pdf#search=%22does%20mother%20nature%20corrupt%22 This paper argues that natural resource abundance creates opportunities for rent-seeking behavior and is an important factor in determining a country's level of corruption. In a simple growth model, we illustrate the interrelationships between natural resources, corruption, and economic growth, and discuss potential anti-corruption policies. We show that the extent of corruption depends on natural resource abundance, government policies, and the concentration of bureaucratic power. Furthermore, the growth effects of natural resource discoveries and anticorruption policies crucially depend on the economy's state of development. We empirically corroborate the model's implications in a cross-country framework with both corruption and growth endogenized. xAnnotated papers-ALL > Annotated papers-Combating the Resource Curse ipfwgweb Thu, 19 Oct 2006 17:55:43 GMT http://www.earthinstitute.columbia.edu/cgsd/events/documents/auty.DOC The paper examines two potential solutions. First, rapid economic reform may be facilitated by a growth collapse if the ratio of oil reserves to population is low, so that the principal option open to governments to resolve political tensions is by nurturing wealth creation.Second, where oil reserves promise to sustain rents for at least a decade, a more gradual dual track reform may prove viable. This strategy eases the political risk of economic reform by allowing gainers to compensate losers by creating a dynamic market sector in geographical enclaves that offer both domestic and foreign investors immediate access to post-reform conditions of infrastructure, institutions and incentives. xAnnotated papers-ALL > Annotated papers-Combating the Resource Curse ipfwgweb Fri, 20 Oct 2006 16:29:15 GMT