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The Political Economy of Natural Resources and Development

- From neoliberalism to resource nationalism

About The Political Economy of Natural Resources and Development

The Political Economy of Resources and Development offers a unique and multidisciplinary perspective on how the commodity boom of the mid-2000s reshaped the model of development throughout Latin America and elsewhere in the developing world. Governments increased taxes and royalties on the resource sector, the nationalization of foreign firms returned to the mainstream economic policy agenda, and public spending on social and developmental goals surged. These trends, often described as resource nationalism, have developed into a strategy for economic development, generated a re-imagining of the state and its institutional possibilities, and created a new but very significant political risk for extractive enterprises.

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  • Language:
  • English
  • ISBN:
  • 9780367109776
  • Binding:
  • Paperback
  • Pages:
  • 264
  • Published:
  • October 17, 2018
  • Dimensions:
  • 235x156x18 mm.
  • Weight:
  • 420 g.
Delivery: 1-2 weeks
Expected delivery: November 14, 2024

Description of The Political Economy of Natural Resources and Development

The Political Economy of Resources and Development offers a unique and multidisciplinary perspective on how the commodity boom of the mid-2000s reshaped the model of development throughout Latin America and elsewhere in the developing world. Governments increased taxes and royalties on the resource sector, the nationalization of foreign firms returned to the mainstream economic policy agenda, and public spending on social and developmental goals surged. These trends, often described as resource nationalism, have developed into a strategy for economic development, generated a re-imagining of the state and its institutional possibilities, and created a new but very significant political risk for extractive enterprises.

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