The Resource How to Sustain Growth in a Resource Based Economy? : The Main Concepts and their Application to the Russian Case, Rudiger Ahrend, (electronic resource)

How to Sustain Growth in a Resource Based Economy? : The Main Concepts and their Application to the Russian Case, Rudiger Ahrend, (electronic resource)

Label
How to Sustain Growth in a Resource Based Economy? : The Main Concepts and their Application to the Russian Case
Title
How to Sustain Growth in a Resource Based Economy?
Title remainder
The Main Concepts and their Application to the Russian Case
Statement of responsibility
Rudiger Ahrend
Creator
Subject
Language
eng
Summary
In recent years economists have come to see rich natural resource endowments as a ?curse? or ?precious bane? that inevitably undermines development and slows economic growth. Resource-based development undeniably involves important risks. Nonetheless, the resource curse - if it exists - is at least no fatalité, as the examples of Australia, Canada and the Scandinavian countries demonstrate. This paper argues that the serious challenges posed by resource-dependence, which include an increased vulnerability to external shocks, the risk of ?Dutch disease?, and the risk of developing specific institutional pathologies, can be overcome, or at least very substantially mitigated, if accompanied by the right economic policies. It then analyses in detail what these ?right? economic policies are, and how to set up economic and political framework conditions to facilitate their successful implementation. The paper thereafter looks specifically at Russia as a prominent example of a resource-based economy. It investigates briefly the main drivers of Russian growth in recent years, and makes specific recommendations that would help the Russian economy to sustain high growth
Member of
Cataloging source
FR-PaOEC
http://library.link/vocab/creatorName
Ahrend, Rudiger
Government publication
international or intergovernmental publication
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
Series statement
OECD Economics Department Working Papers,
Series volume
no.478
http://library.link/vocab/subjectName
  • Economics
  • Russian Federation
Label
How to Sustain Growth in a Resource Based Economy? : The Main Concepts and their Application to the Russian Case, Rudiger Ahrend, (electronic resource)
Instantiates
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
762091009
Dimensions
21 x 30 cm
Extent
1 online resource 34 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/622880627053
Specific material designation
remote
System control number
(OCoLC)762091009
Label
How to Sustain Growth in a Resource Based Economy? : The Main Concepts and their Application to the Russian Case, Rudiger Ahrend, (electronic resource)
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
762091009
Dimensions
21 x 30 cm
Extent
1 online resource 34 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/622880627053
Specific material designation
remote
System control number
(OCoLC)762091009

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