000			03584cam a2200493 i 4500
001			20508260
003			OSt
005			20220513101822.0
008			180523s2019 enk b 001 0 eng d
010			_a 2018945756
015			_aGBB8L2882 _2bnb
016	7		_a019131208 _2Uk
020			_a0198828861 _qhardcover
020			_a9780198828860 _qhardcover
035			_a(OCoLC)on1037023475
040			_aYDX _beng _cYDX _erda _dUKMGB _dOCLCO _dOCLCQ _dLSD _dOCLCF _dNTE _dYDXIT _dPUL _dDLC
042			_alccopycat
050	0	0	_aHC85 _b.A978 2019
082	0	4	_a333.7 _223
082	0	4	_a338.9 _223
100	1		_aAuty, R. M. _q(Richard M.), _eauthor. _99160
245	1	4	_aThe rent curse : _bnatural resources, policy choice, and economic development / _cRichard M. Auty and Haydn I. Furlonge.
250			_aFirst edition.
264		1	_aOxford, United Kingdom ; _aNew York, NY : _bOxford University Press, _c2019.
300			_axiv, 263 pages ; _c24 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
505	2		_aContext -- Emergence of rent-dependent development -- Differential rent-driven development in global regions -- Analysing the role of rent in economic development.
520			_aThe resource curse is a variant of a wider rent curse that can also be driven by geopolitical rent, regulatory rent, and labour rent. Total rent can therefore be from one-tenth to two-fifths of GDP and sometimes more. Rent is detached from the activity that generates it and is up for grabs so it feeds contents for its capture and its deployment can radically impact the development trajectory for better or worse, all too often for worse. The Rent Curse: Natural Resources, Policy Choice, and Economic Development studies two rent driven models to suggest that low rent incentivizes the elite to grow the economy efficiently, whereas high rent encourages rent siphoning for immediate enrichment at the expense of long-term growth. It looks at low rent Mauritius and high rent Trinidad and Tobago to show that low rent stimulates rapid and relatively egalitarian economic growth with incremental democratization, whereas high rent inhibits competitive diversification and frequently causes protracted growth collapses. The post-war prioritization of industry has proved a double edged sword. The Rent Curse employs rent driven models to explain why low rent East Asia has closed the income gap with advanced economies; why rent rich Latin America may be de-industrializing; why agricultural neglect launched sub-Saharan Africa on a false start to economic development; why South Asia pioneers growth through export services; and why governments in the oil-rich Gulf states raised the incomes of nationals without conferring the skills to sustain them.
650		0	_aNatural resources _xManagement. _99161
650		0	_aEconomic development. _91013
650		0	_aRent (Economic theory) _99162
650		0	_aResource curse. _99163
650		0	_aIndustrial policy. _99164
650		7	_aEconomic development. _2fast _0(OCoLC)fst00901785 _91013
650		7	_aNatural resources. _2fast _0(OCoLC)fst01034403 _9869
650		7	_aRent (Economic theory) _2fast _0(OCoLC)fst01094666 _99162
650		7	_aResource curse. _2fast _0(OCoLC)fst01747834 _99163
700	1		_aFurlonge, Haydn I., _eauthor. _99165
906			_a7 _bcbc _ccopycat _d2 _encip _f20 _gy-gencatlg
942			_2ddc _cKLPT
999			_c212352 _d212352