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Full-Text Articles in Political Economy
Avoiding Turmoil: A Comparative Exploration Of The ‘Resource Curse’, Ian Latimer
Avoiding Turmoil: A Comparative Exploration Of The ‘Resource Curse’, Ian Latimer
International Political Economy Theses
As petroleum extraction and consumption has steadily increased in recent decades, economists and development researchers have been puzzled by discrepancies in the growth, development, and governance of oil-dependent countries around the world. The divergent development outcomes of oil states beg the following question: what are the political and economic conditions that determine the consequences of oil wealth management in petrol-dependent states? Hypotheses in the literature (including the ‘resource curse,’ ‘poverty trap,’ and ‘rentier state’ models) argue that resource abundance fosters harmful economic practices and poor governance. Rather, I argue that resource abundance and dependence merely exacerbates existing poor political and …
Public And Private Firms In Natural Resource Industry: Comparing The Development Of The Lithium Industry In South America, Mike Knape
International Political Economy Theses
Literature on public and private firms has traditionally focused on the efficiency effects of differing firm ownership, although the literature has been largely dormant since the 1980s. State-led development models in Asia and Latin America warrant continued analysis of this fundamental issue in International Political Economy. This paper attempts to frame debate on natural resource governance by identifying the factors that affect the mix of public and private firms in extractive industry. Historical institutionalism is used as a framework for analyzing policy change, and political economy theory of governance institutions is compared to the traditional economic theory of the firm. …