Fiscal Policy and the Natural Resources Curse ask why many governments of natural resource-intensive countries are incapable, in a globalised world, of dealing with the natural-resource curse. This book offers a detailed analysis of the power-relationships which underpin the natural resource curse, using both statistical analysis and country case-studies from Africa and Latin America to pinpoint the strategies that have enable developing countries to break out of the poverty trap.
Fiscal Policy and the Natural Resources Curse ask why many governments of natural resource-intensive countries are incapable, in a globalised world, of dealing with the natural-resource curse. This book offers a detailed analysis of the power-relationships which underpin the natural resource curse, using both statistical analysis and country case-studies from Africa and Latin America to pinpoint the strategies that have enable developing countries to break out of the poverty trap.
Paul Mosley is a development economist with strong interests in politics and the welfare state. He has held professorial chairs at the universities of Manchester and Reading, and is currently Professor of Economics at the University of Sheffield, UK.
Inhaltsangabe
Contents List of Figures List of Tables Preface List of Abbreviations 1. Introduction 2. The way forward: how do 'inclusive' alliances happen? 1. Analytic framework 2. Case studies of resource-intensive countries: i. The classic comparison: Nigeria vs. Indonesia revisited ii. Other 'strategic alliances': Chile, Botswana, Ghana and Bolivia iii. Other rentier-dominated states: Venezuela and Zambia 3. Summary and conclusion 3. The fiscal politics of mineral development in Ghana 1. Introduction: political settlements and their economic consequences prior to the 1980s 2. Transformation of the tax structure: political and economic drivers, 1981-2015 3. The politics of public expenditure allocation and poverty in Ghana 4. Mining, technical rigidity and poverty 5. Can Ghana be seen as a 'proto-developmental state' 4. Zambia: democratization without a 'social dividend'? 1. Introduction 2. The political and economic background to 2006 3. Neoliberalism challenged: the evolution of the political bargain and of tax policy 2006-2015 4. The public finance bargain and welfare outcomes 5. Bolivia: a 'hybrid' political economy? 1. Introduction 2. The political and economic background to 2003 3. Neoliberalism challenged: the evolution of the political bargain and of tax policy 2005-2014 4. Public expenditure, social policies and poverty 5. Politics, fiscal policy and political stability 6. Summing-up and longer-term challenges for policy Appendix: Survey results 6. The politics of inclusive fiscal policy 1. The basic story 2. Drivers of tax revenue, competitiveness and poverty trends 3. Testing the model 4. Conclusions 7. Conclusion: How can mineral-rich countries create 'developmental states'? 1. The politics of 'developmental states' 2. Export diversification: what distinguishes the successful cases? 3. Concluding thoughts: what can these ideas do for the poorest? Bibliography Index
Contents List of Figures List of Tables Preface List of Abbreviations 1. Introduction 2. The way forward: how do 'inclusive' alliances happen? 1. Analytic framework 2. Case studies of resource-intensive countries: i. The classic comparison: Nigeria vs. Indonesia revisited ii. Other 'strategic alliances': Chile, Botswana, Ghana and Bolivia iii. Other rentier-dominated states: Venezuela and Zambia 3. Summary and conclusion 3. The fiscal politics of mineral development in Ghana 1. Introduction: political settlements and their economic consequences prior to the 1980s 2. Transformation of the tax structure: political and economic drivers, 1981-2015 3. The politics of public expenditure allocation and poverty in Ghana 4. Mining, technical rigidity and poverty 5. Can Ghana be seen as a 'proto-developmental state' 4. Zambia: democratization without a 'social dividend'? 1. Introduction 2. The political and economic background to 2006 3. Neoliberalism challenged: the evolution of the political bargain and of tax policy 2006-2015 4. The public finance bargain and welfare outcomes 5. Bolivia: a 'hybrid' political economy? 1. Introduction 2. The political and economic background to 2003 3. Neoliberalism challenged: the evolution of the political bargain and of tax policy 2005-2014 4. Public expenditure, social policies and poverty 5. Politics, fiscal policy and political stability 6. Summing-up and longer-term challenges for policy Appendix: Survey results 6. The politics of inclusive fiscal policy 1. The basic story 2. Drivers of tax revenue, competitiveness and poverty trends 3. Testing the model 4. Conclusions 7. Conclusion: How can mineral-rich countries create 'developmental states'? 1. The politics of 'developmental states' 2. Export diversification: what distinguishes the successful cases? 3. Concluding thoughts: what can these ideas do for the poorest? Bibliography Index
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