Institutional differences across resource-based economies

Teksoz, Utku; Kalcheva, Katerina

doi:10.35188/unu-wider/2016/106-2

Cited by 3 publications

(4 citation statements)

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“…An important characteristic of RBEs is that they are highly sensitive to external changes due to the volatility of prices for different types of raw materials [46]. In this study, two criteria (GDP and export shares) were selected as the main ones [47].…”

Section: The Object Of the Studymentioning

confidence: 99%

An Assessment of the Applicability of Sustainability Measurement Tools to Resource-Based Economies of the Commonwealth of Independent States

2020

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The concept of sustainable development (SD) is aimed at ensuring public well-being for the present and future generations. Hundreds of methods have been proposed for assessing and comparing the sustainable development of countries and analyzing their contribution to the future of the world. When applied to resource-based economies (RBEs), assessment tools do not take into account the value and impact of mineral resources on SD indicators. The purpose of the study is to reveal the limitations of applying some tools by taking into consideration the specific features of RBEs. Research methods include a correlation analysis between gross national income (GNI) per capita and aggregated indices (the Sustainable Society Index (SSI), the Human Development Index (HDI), and the Environmental Performance Index (EPI)), a comparative analysis of these indices and mining companies’ performance indicators. Object Eurasian RBEs were selected, but Norway was analyzed separately from the sample. The results of the study show that correlations between GNI per capita and SD indicators are heterogeneous. There is no statistically significant correlation between GNI per capita and SSI, a strong correlation with HDI, and a weak correlation with EPI. The EPI and SSI structures do not reflect the specific features of RBEs.

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Section: The Object Of the Studymentioning

confidence: 99%

An Assessment of the Applicability of Sustainability Measurement Tools to Resource-Based Economies of the Commonwealth of Independent States

2020

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“…However, in the 2000s, works aimed at the rebuttal of this established vision began to appear. Thus, researchers [2], using certain statistical models, concluded that the impact of the "resource curse" is nothing more than a function of the quality of the institutional environment of the state, so it can be minimized or completely avoided by creating a special economic and political framework.…”

Section: Introductionmentioning

confidence: 99%

“…living (GNI per capita). More detailed information can be found at UN Development Programmeofficial website 2. EPI provides use of 32 performance indicators across 2 huge issue categories -ecosystem vitality and environmental health.…”

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confidence: 99%

Impact of mining industry growth on sustainable development indicators

Kurakova

Ponomarenko

2021

E3S Web Conf.

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Recently, the idea of sustainable development has become moreand more widespread, which is why many countries and companies have questions about how to assess the correctness and compliance of their actions with this trend. This topic is particularly relevant for countries with resource-based economies. This paper examines various approaches to this assessment using the mining industry as an example. It alsotests the hypothesis of whether the activities of the mineral sector can contribute to the development of the country in the unity of economic, social and environmental components by conducting a correlation analysis in this work. The study was conducted on the example of Mongolia as a country with a resource-based economy.

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“…Gabon's macroeconomic indicators show features of the so-called Dutch disease effect, and scholars agree that countries with substantial natural resources exports can become dependent of one volatile source of income which can destabilize the macroeconomy (e.g., Venables, 2016;Teksoz & Kalcheva, 2016).…”

Section: Introductionmentioning

confidence: 99%

Economic Governance in Gabon: Assessment of the <i> Plan Stratégique Gabon Emergent </i> on the Business Environment

Aki¹

2019

OJPS

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The present study aims to identify the existing reforms introduced by the recent economic diversification policy of the government of Gabon called Plan Stratégique Gabon Emergent. It assesses the current stage of reforms aiming to enable the business environment. Empirical part of our research was carried out with evidence relating to the impact of regulatory reform on the business environment in Gabon. We used the World Bank Doing Business and Ibrahim Index of African Governance databases to provide indicators of the quality of regulatory governance from 2009 to 2018. Our key findings showed that the investment climate is still below the expectations. The current macroeconomic situation of the country due to the barrel price has limited the capacity of the government to finance its major reforms. Furthermore, the small size of the market weakens the potentiality of the country to attract foreign direct investments in non-extractive sectors. In brief, Gabon's diversification model shows some weaknesses due to non-existent coherent industrial policy empowering small medium-size enterprises through an effective financial framework favorable for entrepreneurship.

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Institutional differences across resource-based economies

Cited by 3 publications

References 20 publications

An Assessment of the Applicability of Sustainability Measurement Tools to Resource-Based Economies of the Commonwealth of Independent States

An Assessment of the Applicability of Sustainability Measurement Tools to Resource-Based Economies of the Commonwealth of Independent States

Impact of mining industry growth on sustainable development indicators

Economic Governance in Gabon: Assessment of the <i> Plan Stratégique Gabon Emergent </i> on the Business Environment

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Institutional differences across resource-based economies

Cited by 3 publications

References 20 publications

An Assessment of the Applicability of Sustainability Measurement Tools to Resource-Based Economies of the Commonwealth of Independent States

An Assessment of the Applicability of Sustainability Measurement Tools to Resource-Based Economies of the Commonwealth of Independent States

Impact of mining industry growth on sustainable development indicators

Economic Governance in Gabon: Assessment of the &lt;i&gt; Plan Strat&#233;gique Gabon Emergent &lt;/i&gt; on the Business Environment

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Economic Governance in Gabon: Assessment of the <i> Plan Stratégique Gabon Emergent </i> on the Business Environment