๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

NATURAL RESOURCE ENDOWMENT, THE STATE AND DEVELOPMENT STRATEGY

โœ Scribed by RICHARD M. AUTY


Publisher
John Wiley and Sons
Year
1997
Tongue
English
Weight
173 KB
Volume
9
Category
Article
ISSN
0954-1748

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โœฆ Synopsis


This paper speculates that a linear causal chain runs from the natural resource endowment to the landholding system, the type of political state, the choice of development strategy and economic performance. It suggests that resource-deยฎcient countries tend to have peasant-dominated landholding systems which foster autonomous political states and growth-promoting economic linkages. Such countries out-perform resourcerich ones which have more varied landholding patterns which emphasise conยฏicts over rents and foster factional political states and weaker economic linkages. The preoccupation with rents in resource-rich countries impedes beneยฎcial land reform and creates inecient industry in a counter-productive eort to create non-farm jobs. Resource-deยฎcient countries cannot aord such inecient transfers and pursue a development strategy which uses scarce resources more eectively.


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