NATURAL RESOURCE ENDOWMENT, THE STATE AND DEVELOPMENT STRATEGY
โ Scribed by RICHARD M. AUTY
- Publisher
- John Wiley and Sons
- Year
- 1997
- Tongue
- English
- Weight
- 173 KB
- Volume
- 9
- Category
- Article
- ISSN
- 0954-1748
No coin nor oath required. For personal study only.
โฆ 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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