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| Zhang, Xiaobo; Xing, Li; Fan, Shenggen; Luo, Xiaopeng. |
| Over the past several decades, China has made tremendous progress in market integration and infrastructure development. Demand for natural resources has increased from the booming coastal economies, causing the terms of trade to favor the resource sector, which is predominantly based in the interior regions of the country. However, the gap in economic development level between the coastal and inland regions has widened significantly. In this paper, using a panel data set at the provincial level, we show that Chinese provinces with abundant resources perform worse than their resource-poor counterparts in terms of per capita consumption growth. This trend that resource-poor areas are better off than resource-rich areas is particularly prominent in rural... |
| Tipo: Working or Discussion Paper |
Palavras-chave: China; Regional inequality; Resource curse; Dutch disease; Property rights; Community/Rural/Urban Development; Resource /Energy Economics and Policy. |
| Ano: 2007 |
URL: http://purl.umn.edu/42400 |
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| Breisinger, Clemens; Thurlow, James. |
| Today’s resource boom in Africa, driven by Asian economic growth, offers new opportunities for resource-rich African countries. Contrary to the experience of previous booms, however, most mining profits now accrue to foreign companies, leaving little room for governments to use revenues for pro-poor investments or to mitigate adverse distributional impacts. Taking Zambia as a case study, this paper shows that despite privatization, Dutch disease remains a valid concern and may hamper economic diversification, worsen income distribution, and undermine poverty reduction strategies. Mining royalties must, therefore, be increased and used to finance growth-inducing investments that encourage pro-poor economic diversification, else many African countries will... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Dutch disease; Resource booms; Privatization; Income distribution; Africa; Zambia; International Relations/Trade; Resource /Energy Economics and Policy. |
| Ano: 2008 |
URL: http://purl.umn.edu/42351 |
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