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008			181114r20192018enka fob 001|0|eng|d
020			_a9780191867330 (ebook) : _cNo price
040			_aStDuBDS _beng _cStDuBDS _erda _epn
050		4	_aHD75
082	0	4	_a338.9 _223
100	1		_aAuty, R. M. _q(Richard M.), _eauthor.
245	1	4	_aThe rent curse : _bnatural resources, policy choice, and economic development / _cRichard M. Auty and Haydn I. Furlonge.
250			_aFirst edition.
264		1	_aOxford : _bOxford University Press, _c2019.
300			_a1 online resource : _billustrations (black and white).
336			_atext _2rdacontent
336			_astill image _2rdacontent
337			_acomputer _2rdamedia
338			_aonline resource _2rdacarrier
490	1		_aOxford scholarship online
500			_aThis edition previously issued in print: 2018.
504			_aIncludes bibliographical references and index.
520	8		_aThe resource curse is a variant of a wider rent curse that can also be driven by geopolitical rent, regulatory rent, and labour rent. Total rent can therefore be from one-tenth to two-fifths of GDP and sometimes more. Rent is detached from the activity that generates it and is up for grabs so it feeds contents for its capture and its deployment can radically impact the development trajectory for better or worse, all too often for worse. This text studies two rent driven models to suggest that low rent incentivises the elite to grow the economy efficiently, whereas high rent encourages rent siphoning for immediate enrichment at the expense of long-term growth.
521			_aSpecialized.
588			_aDescription based on online resource; title from home page (viewed on January 9, 2019).
650		0	_aResource curse.
650		0	_aRent (Economic theory)
650		0	_aNatural resources.
650		0	_aEconomic development.
700	1		_aFurlonge, Haydn I., _eauthor.
776	0	8	_iPrint version : _z9780198828860
830		0	_aOxford scholarship online.
856	4	0	_3Oxford scholarship online _uhttp://dx.doi.org/10.1093/oso/9780198828860.001.0001
942			_cOXFORD
999			_c157598 _d157598