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What conditions may foster an industrial development strategy based on extractive industries?

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Mancini, Lorenzo and Paz Antolín, María José (2016) What conditions may foster an industrial development strategy based on extractive industries? The Extractive Industries and Society, 3 (3). pp. 864-874. ISSN 2214-790X

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Official URL: https://doi.org/10.1016/j.exis.2016.05.005



Abstract

Our work provides a selective survey of the literature on the relation between natural resources and industrialization, with a focus on extractive industries. The paper consists of three sections. First, it discusses the main problems identified by the scholars in relation to the abundance of natural resources with especial focus on extractive industries. Second, it addresses two dimensions of the nexus between natural resources and industrial development: a fiscal one and a productive one. Third, it critically examines the two dimensions in order to find the conditions needed to set up a strategy of industrial development applicable to the extractive industries. Then, it briefly discusses some relevant issues partially neglected in early literature, and then suggests insights for further research.


Item Type:Article
Uncontrolled Keywords:Industrialization; Extractive industries; Economic development; Dutch disease; Resource curse
Subjects:Social sciences > Economics > Economic development
Social sciences > Economics > Industrial organization
ID Code:55388
Deposited On:22 May 2019 12:59
Last Modified:02 Aug 2019 10:39

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