{"product_id":"natural-resources-and-economic-growth-marc-badia-mirze-9781138339620","title":"Natural Resources and Economic Growth: Learning from History","description":"\u003cp\u003eThe relationship between natural capital and economic growth is an open debate in the　　 field of economic development. Is an abundance of natural resources a blessing or a curse for economic performance? The field of Economic History offers an excellent vantage to explore the relevance of institutions, technical progress and supply-demand drivers. \u003c\/p\u003e \u003cp\u003e\u003ci\u003eNatural Resources and Economic Growth \u003c\/i\u003econtains theoretical and empirical articles by leading scholars who have studied this subject in different historical periods from the 19\u003csup\u003eth\u003c\/sup\u003e century to the present day and in different parts of the world. Part I presents the theoretical issues and discusses the meaning of the \"curse\" and the relevance of the historical perspective. Part II captures the diversity of experiences, presenting thirteen independent case studies based on historical results from North and South America, Africa, Asia, Oceania and Europe.\u003c\/p\u003e \u003cp\u003eThis book emphasizes that an abundance of natural resources is not a fixed situation. It is a process that reacts to changes in the structure of commodity prices and factor endowments, and progress requires capital, labour, technical change and appropriate institutional arrangements. This abundance is not a given, but is part of the evolution of the economic system. History shows that institutional quality is the key factor to deal with abundant natural resources and, especially, with the rents derived from their use and exploitation.\u003c\/p\u003e \u003cp\u003eThis wide ranging volume will be of great relevance to all those with an interest in economic history, development, economic growth, natural resources, world history and institutional economics.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Marc Badia-Miró\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1138339628\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781138339620\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Routledge\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 08\/06\/2018\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 374\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.22lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.21h x 6.14w x 0.81d","brand":"Marc Badia-Miró","offers":[{"title":"Paperback","offer_id":47244077072639,"sku":"9781138339620","price":61.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_bd77aa9f-1c62-48ff-862b-a60341c5e8df.jpg?v=1758134878","url":"https:\/\/www.whiterainbookhouse.com\/products\/natural-resources-and-economic-growth-marc-badia-mirze-9781138339620","provider":"WR Book House","version":"1.0","type":"link"}