NDLI: Corruption and the Political Economy of Resource-Based Development: A Comparison of Asia and Sub-Saharan Africa

Content Provider	Springer Nature Link
Author	Barbier, Edward B.
Copyright Year	2010
Abstract	We model how the “supply and demand” for bribes affects resource use by an economy, and the reinvestment of resource rents in other assets. This requires adjusting the World Bank’s measure adjusted net savings for any rent dissipation due to corruption. The impacts of corruption on long-run changes and periodic growth in the adjusted net savings rate are estimated across African and Asian economies from 1970 to 2003. Corruption rather than resource dependency per se affects negatively the ability of African countries to reinvest resource rents in the short term, but for Asian countries, corruption is less important than point resources. Corruption influences long-run growth in adjusted net savings rates in all countries, and is also the “pathway” through which this growth is affected by patterns of resource use, trade and abundance.
Starting Page	511
Ending Page	537
Page Count	27
File Format	PDF
ISSN	09246460
Journal	Environmental and Resource Economics
Volume Number	46
Issue Number	4
e-ISSN	15731502
Language	English
Publisher	Springer Netherlands
Publisher Date	2010-04-14
Publisher Place	Dordrecht
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Adjusted net savings Asia Corruption Resource curse Sub-Saharan Africa Environmental Management Economics/Management Science Economic Policy Environmental Law/Policy/Ecojustice Environmental Economics
Content Type	Text
Resource Type	Article
Subject	Economics and Econometrics Management, Monitoring, Policy and Law

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
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4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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