Economics

Liberty and the Exploitation of Natural Resources

ABSTRACT

This conference explored the role of non-renewable natural resources in economic development and the consequences such exploitation may have for freedom in Brazil.

READING LIST

Conference Readings

Corden, W. Max and J. Peter Neary. “Booming Sector and De-Industrialisation in a Small Open Economy.” The Economic Journal 92, no. 368 (December 1982): 825-848.

DiJohn, Jonathan. From Windfall to Curse? Oil and Industrialization in Venezuela, 1920 to the Present. University Park: The Pennsylvania State University, 2009.

Hartwick, John M. “Intergenerational Equity and the Investing of Rents from Exhaustible Resources.” The American Economic Review 67, no. 5 (December 1977): 972-974.

Hotelling, Harold. “The Economics of Exhaustible Resources.” The Journal of Political Economy 39, no. 2 (April 1931): 137-175.

Karl, Terry Lynn, “Ensuring Fairness. The Case for a Transparent Fiscal Social Contract” In Escaping the Resource Curse, edited by M. Humphreys, J. D. Sachs and J. E. Stiglitz, 257-285. New York: Columbia University Press, 2007.

Krueger, Anne O. “The Political Economy of the Rent-Seeking Society.” American Economic Review 64, no. 3 (June 1974): 291-303.

Listhaug, Ola. “Oil Wealth Dissatisfaction and Political Trust in Norway: A Resource Curse?” West European Politics 28, no. 4 (September 2005): 834-851.

Postali, Fernando Antonio Slaibe. “Petroleum royalties and regional development in Brazil: The economic growth of recipient towns.” Elsevier Ltd., Resources Policy, 34  (2009): 205-213.

Ross, Michael L. “The Political Economy of the Resource Curse.” World Politics 51, no. 2 (January 1999): 297-322.

Ross, Michael L. “Does Oil Hinder Democracy?” World Politics 53 (April 2001): 325-361.

Shaxson, Nicholas. “Oil, corruption and the resource curse.” International Affairs 83, no. 6 (2007): 1123-1140.

Simon, Julian. The Ultimate Resource. Princeton: Princeton University Press, 1983.

Tullock, Gordon. The Selected Works of Gordon Tullock, Volume I: Virginia Political Economy. Edited by Charles K. Rowley. Indianapolis: Liberty Fund, Inc., 2004.