Confronting the Curse is popular PDF and ePub book, written by Cullen S. Hendrix in 2014, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Confronting the Curse can be Read Online from any device for your convenience.
Confronting the Curse Book PDF Summary
The political economy of natural resource wealth poses two interrelated challenges for American foreign policy, both involving governance issues in countries that are abundantly endowed with natural resources. The potentially negative impact of natural resources on development is captured in the phrase "the resource curse". The implications are the greatest for the commodity producers themselves, ranging from complications for macroeconomic management to political authoritarianism and, in the extreme, the precipitation of violent civil conflict. For US policy, the resource curse presents challenges with respect to coping with state failure and associated transborder phenomena. The issues extend to broader geopolitics. Resource abundance confers financial and political power on producers. China's emergence as a major importer and investor in extraction, willing to accommodate authoritarian producers, exacerbates the challenge, potentially undercutting international efforts to encourage greater transparency and improved management of natural resource wealth. This issue is of particular importance for US policy toward Africa
Detail Book of Confronting the Curse PDF
- Author : Cullen S. Hendrix
- Release : 30 September 2024
- Publisher : Peterson Institute for International Economics
- ISBN : 9780881326765
- Genre : Business & Economics
- Total Page : 221 pages
- Language : English
- PDF File Size : 19,7 Mb
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