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Book

The Political Economy of Natural Resources and Development

Book

The Political Economy of Natural Resources and Development

DOI link for The Political Economy of Natural Resources and Development

The Political Economy of Natural Resources and Development book

From neoliberalism to resource nationalism

The Political Economy of Natural Resources and Development

DOI link for The Political Economy of Natural Resources and Development

The Political Economy of Natural Resources and Development book

From neoliberalism to resource nationalism
Edited ByPaul A. Haslam, Pablo Heidrich
Edition 1st Edition
First Published 2016
eBook Published 19 February 2016
Pub. Location London
Imprint Routledge
DOI https://doi.org/10.4324/9781315687698
Pages 262
eBook ISBN 9781315687698
Subjects Development Studies, Economics, Finance, Business & Industry, Environment and Sustainability
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Haslam, P.A., & Heidrich, P. (Eds.). (2016). The Political Economy of Natural Resources and Development: From neoliberalism to resource nationalism (1st ed.). Routledge. https://doi.org/10.4324/9781315687698

ABSTRACT

The Political Economy of Resources and Development offers a unique and multidisciplinary perspective on how the commodity boom of the mid-2000s reshaped the model of development throughout Latin America and elsewhere in the developing world. Governments increased taxes and royalties on the resource sector, the nationalization of foreign firms returned to the mainstream economic policy agenda, and public spending on social and developmental goals surged.  These trends, often described as resource nationalism, have developed into a strategy for economic development, generated a re-imagining of the state and its institutional possibilities, and created a new but very significant political risk for extractive enterprises.

However, these innovations, which constitute the most dramatic change in development policy in Latin America since the advent of neoliberalism, have so far received little attention from either academic or policy-oriented publications. This book explores the reasons behind these policies, and their effects on states, firms, and development trajectories. This text brings together renowned thematic experts to examine the political-economic causes of resource nationalism, as well as its manifestation in six Latin American countries. The causal variables considered by the contributors to this collection include a range of political-economic determinants of policy including commodity prices; the influence of ideology and national politics; ideas about industrial policy; relations between host governments and investors; and how countries respond to opportunities provided by regional initiatives and the new geography of the global economy.

This volume is essential reading in development economics, political economy, and Latin American studies, as well as for those who want to understand what economic development means after neoliberalism.

TABLE OF CONTENTS

chapter 1|32 pages

From neoliberalism to resource nationalism: states, firms and development

ByPAUL A. HASLAM, PABLO HEIDRICH

part |2 pages

PART I The Political Economy of Resource Nationalism

chapter 2|18 pages

Trends in minerals, ores and metals prices

BySAMUEL K. GAYI, JANVIER D. NKURUNZIZA

chapter 3|17 pages

Rise of state–firm bargaining in the 2000s

ByVLADO VIVODA

chapter 4|19 pages

The emergence of industrial policy lite: Latin America’s blind spot

ByANIL HIRA

chapter 5|14 pages

The regional context for Latin American resource nationalism

ByPABLO HEIDRICH

chapter 6|16 pages

Natural resource nationalisms and the compensatory state in progressive South America

ByEDUARDO GUDYNAS

part |2 pages

PART II From Limited to Radical Resource Nationalism: The Country-Cases

chapter 7|20 pages

The liberal rarity of South America: oil and mining policy reform in Colombia in the 2000s

ByCARLOS CABALLERO ARGÁEZ AND SEBASTIÁN BITAR

chapter 8|17 pages

Mexico’s new wave of market reforms and its extractive industries

ByJUAN CARLOS MORENO-BRID AND ALICIA PUYANA

chapter 9|16 pages

Resource nationalism and Brazil’s post-neoliberal strategy

ByJEWELLORD NEM SINGH AND ELIZA MASSI

chapter 10|17 pages

Mining policies in Humala’s Peru: a patchwork of improvised nationalism and corporate interests

ByJAVIER ARELLANO-YANGUAS

chapter 11|13 pages

Resource nationalism in the plurinational state of Bolivia

ByLORENZO PELLEGRINI

chapter 12|17 pages

Resource nationalism and the Bolivarian revolution in Venezuela

ByDANIEL HELLINGER

part |2 pages

Conclusion

chapter 13|13 pages

Towards a theory of resource nationalisms

ByPAUL A. HASLAM, PABLO HEIDRICH
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