Political Economy of Natural Resources and Development

Name: Political Economy of Natural Resources and Development
Brand: Taylor & Francis

Taylor & Francis

The Political Economy of Natural Resources and DevelopmentFrom neoliberalism to resource nationalism\nAuthor(s): Paul A. Haslam, Pablo Heidrich\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138919730, 978-1138919730\nSynopsis\nThe 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 extractiv.