Wright,G. and Czelusta,J.(2003): Mineral resources and economic development. 37p.

『鉱物資源と経済発展』

Wright,G. and Czelusta,J.(2004): Mineral resources and economic development. 39p.
http://www.stanford.edu/group/siepr/cgi-bin/siepr/?q=system/files/shared/pubs/papers/pdf/SCID209.pdf


Abstract
 Recent studies assert that natural resource abundance (particularly minerals) has adverse consequences for economic growth. This paper subjects this “resource curse” hypothesis to critical scrutiny. Our central point is that it is inappropriate to equate development of mineral resources with terms such as “windfalls” and “blooms.” Contrary to the view of mineral production as mere depletion of a fixed natural “endowment,” we show that so-called “nonrenewable” resources have been progressively extended through exploration, technological progress, and advances in appropriate (often country-specific) knowledge. Indeed, minerals constitute a high-tech knowledge industry in many countries. Investment in such knowledge should be seen as a legitimate component of a forward-looking economic development program.』

(Introduction)
Historical background: The United States as a resource-based economy
 The endogeneity of American mineral resources
 The case of copper
Resource-rich underachievers
The rise of petroleum: Causes and implications
 Oil and economic development
 The case of Norway
 The case of Venezuela
Minerals and economic development: Modern success stories in Latin America
 Chile
 Peru
 Brazil
Australia
The development potential of minerals
Conclusion
References


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