Yes / Extractive economies can use the natural resource dividend for
infrastructure and sustainable development. However, the reality
of achieving this is far more complex than one might expect. This
paper aims to present some fresh analysis of data of extractive
economies to answer three main questions: a. how are extractive
economies performing with regard to providing basic services
such as health, education, water and sanitation; b. are there
patterns of success; and c. what are the implications for policy
and action especially in the context of the proposed sustainable
development goals. The first issue of course is to define the
category extractive economy. Using a new methodology, this
paper focuses on the top 40 oil economies, top 41 gas economies
and 56 mineral economies. Because some countries do have all
three or two of these three natural resources, the overall dataset
is of 91 countries covering both developed and developing
economies and in all continents. Data pertaining to years 2002 to
2012 is analysed here. While some results are perhaps as may be
expected, there are several disturbing findings as well. Extractive
economies are among some of the poorly performing countries
on indicators highly relevant to prosed SDGs on poverty, health,
water and sanitation, and energy. This highlights the need for a
strategic focus and developing appropriate mechanisms to use
the natural resource dividend to make lasting transformation of
social and economic well-being.
| Identifer | oai:union.ndltd.org:BRADFORD/oai:bradscholars.brad.ac.uk:10454/10341 |
| Date | January 2014 |
| Creators | Anand, Prathivadi B. |
| Source Sets | Bradford Scholars |
| Language | English |
| Detected Language | English |
| Type | Report, Published version |
| Rights | (c) 2014 The Author. |
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