Exempel på natural resources

• Until the 1970s, economists in general had a favourable view of abundant natural resources.

• This situation produces incentives to overexploit such natural resources, which differ from other forms of capital that presumably have well-defined property rights.

• However, natural resources are most often allocated inefficiently and externalities are not fully corrected.

• Many poor people, particularly in developing countries, rely on natural resources for their livelihood, and these people are very vulnerable to deterioration in the resource.

• In this context, expanding and implementing national accounts systems that consider natural resources as just another form of capital appear as a necessary way forward.

• This situation produces incentives to overexploit such natural resources, which differs from other forms of capital that presumably have well-defined property rights.

• Furthermore, as part of the household survey the household management of natural resources was assessed.

• In other words, the state should retain ownership of the natural resources, while devolving the power to manage and control the resource to the stakeholders.

• A country's extraction of natural resources is likely to be a function of numerous factors besides a country's extent of indebtedness.

• This is the case for natural resources in all of our samples.

• When property rights for natural resources do not exist or are not enforced, overexploitation often occurs.

• We group households into those that receive income from natural resources and those that do not.

• One reason is that there are many natural resources, not one; and this alone would make the putative theory incoherent.

• As the natural regenerative rate of such resources is zero, they can be regarded as a limiting case of renewable natural resources.

• A complete trade reform can be seen as inducing the economy to increase its investment in natural resources.