Can communist economies transform incrementally?: China's experience
In: Policy research working papers 1189
In: Transition and macro-adjustment
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In: Policy research working papers 1189
In: Transition and macro-adjustment
In: Discussion Paper
In: Report, DRD 133
World Affairs Online
In: Discussion paper / International Bank for Reconstruction and Development, Development Research Department, 135
World Affairs Online
In: World Bank staff working papers 475
World Affairs Online
An abundance of natural resources might seem like something any nation would want to be blessed with. But in some countries, a bounty of energy, minerals and other resources can become as much a curse as a blessing. The difference between whether resources benefit a country's people, or lead to adversity and even suffering, has everything to do with how a country manages its resources. It is the difference between a resource-rich, free and democratically accountable country, such as Canada, and a resourcerich, corrupt, violent and impoverished country, such as the Democratic Republic of Congo. In many resource-rich countries, the effect of ample natural wealth has been to sever the accountability link between citizens and government, slowing or even reversing democratic and social progress, while mostly enriching a few politically favoured constituencies. Canada's plentiful resources are an indisputable blessing, and those critics of federal industrial policy who compare this country to illiberal and corrupt "petro-states" are being either ignorant or deceitful. There are numerous critical factors at work here that ensure that the Canadian public benefits, rather than suffers, from our natural endowments. We have a diversity of resources, as opposed to being reliant on a single commodity, and our natural-resource sector makes up only a small portion of our larger economy. We have well-established and diligently enforced standards for financial transparency and accountability, in both the private and public sectors. But, just as importantly, there is a national consensus in Canada that public wealth amassed from resource rents should be invested in strengthening human capital, through education, training and social services, as well as in improved infrastructure and better governance, eventually parlaying natural-resource wealth into a yet larger, further-diversified economy. But Canada — and especially resource-rich provinces, such as Alberta — cannot take these factors for granted. A combination of complacency and natural wealth has the potential to turn a blessing into a curse. Even once reasonably democratic and accountable countries, such as Venezuela, have been caught unprepared on the dangerous double edge of a resource boom and have seen their governance systems substantially eroded. Developing the fiscal capacity to withstand commodity-market shocks, creating effective and durable checks and balances on systems of legislative power, enforcing transparency in budgeting and public-investment management, and maximizing tax efficiencies and tax administration, are all areas where Canadians can and should focus their efforts. These are the fundamental safeguards that will ensure our ample natural resources continue to be seen by our citizens as a blessing and not — as is the unfortunate case in so many other countries — a curse.
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In: The School of Public Policy Publications, Band 7, Heft 2
SSRN
In: Center for Global Development Working Paper No. 221
SSRN
In: Center for Global Development Working Paper No. 227
SSRN
Working paper
In: Journal of international development: the journal of the Development Studies Association, Band 9, Heft 4, S. 449-458
ISSN: 1099-1328
In: NBER macroeconomics annual, Band 6, S. 259-262
ISSN: 1537-2642
In: IDS bulletin: transforming development knowledge, Band 17, Heft 4, S. 1-8
ISSN: 1759-5436
In: Development Southern Africa, Band 1, Heft 3-4, S. 386-409
ISSN: 1470-3637
In: Review of policy research, Band 36, Heft 3, S. 318-340
ISSN: 1541-1338
AbstractElections have emerged as a leading area for the application of biometric technology in developing countries, despite its high costs and uncertainty over its effectiveness. Why then do countries pursue such programs, often with the support of donors? The paper considers the costs and benefits of technology, where the latter involves its potential to reduce the probability of seriously disputed elections that escalate into violence. Based on the limited data available, it finds that a reduction in the probability of postelection violence by only a few percentage points could offset the cost of the technology. However, this is far from assured; we argue that biometric technology can only contribute to less disputed and less violent elections in particular settings, those where democracy is not yet well institutionalized but where political parties value the legitimacy conferred by elections that are sufficiently credible for their results to be accepted. One priority is therefore to screen potential cases carefully, before investing in costly programs that have a low probability of success. Another step toward using technology more effectively to underpin sustainable elections would be to build on voter registration drives to strengthen permanent identification assets such as civil registration and national ID programs that can serve as the basis for the voter roll.
In: Center for Global Development Working Paper No. 435
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Working paper