Phenomenon of Plenty: Theory and diagnosis

• Autorzy: Sergey Uzhegov
• Języki publikacji: EN

Abstrakty

EN

Present study theoretically explores and empirically diagnoses the Phenomenon of Plenty - paradox of below-potential economic performance of nations generously endowed with natural resources, focusing on oil-rich CIS members: Russia, Azerbaijan, and Kazakhstan. Extending theoretical structure to proposed Four-Component Process it reports existence of direct de-servisation finding previously overlooked cause of oil paradox - downturn of non-tradable sector long-time lacking production forces. Application of elaborated 5-Sign Algorithm for Diagnosis of the Phenomenon of Plenty elicits its presence across evaluated nations.(original abstract)

Słowa kluczowe

EN

Oil; Economic development; Natural resources

PL

Ropa naftowa; Rozwój gospodarczy; Zasoby naturalne

• Czasopismo: Perspectives of Innovations, Economics and Business
• Rocznik: 2011
• Tom: 9
• Numer: nr 3
• Strony: 23--29

Twórcy

autor

Sergey Uzhegov

• University of Sorbonne, France

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