The Political Economy of Natural Resource Funds 1st Edition by Eyene Okpanachi, Reeta Chowdhari Tremblay ISBN 3030782514 9783030782511

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Product details:

ISBN 10: 3030782514
ISBN 13: 9783030782511
Author: Eyene Okpanachi, Reeta Chowdhari Tremblay

This book aims to foster a better understanding of the particular challenges faced by resource-dependent countries or jurisdictions in managing their resource revenues through natural resource funds (NRFs). It explores the varieties of natural resource management strategies as dictated primarily by domestic politics, and how the potential negative distributional consequences of resource wealth management (the resource curse) may add political dimensions and potential conflicts to decisions about NRFs in ways that other sovereign wealth funds (SWFs) do not experience. By bridging the existing academic and practical knowledge gap arising from the limited attention given to the domestic politics of NRFs and state-society relations, this edited book is a valuable resource for academics, policymakers, and civil society actors in resource-driven economies and especially those interested in learning from comparative experiences of natural resource wealth management through NRFs.

The Political Economy of Natural Resource Funds 1st Table of contents:

1. Introduction: The Political Economy of Natural Resource Funds (NRFs)
2. The Alaska Permanent Fund and the Alberta Heritage Savings Trust Fund: Divergent Paths, Divergent Outcomes
3. The Entanglements of Natural Resource Funds: Fundo Soberano de Angola and Domestic Political Interests
4. Botswana’s Natural Resource Fund (The Pula Fund)
5. Chile: A Successful Story in Latin America?
6. Saving Today’s Bread for Tomorrow’s Consumption? The Politics of Trade-offs in the Governance of Ghana’s Petroleum Funds
7. To Save or Not to Save: State Governments and the Construction of Privilege Over the Creation of Oil Funds in Nigeria
8. A Less Than Sovereign Wealth Fund: Norway’s Government Pension Fund, Global
9. Old Fund, New Mandate: Saudi Arabia’s Public Investment Fund (PIF)
10. The Timor-Leste Petroleum Fund: From Buying Peace to White Elephants
11. Practices and Models: Prospects for Commodity-Based SWFs
12. Correction to: The Political Economy of Natural Resource Funds

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