Download PDF by Ramona Blietz: Feasibility Study of Natural Resource Management Strategies

By Ramona Blietz

Seminar paper from the 12 months 2014 within the topic enterprise economics - monetary coverage, grade: 1,3, Berlin college of Economics and legislation (IMB), language: English, summary: whilst evaluating the industrial improvement of resource-poor and resource-rich nations, it sort of feels fairly superb that almost all of resource-abundant international locations practice worse than resource-poor nations. a large number of educational learn has been performed in this strange phenomenon and it used to be given the identify ‘Resource Curse’. the speculation states that there's an inverse dating among a country’s average source endowment and its financial improvement.

In this learn, international locations that experience, in line with the overall educational consensus, regardless of their resource-abundance had a wealthy financial improvement and hence supposedly controlled their ordinary assets well.

The United Arab Emirates (UAE) and Norway are usually mentioned examples of the way to prevent or break out the usual source curse. however the query is what their key administration innovations are and even if these should be transferred to and applied in different resource-abundant international locations who suffer from the source Curse?

In order to discover solutions to those questions, after reading the UAE and Norway, either nations can be in comparison to Nigeria, recognized to have loads of problems with its ordinary source wealth and as a result struggles economically.

The total goal is to examine other ways of facing normal assets successfully and look at even if Nigeria might be able to break out the source Curse by means of adopting a few of these suggestions utilized by Norway or the UAE.

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Feasibility Study of Natural Resource Management Strategies for Nigeria based on Selected Country Cases of the United Arab Emirates and Norway by Ramona Blietz

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