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The Policy Framework of Natural Resource Management in Oil-Dependence Countries
Economies Pub Date : 2021-02-23 , DOI: 10.3390/economies9010025
Basem Ertimi , Tamat Sarmidi , Norlin Khalid , Mohd Helmi Ali

A variety of critical empirical studies are interested in and focused on complex issues related to natural resource management and resource curse, whilst less can be found combining diverse factors that affect the dynamics of this curse and mitigate it. The case study of Norway is used as the benchmark policy framework in oil-rich countries to invest oil revenues and set correct fiscal policies. In this study, an analytical framework was structured to evaluate the coherence of resource management with sustainability as a starting point, contributing to further assessments of how the adaptation of such policies is incorporated in resource management to mitigate the resource curse. The analysis also suggests that oil-rich countries can learn from Norway’s experience to mitigate this resource curse and utilize oil revenues in the interest of the country. In addition, the analysis helps in effective management and the protection of ecological resources as these are becoming an increasingly important strategic part of natural wealth. This study aimed to provide an overarching framework designed to help conceptualize key issues of natural resource management and the resource curse in oil-rich countries and understand the challenges facing those countries in managing the natural resources.

中文翻译:

石油依赖国家自然资源管理的政策框架

对自然资源管理和资源诅咒相关的复杂问题进行了许多批判性的实证研究,并将重点放在了这些问题上,而将影响这种诅咒动态并减轻它的各种因素结合在一起的研究则很少。挪威的案例研究被用作石油丰富国家的基准政策框架,以投资石油收入并制定正确的财政政策。在本研究中,构建了一个分析框架,以可持续性为起点评估资源管理的一致性,从而有助于进一步评估如何将此类政策的适应性纳入资源管理以减轻资源诅咒。分析还表明,石油资源丰富的国家可以借鉴挪威的经验,以减轻这种资源诅咒,并利用石油收入为国家利益。此外,由于分析已成为自然财富的日益重要的战略组成部分,因此该分析还有助于有效管理和保护生态资源。这项研究旨在提供一个总体框架,旨在帮助概念化自然资源管理的关键问题和富油国家的资源诅咒,并了解这些国家在管理自然资源方面面临的挑战。
更新日期:2021-02-23
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