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Resource-Based Industrialization : Sowing the Oil in Eight Developing Countries by R. M. Auty (1990, Hardcover)
Better World Books West (376447)
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About this product
Product Identifiers
PublisherOxford University Press, Incorporated
ISBN-100198232993
ISBN-139780198232995
eBay Product ID (ePID)1418997
Product Key Features
Number of Pages304 Pages
LanguageEnglish
Publication NameResource-Based Industrialization : Sowing the Oil in Eight Developing Countries
SubjectPetroleum, Linguistics / General
Publication Year1990
TypeTextbook
AuthorR. M. Auty
Subject AreaTechnology & Engineering, Language Arts & Disciplines
FormatHardcover
Dimensions
Item Height0.9 in
Item Weight22.9 Oz
Item Length9.5 in
Item Width6.5 in
Additional Product Features
Intended AudienceScholarly & Professional
LCCN89-026571
Dewey Edition20
IllustratedYes
Dewey Decimal338.2/7282/091724
SynopsisThis book is the first cross-country analysis of resource-based industrialization (RBI), a controversial industrialization strategy favored by developing countries in the 1970s. It examines the expectations and the actual experience of RBI in the oil-exporting countries Bahrain, Cameroon, Indonesia, Malaysia, Nigeria, Saudi Arabia, Trinidad and Tobago, and Venezuela. Auty shows that these countries underestimated the risks associated with RBI's large capital-intensive projects and that many RBI plants were poorly implemented and became uncompetitive when prices fell below forecast levels. However, Auty argues, given its long gestation period and link to volatile energy markets, RBI does have considerable long-term potential provided conditions of financial restructuring and macro- and micro-economic efficiency are met. Scholars and students in development economics, and advisers and consultants in and to developing-country governments will find this important analysis covers a variety of country sizes and efficiency constraints, offering a broad range of examples of RBI.
LC Classification NumberHD9578.D44A87 1990
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