This publication demonstrates that natural resources can contribute to growth, employment, exports and fiscal revenues in low-income countries, where natural capital constitutes a quarter of total wealth. It highlights the importance of policies encouraging the sustainable management of these resources. Moreover, it emphasises the need to address the political challenges of natural-resource management for long-term pro-poor economic growth. Part I provides an overview of the economics and politics of natural resources. It describes the unique features of natural resources and resulting management challenges, the role of sustainable natural resource management in supporting pro-poor growth, and the politics and governance of natural resources. It then offers recommendations for policy makers on how to support the approaches advocated in the paper. Part II examines these issues with respect to seven specific natural-resource sectors: fisheries, forests, wildlife and ecotourism, soil productivity, water security, minerals and renewable energy.
Table of contents:
Preface Natural Resources and Pro-Poor Growth: The Economics and Politics PART 1. OVERVIEW OF KEY ISSUES Chapter 1. Introduction Chapter 2. Some Unique Features of Natural Resources Chapter 3. The Economics of Sustainable Natural Resources Management Chapter 4. Politics of Natural Resources Chapter 5. Conclusions and Recommendations for Policy Makers PART II. KEY NATIONAL RESOURCES FOR PRO-POOR GROWTH Chapter 6. Fisheries for Pro-Poor Growth Chapter 7. Forestry for Pro-Poor Growth Chapter 8. Wildlife and Nature-Based Tourism for Pro-Poor Growth Chapter 9. Soil Productivity and Pro-Poor Growth Chapter 10. Water Security and Pro-Poor Growth Chapter 11. Minerals and Pro-Poor Growth Chapter 12. Renewable Energy and Pro-Poor Growth Bibliography