James Cust on Oil Discoveries: Managing Expectations
IMF Podcasts23 Feb 2018

James Cust on Oil Discoveries: Managing Expectations

Major discoveries of oil and gas deposits have always been cause for celebration in developing countries, in anticipation of the potential financial windfall. But research has shown that countries with abundant revenues from natural resources often tend to have less economic growth and more social problems than do non-resource-rich countries. And in this podcast, World Bank economist James Cust says in many cases, economic growth begins to underperform long before the first drop of oil is ever produced. Cust and David Mihalyi of the Natural Resource Governance Institute, coauthored The Presource Curse, published in the December 2017 edition of the IMF's Finance and Development magazine.

James Cust is an economist in the Office of the Chief Economist for Africa at the World Bank and an external research associate at the University of Oxford.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(699)

Pierre-Olivier Gourinchas on the Story Behind the Number

Pierre-Olivier Gourinchas on the Story Behind the Number

Inflation pressures were already brewing when Pierre-Olivier Gourinchas stepped in as IMF Chief Economist in January 2022, but rising geopolitical tensions soon added fuel to the fire, and inflation r...

30 Jun 30min

Pierre-Olivier Gourinchas on the Story Behind the Number

Pierre-Olivier Gourinchas on the Story Behind the Number

Inflation pressures were already brewing when Pierre-Olivier Gourinchas stepped in as IMF Chief Economist in January 2022, but rising geopolitical tensions soon added fuel to the fire, and inflation r...

29 Jun 31min

Jeffry Frieden: The Cost of Geoeconomic Coercion

Jeffry Frieden: The Cost of Geoeconomic Coercion

As geopolitical tensions rise, countries like to flex their economic muscle. But as appealing as they might be, sanctions, tariffs, and export bans come at a price. Jeffry Frieden is a professor of in...

23 Jun 19min

Trade among Geopolitical Rivals: Michele Ruta

Trade among Geopolitical Rivals: Michele Ruta

Increased trade integration between economic superpowers shaped our globalized world, but that world we've known for the past three decades is becoming increasingly fragmented. What happens to those t...

11 Jun 21min

Nationalizations Get Another Look: Nicholas Mulder

Nationalizations Get Another Look: Nicholas Mulder

State-owned enterprises have long been viewed by economists as a bad idea due to proven inefficiencies and mismanagement. But is handing over key resources and industries to the private sector really ...

4 Jun 17min

Gracelin Baskaran on the Race for Minerals

Gracelin Baskaran on the Race for Minerals

The recent scramble for the minerals that go into our electric vehicles, solar panels, and defense systems has exposed vulnerabilities in the supply chains. Mineral markets are complex, spanning dozen...

29 Mai 21min

Geoeconomics Revisited: Josh Lipsky and Matteo Maggiori

Geoeconomics Revisited: Josh Lipsky and Matteo Maggiori

As global powers face rising geopolitical tensions, sanctions, export controls, and tariffs are once again tools of leverage, marking the resurgence of geoeconomics, where economic policy and national...

28 Mai 33min

Barry Eichengreen and Chima Simpson-Bell on Currencies that Shine

Barry Eichengreen and Chima Simpson-Bell on Currencies that Shine

When global volatility increases, so does the demand for the dollar. When countries face sanctions, they rush for gold. But while the two have been the most common reserve currencies for decades, surp...

22 Mai 27min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
e24-podden
lydartikler-fra-aftenposten
rss-penger-polser-og-politikk
rss-pa-konto
pengepodden-2
tid-er-penger-en-podcast-med-peter-warren
utbytte
morgenkaffen-med-finansavisen
rss-borsmorgen-okonominyhetene
liberal-halvtime
finansredaksjonen
livet-pa-veien-med-jan-erik-larssen
rss-skravla-gar
pengesnakk
lederpodden
paretopodden
rss-kron-podden
rss-renters-rente