Natural Resources and Divergence: A Comparison of Andean and Nordic Trajectories

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Is the 'natural resource curse' destiny? Are different ways to link natural resources and economic development? Using two particular regions as case studies, this edited collection examines the divergent development paths of natural resource rich countries over the past two centuries. Bolivia, Chile and Peru are neighbour states with a common history and are globally known by their mining endowments. Norway and Sweden have also a strong common history, and different natural resource endowments (forestry, mining and fishing) are essential to understand their current economic success. By comparing natural resource management in the long run in these two divergent regions, this book can help rethink how developing countries can better take advantage of their natural resource endowments. Specifically, the book examines the interaction between natural resources and different key determinants of long-term development: trade, fiscal policy, sustainability, human capital accumulation and business strategies.

Author(s): Cristián Ducoing, José Peres-Cajías
Series: Palgrave Studies in Economic History
Publisher: Palgrave Macmillan
Year: 2021

Language: English
Pages: 353
City: Cham

Acknowledgements
Praise for Natural Resources and Divergence
Prologue
Contents
Notes on Contributors
List of Figures
List of Tables
1 Introduction
References
2 Globalization and Natural Resource Abundance: Is Export Diversification Possible? A Comparison of Export Composition in Chile and Norway, 1870–2017
1 Introduction
2 Methodology
3 Chile and Norway in the Long Run
4 Chilean and Norwegian Exports in the SITC Classification
5 The Technological Content of Chilean and Norwegian Exports
6 Higher Precision to Understand Complexity Differences in Chile and Norway from the 1990s
7 Conclusions
Bibliography
3 Copper Prices and Heterogeneity: The Chilean and Norwegian Cases, 1850–1913
1 Introduction
2 Global Copper in International Markets
3 International Prices for Copper
4 A New Price for Chilean Copper
5 A New Price for Norwegian Copper
6 Conclusions
Bibliography
4 Successes and Failures of the “Modern Rebellion” in an Export Economy: The Case of the Peruvian Mining in the Twentieth Century
1 Introduction
2 The Formation of an Export Economy
3 Export Cycles in the Twentieth Century
4 Mining Exports
4.1 Mining Modernisation at the Start of the Twentieth Century
4.2 Mining Between the Great Depression and Nationalisation 1930–1970
5 The “Modern Rebellion”
6 Reflections on the Impact of Mining on the Economy as a Whole
References
5 The “Fiscal Contract” in Andean and Nordic Countries, 1850–2010
1 Introduction
2 The Collection of Public Revenues, 1850–2010
3 The Transition from Ancien Régime to Liberal Taxes
4 The Rise and Decline of Trade Taxes
5 Modern Direct Taxation and Fiscal Citizenship
6 From Particularistic to General Consumption Taxes
7 Conclusions
References
6 Population, Biological Welfare and Human Capital in Norway, Sweden, Bolivia, Chile and Peru During the Nineteenth and Twentieth Centuries
1 Introduction
2 Population: General Trends
3 Infant Mortality, Life Expectancy and Height
4 Human Capital: Schooling, Literacy and Numeracy
5 Conclusions
References
7 Engineers and the Knowledge Gap Between Andean and Nordic Countries, 1850–1939
1 Introduction
2 Literacy and Basic Education
3 The Innovative Potential: Engineering Faculties
4 The Innovative Potential: Engineering Graduates
5 Effective Innovation: Patents Systems and Patents Granted
6 The Innovative Capacity: The Stock of Mining Engineers
7 The Innovative Capacity: The Role of Indigenous Engineers in Their Economies
8 Conclusions
Appendix: Foundation of Mining and Engineering Schools from 1700 to 1910
References
8 Oil and Industry in Norway and Brazil
1 Introduction
2 The Pioneering Years
3 Large Areas Are Advertised
4 Poor Explorers or Poor Concessions?
5 Building Local Industrial Capacity
6 The Crises
7 Local Content
8 Rent Seeking
9 Lessons?
References
9 Weak Sustainability Trends in the Andean and Nordic Countries: A Historical Perspective
1 Introduction
2 Methods and Data
3 Genuine Savings as an Alternative Measure of Development
4 Estimating the Long Run Sustainability Trends of Andean and Nordic Countries: The Case of Chile and Sweden
4.1 Chile
4.2 Sweden
4.3 Comparative View
5 A Week Sustainability Analysis for Andean and Nordic Countries
6 Conclusions and Further Research
References
10 Different Drivers Behind Corporate Environmental Policies: The Case of the Swedish and Chilean Copper Industry
1 Introduction
2 The Copper Industry in Sweden and Chile in Context: A Brief Historical Background
3 Copper Production and Environmental Consequences
4 The Greening of Copper: Environmental Regulation and Industry Responses
4.1 Greening from the 1960s–1990s
4.2 1990s—Globalisation and the Greening of the Chilean Copper Industry
5 Concluding Remarks
References
11 Conclusions
1 Exports and Diversification
2 National Firms, Human Capital and the State
3 Linking the Past with the Future: New Development Indicators and Sustainability
4 History Matters. an Agenda for Research on Natural Resources and Development
References
Index