This paper discusses challenges and policy options for sustainable natural resource management in the context of increasing commodity price volatility for developing countries. We first examine the complications that increasing commodity price volatility creates at each of the three stages of the natural resource management chain. We then discuss policy options that have been adopted by individual countries to resolve the complications created by increasing commodity price volatility.
机构:
Simon Fraser Univ, Burnaby, BC V5A 1S6, Canada
NBER, Cambridge, MA 02138 USASimon Fraser Univ, Burnaby, BC V5A 1S6, Canada
Jacks, David S.
O'Rourke, Kevin H.
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机构:
NBER, Cambridge, MA 02138 USA
Trinity Coll Dublin, Dublin, IrelandSimon Fraser Univ, Burnaby, BC V5A 1S6, Canada
O'Rourke, Kevin H.
Williamson, Jeffrey G.
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h-index: 0
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NBER, Cambridge, MA 02138 USA
Harvard Univ, Cambridge, MA 02138 USA
Univ Wisconsin, Madison, WI 53706 USASimon Fraser Univ, Burnaby, BC V5A 1S6, Canada
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Univ Manchester, Manchester M13 9PL, Lancs, England
Ctr Growth & Business Cycle Res, Manchester, Lancs, EnglandUniv Manchester, Manchester M13 9PL, Lancs, England