Andean States and the Resource Curse: Institutional Change in Extractive Economies

This book explores institutional change and performance in the resource-rich Andean countries during the last resource boom and in the early post-boom years. It argues that institutional change and performance depend on a larger set of factors than those generally identified by the resource curse literature, such as ideological positions of decision-makers, international pressure, or informal practices. It will be of interest to students and scholars of the extractive industries, natural resource management, political economics, Latin American studies, and sustainable development.

Format: Paperback / softback
Length: 276 pages
Publication date: 25 September 2023
Publisher: Taylor & Francis Ltd

The resource-rich Andean countries have experienced significant institutional change and performance during the last resource boom and the early post-boom years. The global commodity boom has brought economic growth, reduced poverty, and income inequality, but it has also led to the emergence of new institutions that aim to prevent or mitigate the "resource curse." This volume explores these institutional changes in the Andean region to identify the factors that have shaped their emergence and assess their performance.

The chapters in this book adopt an interdisciplinary and comparative perspective to analyze different new institutions introduced in the Andean countries. They discuss their findings in the light of the resource curse approach, arguing that institutional change and performance depend on a broader set of factors than those generally identified by the literature. Domestic and external economic, political, and cultural factors, such as ideological positions of decision-makers, international pressure, and informal practices, have played a significant role in shaping institutional dynamics in the region.

The findings of this book emphasize the importance of nuanced and contextualized analysis to better understand institutional dynamics in the context of extractive economies. It will be of great interest to students and scholars of the extractive industries, natural resource management, political economics, Latin American studies, and sustainable development.

The Open Access version of this book provides access to the research for anyone, anywhere, at any time.

Weight: 453g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032016801