Fiscal Policy and the Natural Resources Curse

Contents

List of Figures

List of Tables

Preface

List of Abbreviations







Introduction



The way forward: how do 'inclusive' alliances happen?
1. Analytic framework

2. Case studies of resource-intensive countries:

i. The classic comparison: Nigeria vs. Indonesia revisited

ii. Other 'strategic alliances': Chile, Botswana, Ghana and Bolivia

iii. Other rentier-dominated states: Venezuela and Zambia

3. Summary and conclusion




The fiscal politics of mineral development in Ghana
1. Introduction: political settlements and their economic consequences prior to the 1980s

2. Transformation of the tax structure: political and economic drivers, 1981-2015

3. The politics of public expenditure allocation and poverty in Ghana

4. Mining, technical rigidity and poverty

5. Can Ghana be seen as a 'proto-developmental state'




Zambia: democratization without a 'social dividend'?
1. Introduction

2. The political and economic background to 2006

3. Neoliberalism challenged: the evolution of the political bargain and of tax policy 2006-2015

4. The public finance bargain and welfare outcomes




Bolivia: a 'hybrid' political economy?
1. Introduction

2. The political and economic background to 2003

3. Neoliberalism challenged: the evolution of the political bargain and of tax policy 2005-2014

4. Public expenditure, social policies and poverty

5. Politics, fiscal policy and political stability

6. Summing-up and longer-term challenges for policy

Appendix: Survey results




The politics of inclusive fiscal policy
1. The basic story

2. Drivers of tax revenue, competitiveness and poverty trends

3. Testing the model

4. Conclusions




Conclusion: How can mineral-rich countries create 'developmental states'?

1. The politics of 'developmental states'

2. Export diversification: what distinguishes the successful cases?

3. Concluding thoughts: what can these ideas do for the poorest?



Bibliography

Index