Gas is an important natural resource.

Indeed, today there are two Latin Americas natural resource rich South America and natural resource poor Central America and Mexico.

Water is a natural resource of vital importance.

These countries, like Norway, were winners in the natural resource lottery.

And, despite Africa s huge natural resource deposits, heavy manufacturing remains elusive.

(g) To protect our natural resource base in support of development.

Second, natural resource prices are volatile, and managing this volatility is hard.

Witness the mess that other countries made of their natural resource endowments.

Or how the exploitation of Africa s natural resource benefits only banks and multinationals!

It recently found a new source of wealth, natural gas, but may become yet another victim of the so called natural resource curse.

Of course, natural resource companies will push back, emphasize the sanctity of contracts, and threaten to leave.

Of course, natural resource companies will push back, emphasize the sanctity of contracts, and threaten to leave.

Every day Dubai style skyscrapers are thrown up on the back of the republic's burgeoning natural resource wealth.

For example, measurements of GDP currently neglect the costs of natural resource replacement, pollution, and the destruction of biodiversity.

If Russia remains dependent on a natural resource economy, it will again become a colossus with feet of clay.

After all, the state determines the supply of fiat money and is responsible for energy and natural resource conservation.

Indeed, Australia is one of the few commodity based economies that has not suffered from the natural resource curse.

But these Rentiers have not been able to translate the rents of their natural resource wealth into sustained economic growth.

Many free market ideologues ridicule the idea that natural resource constraints will now cause a significant slowdown in global growth.

We have forgotten our ingenious ways of life where every natural resource such as water, was used and not abused.

The Resource Curse

Asia s Resource Scramble

Domestic resource mobilization

The time has come for a better understanding of the connection between environmental and natural resource risk and sovereign credit risk.

The intensifying competition over natural resources among Asian countries is shaping resource geopolitics, including the construction of oil and gas pipelines.

Among current United Nations members, countries with large natural resource endowments are also more likely to have a non democratic regime.

In broad terms, these circumstances involve growing markets in certain classes of goods and services (natural resource intensive products), concomitant with absent markets and collective policies for natural capital (ecosystem services).

Countries that integrate into dynamic world markets for manufactures and services perform better than those that specialize in natural resource intensive sectors.

They lie in the realm of optimal pricing and marketing mechanisms, regulation of monopolies, natural resource management, public goods provision, and finance.

Resource records of the same type define a resource record set (RRset).

The Resource Curse Revisited

At the same time, it is increasingly obvious that any reform of risk models must factor in environmental implications and natural resource scarcity.

Indeed, one reason for the so called natural resource curse the fact that resource rich countries do not, on average, do as well as resource poor countries is the prevalence of corruption, too often aided and abetted by companies that would like to get the resources they sell at discount prices.

From Resource Curse to Blessing

Oil is a finite resource.

While natural resource wealth should make it easier to create a more equalitarian society, countries with more resources, on average, are marked by greater inequality.

Yet another scheme would deploy royalties for natural resource extraction from the global commons, such as Antarctica and other areas beyond exclusive national economic zones.

Coal and natural gas are natural fuels.

It is likely that growing natural resource scarcities are driving a paradigm shift, with potentially profound implications for economies and thus for sovereign debt risk worldwide.

A REDD agency will be charged with treating rain forests as a natural resource that is to be preserved and restored rather than exploited and destroyed.

It's amazing, when you meet a head of state and you say, What is your most precious natural resource? they will not say children at first.

He will find some way to distribute a token amount of the natural resource wealth to the public, such as ordering a price cap on gasoline.

Leaders time is a scarce resource.

This is all natural. This is all natural.

The strong trade, financial, and natural resource related interconnections that have developed in the world economy turn many otherwise small countries, or problems, into global systemic risks.