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Diversified development : Making the most of natural resources in Eurasia

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Frame of Image provements in efficiency
o Since 2008, the region has been adding more to its built capital than it is depleting its natural resources o But will this progress endure? o This is the question we asked; the answer is a conditional yes.
Eurasia—a resource rich region
Box Figure 2. The six resource rich economies of Eurasia (natural resources per capita, Russian Federation = 1, 2005)
Bahrain Oman Li by a New Zealand T rinidad and Tobago T urkmenistan Russian Federation Kazakhstan United Arab Emirates Norway Saudi Arabia Kuwait Brunei Darussalam
Azer baijan
Uzbeki stan
Ukraine 0 1 2 3 4 5 6 7
Note: Relative figures: Russian Federation = 1. Source: World Bank staff calculations, based on World Bank (2011); see chapter 4.
Three dozen countries—one moral
Figure 1. Three dozen countries, three ways to integrate and grow (export product share, by factor intensity)
Eurasia 2010-11
EU12 2000-01
East Asia 1990-91
Resource intensive (72%)
Capital intensive (59%)
Labor intensive (48%)
Note: Factor intensity is measured with the export data classified by SITC Revision 1. The modified version of commodity classification by Krause (1987) is used. Resource intensive includes products related to hydrocarbon and minerals only. Goods related to agriculture are contained in labor intensive (unskilled labor intensive). Here, capital intensive is represented by both technology intensive and human capital intensive. Source: World Bank staff calculations, based on United Nations Comtrade; see chapter 1


Full Text
Title Diversified development
Similar Titles
Sub Title

Making the most of natural resources in Eurasia

Project Category Capacity Building Workshops
Material Type Proceedings
Author(English)

Gill, Indermit

Publisher

[Seoul]:KDI School of Public Policy and Management

Date 2014
Event

Frontiers in Development Policy

Project Capacity Building Workshops
Pages 37
Subject Country Central Asia(Asia and Pacific)
Europe(Europe)
Language English
File Type Documents
Original Format pdf
Subject Economy < Financial Policy
Government and Law < Governance
Holding KDI School of Public Policy and Management
Program Type Conference