Natural Resource Rents, Institutional Quality, and Environmental Degradation in Resource-Rich Sub-Saharan African Countries

Determinants of Institutional Quality in Sub-Saharan African Countries

Institutional Quality, Natural Resource Rent, and Shadow Economy

Natural resource rent affects countries’ economies through various channels. Revenues from the natural resources sales are expected to boost countries' economic growth, but the economic experience of recent decades reveals the numerous economic problems in these countries, the most important of which may be the increase in the shadow economy size. Moreover, the institutions specify the signific...

Effect of financial development and institutional quality on the environmental degradation in developed and developing countries

Environmental pollutants have become a dreadful problem and burning issues for the present world irrespective of a country who is responsible for it. The objective of the study is to investigate impact of financial development and institutional quality on environmental degradation. The study is based on panel data for developing and developed countries over the time of 1996-2016. For the empiri...

Transformational Change in Environmental and Natural Resource Management

It is widely agreed the Anthropocene has seen an unprecedented decline in the natural resources conditions that have underpinned the economic growth of the last few hundred years. As communities, we have not responded to Boulding’s vision of ‘the coming space ship earth’ although not for want of much official and private effort. As ‘wicked problems’ the impacts have been often ignored or off lo...

Resource degradation in the African commons: accounting for institutional decay

The development literature has devoted considerable attention to the commons and has ignored the wider economic context of the commons. I develop a model of two kinds of agents (naı̈ve and sophisticated) using two kinds of assets (safe and unsafe) to illustrate the possibility of resource degradation in the commons in the absence of free riding, shirking, and general theft among members of the v...