1st Edition
Fiscal Policy and the Natural Resources Curse How to Escape from the Poverty Trap
Contents
List of Figures
List of Tables
Preface
List of Abbreviations
- Introduction
- The way forward: how do ‘inclusive’ alliances happen?
- The fiscal politics of mineral development in Ghana
- Zambia: democratization without a ‘social dividend’?
- Bolivia: a ‘hybrid’ political economy?
- The politics of inclusive fiscal policy
- Conclusion: How can mineral-rich countries create ‘developmental states’?
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
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’
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
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
1. The basic story
2. Drivers of tax revenue, competitiveness and poverty trends
3. Testing the model
4. Conclusions
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
Biography
Paul Mosley is a development economist with strong interests in politics and the welfare state. He has held professorial chairs at the universities of Manchester and Reading, and is currently Professor of Economics at the University of Sheffield, UK.






