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| {{About|countries whose income comes mainly from natural resources| use of the term as an economic theory |The Venus Project#Resource-based economy{{!}}The Venus Project}} | |||
| A '''resource-based economy''' is the economy of a country whose ] or ] to a large extent comes from ].<ref>{{cite book |last= Twaddell|first=Hannah |authorlink=Hannah Twaddell |year=2007 |title=Best practices to enhance the transportation-land use connection in the rural United States |edition= |url=http://books.google.ie/books?id=CcYVZMR2XSMC&pg=PA26&dq=%22definition%22+%22resource+based+economy%22&hl=en&sa=X&ei=0SZfT8nULIrNhAee8oHKBw&ved=0CF0Q6AEwBw#v=onepage&q=%22definition%22%20%22resource%20based%20economy%22&f=false|accessdate=2012-03-13}} p.26</ref> | A '''resource-based economy''' is the economy of a country whose ] or ] to a large extent comes from ].<ref>{{cite book |last= Twaddell|first=Hannah |authorlink=Hannah Twaddell |year=2007 |title=Best practices to enhance the transportation-land use connection in the rural United States |edition= |url=http://books.google.ie/books?id=CcYVZMR2XSMC&pg=PA26&dq=%22definition%22+%22resource+based+economy%22&hl=en&sa=X&ei=0SZfT8nULIrNhAee8oHKBw&ved=0CF0Q6AEwBw#v=onepage&q=%22definition%22%20%22resource%20based%20economy%22&f=false|accessdate=2012-03-13}} p.26</ref> | ||
Revision as of 14:49, 30 December 2013
A resource-based economy is the economy of a country whose gross national product or gross domestic product to a large extent comes from natural resources.
For example:
- Suriname's exports of bauxite account for more than 15% of GDP and 70% of export earnings.
- Of Russian exports, more than 80% are oil, natural gas, metals and timber.
- Norway's export of oil and gas forms 45% of total exports and more than 20% of the GDP.
- Australia developed aspects of a resource-based economy in the later twentieth century, while retaining a foundation in agricultural exports, and latterly minerals.
References
- Twaddell, Hannah (2007). Best practices to enhance the transportation-land use connection in the rural United States. Retrieved 2012-03-13. p.26
- CIA - World Factbook Suriname
- Ellman, Michael (2006). Russia's oil and natural gas: bonanza or curse?. Retrieved 2012-03-13. p.191
- OECD Environmental Performance Reviews OECD Environmental Performance Reviews: Norway 2011. 2011. Retrieved 2012-03-13. p.60
- http://lockthegate.org.au/documents/doc-301-minerals-boom---australia-s-resources-curse.pdf retrieval June-1-2012
- http://www.tandfonline.com/doi/abs/10.1080/08941929209380790 retrieve June-1-2012
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