Escaping the resource curse

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dc.contributor.advisorKim Han Sung-
dc.contributor.authorDAMDINSUREN, OYUNSAIKHAN-
dc.date.accessioned2019-10-21T07:28:45Z-
dc.date.available2019-10-21T07:28:45Z-
dc.date.issued2017-02-
dc.identifier.other23987-
dc.identifier.urihttps://dspace.ajou.ac.kr/handle/2018.oak/18930-
dc.description학위논문(석사)--Ajou univesity, Graduate School of International Studies 국제대학원 :국제통상정책학과,2017. 2-
dc.description.tableofcontentsESCAPING THE RESOURCE CURSE 1 (The Case of Mongolia) 1 CHAPTER 1 1 INTRODUCTION 1 1.1. Background 1 1.2. Statement of problem 6 1.3. Purpose of study 7 1.4. Methodology 8 CHAPTER 2 9 THEORETICAL BACKGROUND 9 2.1. Mineral resource and economic growth 9 2.2. Foreign direct investment and economic growth 12 CHAPTER 3 18 MAJOR MINERAL EXPORTS 18 3.1. Coal export 19 3.2. Copper export 19 3.3. Gold export 21 3.4. Iron ore export 23 CHAPTER 4 25 COMPARATIVE STUDY 25 4.1. The case of Botswana 28 4.2. The case of Norway 29 4.3. The case of Nigeria 30 4.4. The case of Venezuela 32 CHAPTER 5 34 CHANGING THE DIRECTION OF FDI TO THE INDUSTRIAL SECTOR 34 5.1. Wage rates 34 5.2. Labor skills 34 5.3. Tax rates 35 5.4. Transport and infrastructure 35 5.5. Size of economy (Potential for growth) 36 5.6. Political stability (Property rights) 36 5.7. Commodities 36 5.8. Exchange rate 37 5.9. Clustering effects 37 5.10. Access to free trade areas 38 CHAPTER 6 39 CONCLUSION 39 RECOMMENDATIONS: 40 BIBLIOGRAPHY 42-
dc.language.isoeng-
dc.publisherGraduate School of International Studies Ajou University-
dc.rights아주대학교 논문은 저작권에 의해 보호받습니다.-
dc.titleEscaping the resource curse-
dc.typeThesis-
dc.contributor.affiliation아주대학교 국제대학원-
dc.contributor.department국제대학원 국제통상학과-
dc.date.awarded2017. 2-
dc.description.degreeMaster-
dc.identifier.localId770229-
dc.identifier.urlhttp://dcoll.ajou.ac.kr:9080/dcollection/jsp/common/DcLoOrgPer.jsp?sItemId=000000023987-
dc.subject.keywordInternational trade and public policy-
dc.description.alternativeAbstractMongolia is sparsely populated, natural resources richly endowed and one of the rapidly developing country in the world. In addition, it has 50 million live stocks and relatively large scale land. It seems like there is no way to be poor. But why is Mongolia remaining poor? One of the reasons why this is happening is that Mongolia exports raw materials for low price, in turns imports final goods for expensive price. Generally, FDI is one of the possible source to finance for developing economies, however policymakers need to minimize potential risks. On the other hand, for host countries, it can contribute to technology diffusion, economic growth, employment opportunities, and sustainable development. Thus, government of Mongolia has tried to attract FDI in order to boost the economy. Unfortunately, FDI only invested for mining sector. Logically, mineral wealth should promote economic growth, because natural resource expands the production possibilities of an economy. Unfortunately, mineral wealth became a curse for Mongolia. Mineral exports made Mongolia too much reliant on one single market, and one single sector. To avoid resource curse, Mongolia may change the direction of FDI into industrial sector and implement appropriate policies. Therefore, this research paper tried to demonstrate the current economic situations and problems, moreover make policy recommendations based on other countries’ cases.-
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Special Graduate Schools > Graduate School of International Studies > Department of International Trade > 3. Theses(Master)
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