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Natural resources and the formation of institutional arrangements in developing economies

Dissertation (MBA)--University of Pretoria, 2012.

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Other Authors: Price, Gavin
Format: Thesis
Language:English
Published: University of Pretoria 2013
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access_status_str Open Access
author2 Price, Gavin
author_browse Price, Gavin
author_facet Price, Gavin
collection Thesis
dc_rights_str_mv © 2012 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Dissertation (MBA)--University of Pretoria, 2012.
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institution University of Pretoria (South Africa)
language English
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license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2013
publishDateRange 2013
publishDateSort 2013
publisher University of Pretoria
publisherStr University of Pretoria
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spelling oai:repository.up.ac.za:2263/30645 Natural resources and the formation of institutional arrangements in developing economies Price, Gavin ichelp@gibs.co.za Sibisi, Ivan Sibongiseni UCTD Oil Institutions Natural resource curse Rent seeking Dissertation (MBA)--University of Pretoria, 2012. Oil producing developing countries are always at the risk of becoming the next example of the resource curse phenomenon. Numerous studies agree that the resource curse is not deterministic but can be avoided as a number of countries have managed to develop their economies using oil revenues. One of the factors affecting the performance of oil producing countries is the capable institutions that a particular country develops. It is this element that is examined in this study. The aim is to determine to what extent institutional development is affected by the oil industry.The study was done by using existing secondary data on the historical formation of institutions and institutional reforms in the oil industry. A mixed research study was conducted, utilizing the content analysis method as well as the correlation method to establish a relationship between factors.The main finding of the research is that the historical context of institutions is crucial to the understanding oil industry policies and that governments are not influenced by the size of the proven oil resource but rather that the oil rents governments are able to collect from the oil industry are determined by the bargaining power they have in relation to all other stakeholders. Gordon Institute of Business Science Restricted 2013-09-09T07:21:11Z 2013-04-29 2013-09-09T07:21:11Z 2013-04-25 2012-11-07 2013-02-24 Dissertation Sibisi, IS 2012, Natural resources and the formation of institutional arrangements in developing economies, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://upetd.up.ac.za/thesis/available/etd-02242013-131329/ > F13/4/264/zw http://hdl.handle.net/2263/30645 http://upetd.up.ac.za/thesis/available/etd-02242013-131329/ en © 2012 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf application/pdf University of Pretoria
spellingShingle UCTD
Oil
Institutions
Natural resource curse
Rent seeking
Natural resources and the formation of institutional arrangements in developing economies
title Natural resources and the formation of institutional arrangements in developing economies
title_full Natural resources and the formation of institutional arrangements in developing economies
title_fullStr Natural resources and the formation of institutional arrangements in developing economies
title_full_unstemmed Natural resources and the formation of institutional arrangements in developing economies
title_short Natural resources and the formation of institutional arrangements in developing economies
title_sort natural resources and the formation of institutional arrangements in developing economies
topic UCTD
Oil
Institutions
Natural resource curse
Rent seeking
url http://hdl.handle.net/2263/30645
http://upetd.up.ac.za/thesis/available/etd-02242013-131329/