Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/163066 
Year of Publication: 
2017
Series/Report no.: 
WIDER Working Paper No. 2017/98
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
This paper synthesizes statistical information evidencing the proposition that extractive industries are of great significance in many low- and middle-income developing economies. It examines the scale of the current dependence of low- and middle-income economies on both types of extractive resources: metals, and oil and gas. The paper also assesses how country levels of dependence have changed in the past twenty years, showing that there has been a clear upward trend. The paper outlines how the upward trend has continued in many countries despite the recent commodity price collapse, and assesses some of the consequences of that collapse.
Subjects: 
development
oil
gas
exports
dependence
JEL: 
B2
O1
Q3
Q4
Persistent Identifier of the first edition: 
ISBN: 
978-92-9256-322-6
Document Type: 
Working Paper

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