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Some Unique Features of Natural Resources

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Abstract:

This chapter provides an overview of some of the unique features of natural resources that pose challenges to their effective management. These include the varied forms and functions of natural capital (renewable vs. non‐renewable), constraints of measuring and monitoring, the natural resource curse, "dead end" natural resources, "low tech" natural resources, vulnerability to boom and bust cycles and the risk of the natural resource curse.

Document Type: Review Article

Publication date: 2009-01-01

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