Dutch Disease - some reading
While busy with my thesis on Kazakhstan’s hydrocarbon resources and their implications for development, I just found out that a previous entry on the ‘Dutch Disease’ seems to be popular and picked up frequently by search engines.
As neweurasia is also about exchange between students, I decided to put my bibliography into the extended entry. Maybe some of you can put some other stuff in the comments section in order to make this list more comprehensive.
My work is by no means exclusively concerned about Dutch Disease effects. It also covers some political implications of the hydrocarbon boom as well as more microeconomic factors, mostly SME and diversification-related.
Also: Could anybody possibly help me out with an electronic copy of: Pomfret, Richard, ‘Kazakhstan’s Economy since Independence: Does the Oil Boom Offer a Second Chance for Sustainable Development?’ in Europe-Asia Studies, Volume 57, Number 6, September 2005, pp. 859-876(18)? If so, please send it to ben(at)paarmann(dot)info - and I shall be eternally grateful!
Please don’t mind the formatting of the following, it got lost while copying it from Word to Wordpress.
Bibliography:
Books, Journal Articles and Working/Research Papers
Alam, Asam and Arup Banerji, “Uzbekistan and Kazakhstan: A Tale of Two Transition Paths?”, World Bank Research Paper, 2002
Akiner, Shirin, “Ten years on: achievements, new concerns, future prospects” in The Caspian: Politics, Energy, Security (ed. S. Akiner), RoutledgeCurzon, London / New York, 2004
Auty, Richard M.: “Natural Resource Endowment, the State and Development Strategy” in Journal of International Development, Vol. 9, No.4, 651-663, 1997
Auty, “Does Kazakhstan’s Oil Wealth Help or Hinder the Transition?”, Harvard Institute for International Development, Development Discussion Paper No. 615, 1997
Beck, Thorsten, Asli Demirguc-Kunt, Ross Levine: “SMEs, Growth, and Poverty: Cross-Country Evidence” in Journal of Economic Growth, Vol. 10, Number 3, September 2005
Blackmon, Pamela, “Back to the USSR: why the past does matter in explaining differences in the economic reform processes of Kazakhstan and Uzbekistan” in Central Asian Survey, 24(4), 391-404, December 2005
Bulte, Erwin, Richard Damania, Robert T. Deacon, “Resource Abundance, Poverty and Development”, University of California, Department of Economics, Research Paper, 2004 (http://www.econ.ucsb.edu/papers/wp21-03.pdf)
Corden, W.M., “Booming Sector and Dutch Disease Economics: Survey and Consolidation” in Oxford Economic Papers, New Series, Vol. 36, No. 3. (Nov., 1984), pp. 359-380.
Emirates Center for Strategic Studies and Research, Caspian Energy Resources, Implications for the Arab Gulf, 2000, Abu Dhabi
Engel, E. and Rodrigo Valdés: “Optimal Fiscal Strategy for Oil Exporting Countries”, Central Bank of Chile Seminar Paper prepared for IMF Middle Eastern Department, January 2001 (http://www.economia.puc.cl/seminarios/Wintercamp/Engel%20Valdes.pdf)
Esanov, Akram, Martin Raiser, Willem Buiter, “Nature’s blessing or nature’s curse: the political economy of transition in resource-based economies”, EBRD Working Paper Series, Working Paper 66, November 2001
Engelschalk, Michael, “Creating a Favorable Tax Environment for Small Business Development in Transition Countries”, World Bank Working Paper, 2003
(http://isp-aysps.gsu.edu/academics/conferences/conf2003/Engelschalk.pdf)
Hübner, Wojciech, “SME Development in Countries of Central Asia (Kazakhstan, Kyrgyzstan and Uzbekistan): Constraints, Cultural Aspects, and Role of International Assistance”, UNIDO (United Nations Industrial Development Organization), conference paper, Vienna, 2000
IMF (a), “Republic of Kazakhstan: Selected Issues”, Country Report No. 05/240, July 2005
IMF (b), “Republic of Kazakhstan: Statistical Appendix” Country Report No. 05/239, July 2005
Isham, Jonathan, Lant Pritchett, Michael Woolcock, Gwen Busby, “The Varieties of Resource Experience: How Natural Resource Export Structures Affect the Political Economy of Economic Growth”, Middlebury College Economics Discussion Paper No. 03-08R, 2004
Jones Luong, Pauline and Erika Weinthal, “Prelude to the Resource Curse: Explaining Oil and Gas Development Strategies in the Soviet Successor States and Beyond” in Comparative Political Studies, Vol. 34 No. 4, 367-399, May 2001
Kalyuzhnova, Yelena, The Kazakhstani Economy: Independence and Transition, London, Macmillan, 1998
Karl, Terry Lynn, The paradox of plenty: oil booms and petro-states, Berkeley ; London : University of California Press, 1997
Karlygash Kuralbayeva, Ali M. Kutan and Michael L. Wyzan, “Is Kazakhstan Vulnerable to the Dutch Disease?”, Zentrum für Europäische Integrationsforschung Working Paper B29, 2001
Kleveman, Lutz, The New Great Game: Blood and Oil in Central Asia, Grove Atlantic, New York, 2003
Lam, Ricky and Leonard Wantchekon: “Political Dutch Disease”, Manuscript, Department of Politics, New York University, November 2002 (http://www.nyu.edu/gsas/dept/politics/faculty/wantchekon/research/dutch.pdf)
Olcott, Martha Brill, Kazakhstan: Unfulfilled Promise, Carnegie Endowment for International Peace, Washington, D.C., 2002
Petersen, Christian E. and Nina Budina, “Governance Framework of Oil Funds: The Case of Azerbaijan and Kazakhstan”, Working Paper, Columbia Earth Institute, Columbia University, 2002
Ross, Michael, “The Political Economy of the Resource Curse” in World Politics 51.2 297-322, 1999
Sachs, Jeffrey D. and Andrew M. Warner, “Natural Resource Abundance and Economic Growth”, Center for International Development and Harvard Institute for International Development, November, 1997
(http://www.geog.byu.edu/shumway/Geog331/Readings/Natres&EG.pdf)
Soros, George, “Caspian Oil Windfalls: Who Will Benefit?”, keynote speech during conference hosted by the Open Society Institute and Center for Strategic and International Studies, May 12, 2003
Robinson, James A., Ragnar Torvik, Thierry Verdier, “Political Foundations of the Resource Curse”, Paper prepared for the conference to celebrate Pranab Bardhan’s tenure as editor of the Journal of Development Economics, May 2005 (http://www.svt.ntnu.no/iso/Ragnar.Torvik/bardhanjde.pdf)
Sabonis-Helf, Theresa, “The Rise of the Post-Soviet Petro-States: Energy Exports and Domestic Governance in Turkmenistan and Kazakhstan” in In the Tracks of Tamerlane: Central Asia’s Path to the 21st Century (eds. Daniel L. Burghart and Theresa Sabonis-Helf), Center for Technology and National Security Policy, NDU Press, New York:, 2004
Stevens, Paul, “Resource Impact: A Curse or a Blessing?”, Draft Working Paper, Centre for Energy, Petroleum and Mineral Law and Policy, University of Dundee (UK), 2003
(http://www.dundee.ac.uk/cepmlp/journal/html/Vol14/Vol14_1.pdf)
Strauss, “The Growth and Natural Resource Endowment Paradox: Empirics, Causes & the Case of Kazakhstan” in Praxis The Fletcher Journal of Development Studies Vol. XVI, 2000
Tasmagambetov, Imangali, “Kazakhstan: From a Strategy of Survival to a Strategy of Prosperity” in American Foreign Policy Interest, 26: 33-38, 2005
Ter-Martirosyan, Anna: “Stepped-up reforms are key to diversifying Kazakhstan’s economy” in IMF Survey, Vol.35, No. 2, January 23, 2006
Tsalik, Caspian Oil Windfalls: Who Will Benefit?, Caspian Revenue Watch, Central Eurasia Project, Open Society Institute, New York, 2003
UNDP, Poverty in Kazakhstan: Causes and Cures, Almaty, Kazakhstan, 2002
UNDP, National Human Development Report Kazakhstan 2003: Water as a Key Human Development Factor, Almaty, Kazakhstan, 2003
USAID, “Kazakhstan: Economic Performance Assessment”, November 2005
Wakeman-Linn, John, Paul Mathieu and Bert van Selm, “Oil Funds and Revenue Management in Transition Economies: The Cases of Azerbaijan and Kazakhstan”, paper prepared for the Petroleum Revenue Management Workshop, Joint UNDP/World Bank Energy Sector Management Assistance Programme, The International Bank for Reconstruction and Development/The World Bank, 2004
Wantchekon, Leonard, “Why do Resource Abundant Countries Have Authoritarian Governments?” Journal of African Finance and Economic Development 2, 57-77, 2002
The World Bank, “Kazakhstan - Getting Competitive, Staying Competitive: The Challenge of Managing Kazakhstan’s Oil Boom”, 2004
Zhuplev, Anatoly V., Allen P. Gray, W.F. Fred Kiesner, Asylbek B. Kozhakhmetov, “Small Business and Entrepreneurship in Kazakhstan”, Layola Marymount University, 1996
(http://www.sbaer.uca.edu/research/usasbe/1996/pdf/21.pdf)
Online Resources:
BISNIS: “Ambassadorial Briefing ” Azerbaijan and Kazakhstan: Exploring the Non-Oil & Gas Sectors”, Interview with Ambassador Larry Napper, 09/01/04
http://bisnis.doc.gov/av/index.cfm#L
Citibank, “Market Overview: Kazakhstan”, 2006
http://www.citibank.com/kazakhstan/homepage/market/
Energy Information Administration (a), “Caspian Sea Region: Key Oil and Gas Statistics”, August 2005 - http://www.eia.doe.gov/emeu/cabs/caspstats.html
Energy Information Administration (b) “Kazakhstan Country Analysis Brief”, July 2005
Energy Information Administration: “Annual Energy Outlook 2004 with Projections to 2025″, 2004
http://www.eia.doe.gov/oiaf/aeo/forecast.html
Economist Intelligence Unit: Country Briefing Kazakhstan: http://www.economist.com/countries/Kazakhstan/profile.cfm?folder=Profile-Economic%20Structure
International Tax and Investment Center: “Kazakhstan: Milestones or Tombstones for Investment?”, 27/09/01
http://www.iticnet.org/publications/CIS5222%20Vienna%20slides%20to%20PUBLIC.pdf
International Tax and Investment Center: “The Investment Climate in the Republic of Kazakhstan”, 1997 http://www.iticnet.org/publications/online/Kazakhstan/Kazakh_97s/KS’97.htm
Pallot, “Export-based regions: oil provinces in post-Soviet Russia”, Lecture notes on the Geography of Post-Communist Russia, School of Geography and the Environment, University of Oxford
http://www.geog.ox.ac.uk/students/teaching/op2_gpr/lecture06.ppt
Newspapers, periodicals and news services:
Alexander’s Oil and Gas Connections, “Kazakhstan’s national bank justifies creation of secret oil fund”, 24th April 2002 (http://www.gasandoil.com/goc/news/ntc22027.htm)
The Economist, “The Paradox of Plenty”, 24th December 2005
The Economist, “Waiting to be Rich”, 12th June 2003
Forbes, “China completes pipeline link with Kazakhstan”, 15th November 2005
Kazinform, “Kazakhstan to be regional integration power: UNDP Director”, 6th April 2006
The New Yorker, “The Price of Oil” by Seymour M. Hersh, 09th July 2001
Radio Free Europe / Radio Liberty, “Kazakhstan To Double Oil Pipeline Capacity To Russia”, 4th April 2006
Radio Free Europe / Radio Liberty, “Central Asia Report” Vol.4, No.10, 8th March 2004
Reuters, “Eni Kashagan lead role may be reviewed - source”, 28th March 2006
The Times of Central Asia, “Kazakh Government to Raise Taxation on Natural Resource Projects”, 1st March 2004 http://www.times.kg/news/1105429.html
Washington Post: “Kazakh Field Stirs U.S.-Russian Rivalry”, 6th October 1998
http://www.washingtonpost.com/wp-srv/inatl/europe/caspian100698.htm















on April 18th, 2006 at 2:15 am
The Blackmon article is December 2005.
on June 18th, 2006 at 9:02 pm
Hello Nathan!!!
on May 6th, 2007 at 5:06 pm
It is Terry Lynn Karl and not Terri Karl. If you are referencing her book the least you could do is get her name right.
on May 6th, 2007 at 9:27 pm
That’s corrected, thanks.
on September 28th, 2007 at 10:27 pm
Do you follow Kazakhstan’s development of its uranium mines? If so I’d like to catch up with you.