Showing posts with label resource curse. Show all posts
Showing posts with label resource curse. Show all posts

22 August 2012

The Politics of Oil and Budgets #nlpoli

When any country or province depends heavily on the money that comes from resource extraction, it affects politics there.

Political scientist Michael Ross is probably the most recent author on the subject. Terry Karl has also written extensively on the resource curse.  She wrote of the best known books on the subject:  The paradox of plenty:  oil booms and petro-states.  You can also find some of Karl’s further thoughts on the issue in an article she wrote in 2007  and revised in 2009.

These studies focus on the developing world, for the most part, but what academics observe about those countries can cause you to think again about politics in other places.

Like say, Newfoundland and Labrador.

06 September 2011

Election 2011 and the Resource Curse

During the current provincial election you are going to hear a lot about natural resources and the need to spend the money that comes from it on all sorts of things.

The province’s New Democrats wasted no time in bitching that oil money isn’t being poured into rural Newfoundland and Labrador:
"We have to have a plan in rural Newfoundland to make sure that our fishery is maintained as the backbone of rural communities," she said.
The Dippers are also hopped up on spending the cash on education, mostly likely to help Nova Scotians get a cheaper education.

Of course, the province’s Conservatives have been on a spending spree these past couple of years.  They’ve dropping dropping money on everything anything from road paving to hockey rinks.

The provincial Liberals are on much the same sort of kick, especially for the fishery. All three parties want to take over federal responsibilities like the dozen or so jobs at a coast guard marine rescue call centre.  The local pols want to buy the jobs just to keep them in Newfoundland and Labrador.

In fact, if you look at most major issues in the province, the only disagreement among the three parties is how much is enough to spend.  On any given issue and any given day, the incumbent Tories will announce cash for something.  The other two parties will scream:  “not enough!”