How Long to Read The Natural Resources Trap

How Long Does it Take to Read The Natural Resources Trap?

It takes the average reader 9 hours and 5 minutes to read The Natural Resources Trap by Federico Sturzenegger

Assuming a reading speed of 250 words per minute. Learn more

Description

"This book is important and timely, bringing together some of the world's leading economists. The theory chapters provide new insights and apply new developments in contract theory to the problems of natural resources and credible host country policies. The case studies provide up-to-date illustrations of the difficulties and development of host country policy in Latin America and the UK." Roderick Duncan, Charles Sturt University, Australia "This book is likely to become a standard reference in the area of natural resources and credible host country policies-coming, as it does, with a solid grounding in modern economic theory." Tim Worrall, University of Manchester Volatility in commodity prices has been accompanied by perpetual renegotiation of contracts between private investors in natural resource production and the governments of states with mineral and energy wealth. When prices skyrocket, governments want a larger share of revenues, sometimes to the point of nationalization or expropriation; when prices fall, larger state participation becomes a burden and the private sectoris called back in. Recent and newsworthy changes in the price of oil (which fell from an all-time high of $147 in mid-2008 to $40 by year's end) are notable for their speed and the steepness of their rise and fall, but the up-and-down pattern itself is not unusual. If the unpredictability of commodity prices is so predictable, why do contracts not allow for this with mechanisms that would provide a more stable commercial framework? In The Natural Resources Trap, top scholars address this guestion in terms of both theory and practice. Theoretical contributions range across a number of fields, from contract theory to public finance, and treat topics that include taxation, royalties, and expropriation cycles. Case studies examine experiences in the U.K., Bolivia, Argentina, Venezuela, and other parts of the world. --Book Jacket.

How long is The Natural Resources Trap?

The Natural Resources Trap by Federico Sturzenegger is 535 pages long, and a total of 136,425 words.

This makes it 181% the length of the average book. It also has 167% more words than the average book.

How Long Does it Take to Read The Natural Resources Trap Aloud?

The average oral reading speed is 183 words per minute. This means it takes 12 hours and 25 minutes to read The Natural Resources Trap aloud.

What Reading Level is The Natural Resources Trap?

The Natural Resources Trap is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Natural Resources Trap?

The Natural Resources Trap by Federico Sturzenegger is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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