Table of Contents

Contents:

Preface xxii

1 In quest of sustainable politics and economics of natural resources:
a summary of contributions and future research directions 1
Stella Tsani and Indra Overland

PART I RESOURCE SPECIFICS AND CONSIDERATIONS FOR
POLICY MAKING
2 Natural resources and economic development 15
Wee Chian Koh
3 Renewable energy transition, demand for metals and resource curse effects 30
André Månberger
4 Local and global aspects of coal in the ASEAN countries 45
Haakon Fossum Sagbakken, Aidai Isataeva, Indra Overland, Aloysius Damar
Pranadi, Beni Suryadi and Roman Vakulchuk
5 Policies and socio-economic tools for sustainable water management 64
Stella Tsani, Stella Apostolaki and Phoebe Koundouri
6 Inflated expectations and commodity prices: evidence from Kazakhstan 76
Victoire Girard, Alma Kudebayeva and Gerhard Toews

PART II REGIONAL RESOURCE POLITICS AND IMPLICATIONS
FOR GLOBAL POLICIES AND ECONOMIC DEVELOPMENT
7 Energy transition, resources and climate change investment policy in the EU 95
Matthias Busse, Oliver Dreute, Vladimir Isaila and Lúcio Vinhas de Souza
8 Climate change policies and resource abundance: the case of Russia 107
Igor Makarov
9 Green policies and sustainable development in Saudi Arabia 123
Stella Tsani and Sarah Najm
10 How ambitious can the Israeli Green Deal be? 136
Ruslana Rachel Palatnik, Ayelet Davidovitch, Volker Krey, Nathan Sussman,
Keywan Riahi and Matthew Gidden
11 Powering the uplands: controversies of developing hydropower in
upstream Central and Mainland Southeast Asia 153
Stefanos Xenarios, Murodbek Laldjebaev, Dietrich Schmidt-Vogt, Joost
Buurman and Eduardo Araral
12 Small-scale mining, rural resilience and the Sustainable Development
Goals in Sub-Saharan Africa 187
Gavin Hilson, Titus Sauerwein and Matondo Estrela Garcia Cardoso
13 Natural resource policies for future sustainability in the African continent 207
Roula Inglesi-Lotz

PART III INSTITUTIONS AND RESOURCE POLICIES
14 Corruption, resource policies and economic growth 220
Heli Arminen, Tiia-Lotta Pekkanen and Jorma Sappinen
15 Local content policies and institutional capacity for sustainable resource
management 232
Yelena Kalyuzhnova
16 Success and failures of sovereign wealth funds: on the macroeconomic
performance, time-varying objectives and first liquidations of sovereign
wealth funds 244
Jean-François Carpantier and Wessel N. Vermeulen
17 Fiscal policy, macroeconomic volatility and the role of institutions
under resource abundance 263
Leonor Coutinho and Stella Tsani
18 Legal indicators as tools to assess the effectiveness of international
rules related to the sustainable management of natural resources 293
Emmanuella Doussis and Ilaria Espa
19 Resource conservation and environmental ethics: a theoretical
framework supported by panel data 303
Fabio Zagonari

PART IV CHANGE AND UNCERTAINTY IN RESOURCE POLICIES
20 Stranded assets and the financial system 322
Andreas A. Papandreou
21 Energy modeling for sustainable policymaking: state of the art and
future challenges 335
Stella Tsani and Mariia Kozlova
22 Ambiguity in financing corporate mitigation policies 349
Elettra Agliardi and Willem Spanjers
23 Resource abundance and socio-economic shocks: COVID-19 pandemic
and the State Oil Fund of Azerbaijan 366
Ingilab Ahmadov
24 Hydrocarbons during energy transition: from peak oil supply to peak oil
demand and investment? Is energy security at risk? 376
Cyril Widdershoven

Index

About the Author

Edited by Stella Tsani, Assistant Professor, Department of Economics, University of Ioannina, Greece and Indra Overland, Research Professor, Norwegian Institute of International Affairs, Norway

Reviews

‘This book contains excellent insights into the management of natural resources in the face of climate and sustainable development targets in many different parts of the world. A must for practitioners and researchers.’
*Rick van der Ploeg, University of Oxford, UK*

‘The Handbook of Sustainable Politics and Economics of Natural Resources covers a wide range of topics associated with the management of non-renewable resources. The thread connecting the various research paths explored by the authors is the belief that lessons learned from experience alone are not a good enough compass to guide policy making in today’s deeply interconnected and fast changing economy. The importance of tailoring policy making to local circumstances and the type of non-renewable resource is emphasized throughout the book, and its implications are discussed with regard to the path and speed of energy transition policies in resource-rich countries. A good read that successfully puts non-renewable resource policies in context with other important economic and social imperatives.’
*Silvana Tordo, The World Bank, US*