Oil, Other Scarcities, and the Poor Countries
Bibliographic Data
| ID | 6412458 |
|---|---|
| Authors | John P Lewis (Princeton University, corresponding author) |
| Year | 1974 |
| Volume | 27 |
| Issue | 1 |
| Pages | 63-86 |
| Publication date | 1974-10-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | World Politics (JOURNAL) |
| Journal identifiers | ISSN: 0043-8871 • E-ISSN: 1086-3338 |
| Publisher | Project MUSE (PUBLISHER • US) |
| DOI | 10.2307/2009926 |
| OpenAlex | W2144106262 |
| Language | EN |
| Citations received | 7 |
| References cited | 1 |
Classic, optimistic, post-World War II development strategy (whereunder the new states, catalyzed by temporary, modest injections of foreign aid, were to achieve accelerated growth, improved mass welfare, and national self-reliance) already was in trouble before it was overtaken by growing awareness of natural-resource scarcities. But, at least in their Limits-of-Growth version, the latter seem to challenge the strategy fundamentally. Six hypotheses for reconciling scarcities and development are: (1) world zero population growth needs urgent promotion; but (2) there is no comparable early need for arresting global economic growth; (3) the poor countries, along with more equity, need faster growth and therefore continuing regularized net transfers from the rich; (4) the rich, while sharing some of their growth dividends with the poor through scarcity-related market adjustments, will keep growing enough also to provide net transfers; (5) the oil crisis is so extreme a case of the problem that it confuses more than it teaches; (6) in a system that is still nation-state dominated, the mixture of cooperative and conflicted scenarios for promoting development in a context of scarcity may veer toward the former as affluent decision makers are “subverted” into planetary perspectives
Business · Development economics · Dividend · Economics · Equity (law · Market economy · Natural resource · Political science · Population · Population growth · Promotion (chess · Scarcity · Global Energy and Sustainability Research · Natural Resources and Economic Development · Sustainable Development and Environmental Policy
| Citations per year | 0.14 |
|---|---|
| Citation span | 1975 - 2022 (48) |
| Highly cited | No |