TagNatural resources

resource curse

resource curse  n.— «Although economic growth is a key ingredient to poverty reduction, some academics have formulated the “resource curse” theory, which, broadly stated, includes the proposition that an economy blessed with...

green GDP

green GDP  n.— «Work on the natural resources satellite accounts was given added impetus and extended in scope in 1993 when President Clinton, as part of his April 21 Earth Day address, gave high priority to the development of “Green...

green GDP

green GDP  n.— «The "green" GDP, considered an echo of China's newly raised "scientific concept of development," requires adjusting the traditional national GDP to account for the degradation of both natural...