R SOC355 Lecture Notes - Lecture 22: Resource Curse, Dutch Disease, University Of British Columbia Press
Document Summary
Masculine-oriented jobs, work environment: ethnic diversity. People flock from all over to these places. Focus on aboriginals: stigma and identity (cid:862)dirty (cid:449)ork(cid:863) stig(cid:373)a of iti(cid:374)era(cid:374)t e(cid:374)ergy (cid:449)orkers, huge influx of people. Potential for reduced quality of life: economic impacts. A lot of construction work as the industry is growing. Resulted in a bust more negative economic outcomes in the long- term. A lot of depressed communities after the boom with no evidence of improving. Debates whether resource booms are a catalyst or hindrance to economic growth: dutch disease. As the energy industry grows and expands, it attracts a lot of investment and impacts the wider economy, which ends up crowding out other economic activities (ex. In ag, education, manufacturing, etc. : crowding out. Exports become more expensive negative impact on the: subnational analysis versus country level studies manufacturing sector. Strong democratic institutions with capacity to redistribute wealth are more able to avoid the resource curse.