Sustainable Development: A Quantitative Analysis Regarding the Impact of Resource Rents on State Welfare from 2002 to 2017

Biewendt, M.

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Title	Sustainable Development: A Quantitative Analysis Regarding the Impact of Resource Rents on State Welfare from 2002 to 2017
Authors	Biewendt, M.
ORCID
Keywords	Human Development Index індекс людського розвитку индекс человеческого развития sustainability устойчивость стійкість resource abundance достаток ресурсів изобилие ресурсов socio-economic welfare социально-экономическое благополучие соціально-економічний добробут
Type	Article
Date of Issue	2020
URI	https://essuir.sumdu.edu.ua/handle/123456789/81638
Publisher	Sumy State University
License	Creative Commons Attribution 4.0 International License
Citation	Biewendt, M. (2020). Sustainable Development: A Quantitative Analysis Regarding the Impact of Resource Rents on State Welfare from 2002 to 2017 . SocioEconomic Challenges, 4(4), 119-131. https://doi.org/10.21272/sec.4(4).119-131.2020
Abstract	This paper uses a quantitative analysis to examine the interdependence and impact of resource rents on socio-economic development from 2002 to 2017. Nigeria and Norway have been chosen as reference countries due to their abundance of natural resources by similar economic performance, while the ranking in the Human Development Index differs dramatically. As the Human Development Index provides insight into a country’s cultural and socio-economic characteristics and development in addition to economic indicators, it allows a comparison of the two countries. The hypothesis presented and discussed in this paper was researched before.
Appears in Collections:	SocioEconomic Challenges (SEC)