IDEAS home Printed from https://ideas.repec.org/a/eee/ecolec/v138y2017icp1-11.html
   My bibliography  Save this article

Buen Vivir vs Development (II): The Limits of (Neo-)Extractivism

Author

Listed:
  • Villalba-Eguiluz, C. Unai
  • Etxano, Iker

Abstract

Like the entire Andean region, Ecuador has an economic structure that is dependent on primary exports. During the last boom in commodity prices the (neo-)extractivist development strategy generated economic growth and simultaneously reduced inequality. However, this bonanza was not used to advance in economic diversification or for transition towards Buen Vivir (Sumak Kawsay –Good Living) as postulated in the Constitution and the National Development Plans. We establish that (neo-)extractivism is not compatible with Buen Vivir, analysing three concrete aspects to this end: the failure to fulfill the rights of nature and ecological sustainability; the lack of advances in transforming the productive matrix; insufficient results in matters of redistributive social policies.

Suggested Citation

  • Villalba-Eguiluz, C. Unai & Etxano, Iker, 2017. "Buen Vivir vs Development (II): The Limits of (Neo-)Extractivism," Ecological Economics, Elsevier, vol. 138(C), pages 1-11.
    • Handle: RePEc:eee:ecolec:v:138:y:2017:i:c:p:1-11
    DOI: 10.1016/j.ecolecon.2017.03.010
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0921800916308771
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ecolecon.2017.03.010?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Brunnschweiler, Christa N. & Bulte, Erwin H., 2008. "The resource curse revisited and revised: A tale of paradoxes and red herrings," Journal of Environmental Economics and Management, Elsevier, vol. 55(3), pages 248-264, May.
    2. Rival, Laura, 2010. "Ecuador's Yasuní-ITT Initiative: The old and new values of petroleum," Ecological Economics, Elsevier, vol. 70(2), pages 358-365, December.
    3. Halvor Mehlum & Karl Moene & Ragnar Torvik, 2006. "Institutions and the Resource Curse," Economic Journal, Royal Economic Society, vol. 116(508), pages 1-20, January.
    4. Stern, David I., 2004. "The Rise and Fall of the Environmental Kuznets Curve," World Development, Elsevier, vol. 32(8), pages 1419-1439, August.
    5. Salvatore Monni & Massimo Pallottino, 2016. "A New Agenda for International Development Cooperation: Lessons learnt from the Buen Vivir experience," Development, Palgrave Macmillan;Society for International Deveopment, vol. 58(1), pages 49-57, January.
    6. Jeffrey D. Sachs & Andrew M. Warner, 1995. "Natural Resource Abundance and Economic Growth," NBER Working Papers 5398, National Bureau of Economic Research, Inc.
    7. Brunnschweiler, Christa N., 2008. "Cursing the Blessings? Natural Resource Abundance, Institutions, and Economic Growth," World Development, Elsevier, vol. 36(3), pages 399-419, March.
    8. Andrea Cori & Salvatore Monni, 2014. "The Resource Curse Hypothesis: Evidence from Ecuador," SEEDS Working Papers 2814, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Oct 2014.
    9. Vallejo, Maria Cristina, 2010. "Biophysical structure of the Ecuadorian economy, foreign trade, and policy implications," Ecological Economics, Elsevier, vol. 70(2), pages 159-169, December.
    10. Schaffartzik, Anke & Mayer, Andreas & Eisenmenger, Nina & Krausmann, Fridolin, 2016. "Global patterns of metal extractivism, 1950–2010: Providing the bones for the industrial society's skeleton," Ecological Economics, Elsevier, vol. 122(C), pages 101-110.
    11. Margherita Scarlato, 2013. "Social Enterprise, Capabilities and Development Paradigms: Lessons from Ecuador," Journal of Development Studies, Taylor & Francis Journals, vol. 49(9), pages 1270-1283, September.
    12. Nuno Torres & Óscar Afonso & Isabel Soares, 2013. "A survey of literature on the resource curse: critical analysis of the main explanations, empirical tests and resource proxies," CEF.UP Working Papers 1302, Universidade do Porto, Faculdade de Economia do Porto.
    13. Karen M. Siegel, 2016. "Fulfilling Promises of More Substantive Democracy? Post-neoliberalism and Natural Resource Governance in South America," Development and Change, International Institute of Social Studies, vol. 47(3), pages 495-516, May.
    14. Robinson, James A. & Torvik, Ragnar & Verdier, Thierry, 2006. "Political foundations of the resource curse," Journal of Development Economics, Elsevier, vol. 79(2), pages 447-468, April.
    15. Sovacool, Benjamin K. & Scarpaci, Joseph, 2016. "Energy justice and the contested petroleum politics of stranded assets: Policy insights from the Yasuní-ITT Initiative in Ecuador," Energy Policy, Elsevier, vol. 95(C), pages 158-171.
    16. Latorre, Sara & Farrell, Katharine N. & Martínez-Alier, Joan, 2015. "The commodification of nature and socio-environmental resistance in Ecuador: An inventory of accumulation by dispossession cases, 1980–2013," Ecological Economics, Elsevier, vol. 116(C), pages 58-69.
    17. Vittorio Daniele, 2011. "Natural Resources and the 'Quality' of Economic Development," Journal of Development Studies, Taylor & Francis Journals, vol. 47(4), pages 545-573.
    18. Richard M. Auty, 1997. "Natural Resource Endowment, The State And Development Strategy," Journal of International Development, John Wiley & Sons, Ltd., vol. 9(4), pages 651-663.
    19. Jean Grugel & Pía Riggirozzi, 2012. "Post-neoliberalism in Latin America: Rebuilding and Reclaiming the State after Crisis," Development and Change, International Institute of Social Studies, vol. 43(1), pages 1-21, January.
    20. Vallejo, María Cristina & Burbano, Rafael & Falconí, Fander & Larrea, Carlos, 2015. "Leaving oil underground in Ecuador: The Yasuní-ITT initiative from a multi-criteria perspective," Ecological Economics, Elsevier, vol. 109(C), pages 175-185.
    21. Boschini, Anne & Pettersson, Jan & Roine, Jesper, 2013. "The Resource Curse and its Potential Reversal," World Development, Elsevier, vol. 43(C), pages 19-41.
    22. Fontana, Lorenza B. & Grugel, Jean, 2016. "The Politics of Indigenous Participation Through “Free Prior Informed Consent”: Reflections from the Bolivian Case," World Development, Elsevier, vol. 77(C), pages 249-261.
    23. Fander Falconí & María Cristina Vallejo, 2012. "Transiciones socioecológicas en la región andina," Revista Iberoamericana de Economía Ecológica, Red Iberoamericana de Economía Ecológica, vol. 18, pages 53-71, Abril.
    24. Vela-Almeida, Diana & Brooks, Grace & Kosoy, Nicolas, 2015. "Setting the limits to extraction: A biophysical approach to mining activities," Ecological Economics, Elsevier, vol. 119(C), pages 189-196.
    25. Guardiola, Jorge & García-Quero, Fernando, 2014. "Buen Vivir (living well) in Ecuador: Community and environmental satisfaction without household material prosperity?," Ecological Economics, Elsevier, vol. 107(C), pages 177-184.
    26. Kallis, Giorgos & Gómez-Baggethun, Erik & Zografos, Christos, 2013. "To value or not to value? That is not the question," Ecological Economics, Elsevier, vol. 94(C), pages 97-105.
    27. Catherine Walsh, 2010. "Development as Buen Vivir: Institutional arrangements and (de)colonial entanglements," Development, Palgrave Macmillan;Society for International Deveopment, vol. 53(1), pages 15-21, March.
    28. Robalino-López, Andrés & García-Ramos, José-Enrique & Golpe, Antonio A. & Mena-Nieto, Ángel, 2014. "System dynamics modelling and the environmental Kuznets curve in Ecuador (1980–2025)," Energy Policy, Elsevier, vol. 67(C), pages 923-931.
    29. Bulte, Erwin H. & Damania, Richard & Deacon, Robert T., 2005. "Resource intensity, institutions, and development," World Development, Elsevier, vol. 33(7), pages 1029-1044, July.
    30. Manuel A. Zambrano-Monserrate & Freddy F. Garc a-Alb n & Kliffer A. Henk-Vera, 2016. "Bounds Testing Approach to Analyze the Existence of an Environmental Kuznets Curve in Ecuador," International Journal of Energy Economics and Policy, Econjournals, vol. 6(2), pages 159-166.
    31. Escribano, Gonzalo, 2013. "Ecuador's energy policy mix: Development versus conservation and nationalism with Chinese loans," Energy Policy, Elsevier, vol. 57(C), pages 152-159.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Coral, Claudia & Bokelmann, Wolfgang & Bonatti, Michelle & Carcamo, Robert & Sieber, Stefan, 2021. "Understanding institutional change mechanisms for land use: Lessons from Ecuador’s history," Land Use Policy, Elsevier, vol. 108(C).
    2. Romel Ramón González-Díaz & Ángel Acevedo-Duque & Guido Salazar-Sepúlveda & Dante Castillo, 2021. "Contributions of Subjective Well-Being and Good Living to the Contemporary Development of the Notion of Sustainable Human Development," Sustainability, MDPI, vol. 13(6), pages 1-17, March.
    3. Mero-Figueroa, Marina & Galdeano-Gómez, Emilio & Piedra-Muñoz, Laura & Obaco, Moisés, 2020. "Measuring well-being: A Buen Vivir (living well) indicator for Ecuador," MPRA Paper 119912, University Library of Munich, Germany.
    4. Adam Burke, 2021. "The Crossroads of Ecotourism Dependency, Food Security and a Global Pandemic in Galápagos, Ecuador," Sustainability, MDPI, vol. 13(23), pages 1-18, November.
    5. Balaine, Lorraine & Gallai, Nicola & Del Corso, Jean-Pierre & Kephaliacos, Charilaos, 2020. "Trading off environmental goods for compensations: Insights from traditional and deliberative valuation methods in the Ecuadorian Amazon," Ecosystem Services, Elsevier, vol. 43(C).
    6. Marina Mero-Figueroa & Emilio Galdeano-Gómez & Laura Piedra-Muñoz & Moisés Obaco, 2020. "Measuring Well-Being: A Buen Vivir (Living Well) Indicator for Ecuador," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 152(1), pages 265-287, November.
    7. Latorre, Sara & Malo-Larrea, Antonio, 2019. "Policy-making Related Actors' Understandings About Nature-society Relationship: Beyond Modern Ontologies? The Case of Cuenca, Ecuador," Ecological Economics, Elsevier, vol. 156(C), pages 387-396.
    8. Bryan W. Husted, 2021. "Buen Vivir: A Path to Reimagining Corporate Social Responsibility in Mexico after COVID-19," Sustainability, MDPI, vol. 13(11), pages 1-16, June.
    9. Icaza-Alvarez, Daniel & Jurado, Francisco & Tostado-Véliz, Marcos & Arevalo, Paúl, 2022. "Decarbonization of the Galapagos Islands. Proposal to transform the energy system into 100% renewable by 2050," Renewable Energy, Elsevier, vol. 189(C), pages 199-220.
    10. Unai Villalba-Eguiluz & Asier Arcos-Alonso & Juan Carlos Pérez de Mendiguren & Leticia Urretabizkaia, 2020. "Social and Solidarity Economy in Ecuador: Fostering an Alternative Development Model?," Sustainability, MDPI, vol. 12(17), pages 1-17, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lotfalipour, Mohammad Reza & sargolzaie, Ali & Salehnia, Narges, 2022. "Natural resources: A curse on welfare?," Resources Policy, Elsevier, vol. 79(C).
    2. Dauvin, Magali & Guerreiro, David, 2017. "The Paradox of Plenty: A Meta-Analysis," World Development, Elsevier, vol. 94(C), pages 212-231.
    3. Mignamissi, Dieudonné & Malah Kuete, Yselle Flora, 2021. "Resource rents and happiness on a global perspective: The resource curse revisited," Resources Policy, Elsevier, vol. 71(C).
    4. Chi-Swian Wong, 2021. "Science Mapping: A Scientometric Review on Resource Curses, Dutch Diseases, and Conflict Resources during 1993–2020," Energies, MDPI, vol. 14(15), pages 1-48, July.
    5. Kaznacheev, Peter, 2013. "Resource Rents and Economic Growth: Economic and institutional development in countries with a high share of income from the sale of natural resources. Analysis and recommendations based on internatio," EconStor Research Reports 121950, ZBW - Leibniz Information Centre for Economics.
    6. Diana Patricia Niño Muñoz, 2015. "Calidad de vida y el desarrollo institucional de los municipios petroleros de Colombia (2000-2010)," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 17(33), pages 203-230, July-Dece.
    7. Silvana Sandonato & Henry Willebald, 2018. "Natural Capital, Domestic Product and Proximate Causes of Economic Growth: Uruguay in the Long Run, 1870–2014," Sustainability, MDPI, vol. 10(3), pages 1-26, March.
    8. Siakwah, Pius, 2017. "Are natural resource windfalls a blessing or a curse in democratic settings? Globalised assemblages and the problematic impacts of oil on Ghana's development," Resources Policy, Elsevier, vol. 52(C), pages 122-133.
    9. Dong-Hyeon Kim & Shu-Chin Lin, 2017. "Natural Resources and Economic Development: New Panel Evidence," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 66(2), pages 363-391, February.
    10. Pérez, Claudia & Claveria, Oscar, 2020. "Natural resources and human development: Evidence from mineral-dependent African countries using exploratory graphical analysis," Resources Policy, Elsevier, vol. 65(C).
    11. Abdulahi, Mohamued Elyas & Shu, Yang & Khan, Muhammad Asif, 2019. "Resource rents, economic growth, and the role of institutional quality: A panel threshold analysis," Resources Policy, Elsevier, vol. 61(C), pages 293-303.
    12. Musayev, Vusal, 2014. "Commodity Price Shocks, Conflict and Growth: The Role of Institutional Quality and Political Violence," MPRA Paper 59786, University Library of Munich, Germany.
    13. Ruba A. Aljarallah & Andrew Angus, 2020. "Dilemma of Natural Resource Abundance: A Case Study of Kuwait," SAGE Open, , vol. 10(1), pages 21582440198, January.
    14. Dell’Anno, Roberto, 2020. "Reconciling empirics on the political economy of the resource curse hypothesis. Evidence from long-run relationships between resource dependence, democracy and economic growth in Iran," Resources Policy, Elsevier, vol. 68(C).
    15. Dwumfour, Richard Adjei & Ntow-Gyamfi, Matthew, 2018. "Natural resources, financial development and institutional quality in Africa: Is there a resource curse?," Resources Policy, Elsevier, vol. 59(C), pages 411-426.
    16. Kolstad, Ivar & Søreide, Tina, 2009. "Corruption in natural resource management: Implications for policy makers," Resources Policy, Elsevier, vol. 34(4), pages 214-226, December.
    17. Kim, Dong-Hyeon & Lin, Shu-Chin, 2017. "Human capital and natural resource dependence," Structural Change and Economic Dynamics, Elsevier, vol. 40(C), pages 92-102.
    18. Elwasila Saeed Elamin Mohamed, 2020. "Resource Rents, Human Development and Economic Growth in Sudan," Economies, MDPI, vol. 8(4), pages 1-21, November.
    19. Khanna, Arpita Asha, 2017. "Revisiting the Oil Curse: Does Ownership Matter?," World Development, Elsevier, vol. 99(C), pages 214-229.
    20. Frederick van der Ploeg, 2011. "Natural Resources: Curse or Blessing?," Journal of Economic Literature, American Economic Association, vol. 49(2), pages 366-420, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:138:y:2017:i:c:p:1-11. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolecon .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.