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The electric vehicle revolution: Economic and policy implications for natural resource exporters in developing countries

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  • Benjamin Jones

Abstract

The emergence of a mass market for electric vehicles (EVs) offers considerable development opportunities for resource exporters, given their intensive raw material requirements, including for cobalt, nickel, lithium, copper, aluminium, and manganese. To exploit the benefits of new demand, empirical evidence on the 'resource curse' increasingly points to the benefits of strengthening institutions for effective policy management and to mitigate the risk of poorly directed, often excessively procyclical, investment.

Suggested Citation

  • Benjamin Jones, 2020. "The electric vehicle revolution: Economic and policy implications for natural resource exporters in developing countries," WIDER Working Paper Series wp-2020-158, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2020-158
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    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2020-158.pdf
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    References listed on IDEAS

    as
    1. Frederick van der Ploeg, 2011. "Natural Resources: Curse or Blessing?," Journal of Economic Literature, American Economic Association, vol. 49(2), pages 366-420, June.
    2. Anne D. Boschini & Jan Pettersson & Jesper Roine, 2007. "Resource Curse or Not: A Question of Appropriability," Scandinavian Journal of Economics, Wiley Blackwell, vol. 109(3), pages 593-617, September.
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    Cited by:

    1. Tony Addison & Alan R. Roe, 2024. "Extractive industries: imperatives, opportunities, and dilemmas in the net-zero transition," WIDER Working Paper Series wp-2024-26, World Institute for Development Economic Research (UNU-WIDER).
    2. Andrew Mwaba & Steve Kayizzi-Mugerwa, 2021. "Boosting mineral revenues in Zambia: Policy options for a sustainable fiscal regime," WIDER Working Paper Series wp-2021-178, World Institute for Development Economic Research (UNU-WIDER).

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    More about this item

    Keywords

    Transportation; Raw materials; Resource curse; Policy; Resource mobilization;
    All these keywords.

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