| | | | PROBLEMS OF MODERN ECONOMICS, N 2 (58), 2016 | | | | ISSUES OF ECONOMIC THEORY. MACROECONOMICS | | | Makhova L. A.
Assistant Professor, Chair of Economic Theory, National Mineral Resources University “Gornyi” (St. Petersburg), PhD (Economics)
Khaikin M. M.
Chair of Economic Theory, National Mineral Resources University “Gornyi” (St. Petersburg), PhD (Economics), Professor
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| | | The article focuses on the two major interpretations of the rent-dependent economy. The authors show how a country can get into a “rent trap,” discuss the aspects of the power system generating the rent, formulate the ways of solving the problem of extraction and use of the natural rent to finance social programs and investment projects | | Key words: rent, resources, resource trap, Dutch disease, peripheral character of economy, quasi-rent | | Pages: 74 - 78 |
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