Jo Burgess

Jo Burgess (Barbier) is an Assistant Professor in the Department of Economics at Colorado State University (CSU), where she is also affiliated with the School of Global Environmental Sustainability (SoGES). Dr Burgess is an environmental and resource economist with special interests in forest land use, wildlife management, trade and environment, and environmental risk management. She received her PhD in Economics from University College London. Dr Burgess has held positions as an economist in the London Environmental Economics Center (LEEC) of the International Institute for Environment and Development (IIED), the Environment Department at University of York, and the Department of Economics at University of Wyoming. She has served as a consultant and policy analyst for a variety of national, international and non-governmental agencies, including UN organizations, the World Bank and the OECD.

Papers Published in World Economics:

How Can Sovereign Wealth Funds Mitigate Natural Capital Depreciation in Developing Countries?

Key indicators of economic performance for resource-rich developing economies are net national income and savings that are adjusted for natural capital depreciation. These indicators vary inversely with the reliance of developing countries on primary product exports, suggesting that highly resource-dependent economies are not expanding physical and human capital sufficiently to compensate for declining natural capital. Natural resource-based sovereign wealth funds can mitigate the impacts of natural capital depreciation on the economic performance of resource-dependent developing economies. But to do so, the overall management practices, governance and transparency of these funds must improve.

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