Benefiting the Resource Rich: How can International Development Policy Help Tame the Resource Curse?
نویسندگان
چکیده
منابع مشابه
Poor little rich countries: another look at the ‘resource curse’
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For some time, there was considerable debate over whether the resource curse existed at all. However, recent findings indicate that the resource curse is a very real problem that mainly affects states with weak institutions and poses important questions for US policymakers. Countries that depend on natural resources experience less growth, less democracy, and more war when they have weak instit...
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A surprising feature of resource-rich economies is slow growth. It is often argued that natural-resource production impedes development by creating market or institutional failures. This paper establishes an alternative explanation a slow-growing resource sector. A declining resource sector is disproportionally re ected in resource-dependent countries but appears to have little a ect on the res...
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It is striking how often countries with oil or other natural resource wealth have failed to grow more rapidly than those without. This is the phenomenon known as the Natural Resource Curse. The principle is not confined to individual anecdotes or case studies, but has been borne out in econometric tests of the determinants of economic performance across a comprehensive sample of countries. The ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2011
ISSN: 1556-5068
DOI: 10.2139/ssrn.1761007