The Political Economy of the Resource Curse: A Development Perspective

نویسندگان

چکیده

This article reviews the recent literature on developmental effects of resource abundance, assessing likely and channels with respect to key development outcomes. To date, this area has received less analysis, although it is relevant United Nations’ Sustainable Development Goals agenda, as a significant number world's poor live in African resource-rich economies. We argue that presence natural sector per se does not necessarily translate into worse The experience varies extent. Countries similar levels rents can end up significantly different achievements terms income inequality, poverty, education, health. challenge explain experiences. A pivotal mechanism behind resources type states political institutions resource-abundant economies develop.

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ژورنال

عنوان ژورنال: Annual Review of Resource Economics

سال: 2021

ISSN: ['1941-1359', '1941-1340']

DOI: https://doi.org/10.1146/annurev-resource-100820-092612