The Resource Curse and its Potential Reversal

نویسندگان
چکیده

منابع مشابه

Corruption, the resource curse and genuine saving

Genuine saving is a measure of net investment in produced, natural and human capital. It is a necessary condition for weak sustainable development that genuine saving not be persistently negative. However, according to data provided by the World Bank, resource-rich countries are systematically failing to meet this condition. Alongside the well-known resource curse on economic growth, resource a...

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We propose and investigate a new channel through which the resource curse a stylized fact that countries rich in natural resources grow slower operates. Predatory governments are more likely to expropriate corporate profits in natural resource industries when the price of resources is higher. Corporations whose profits are more dependent on the price of resources can mitigate the risk of exprop...

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ژورنال

عنوان ژورنال: World Development

سال: 2013

ISSN: 0305-750X

DOI: 10.1016/j.worlddev.2012.10.007