The resource curse revisited: governance and natural resources
نویسندگان
چکیده
منابع مشابه
The curse of natural resources
This paper summarizes and extends previous research that has shown evidence of a `curse of natural resourcesa } countries with great natural resource wealth tend nevertheless to grow more slowly than resource-poor countries. This result is not easily explained by other variables, or by alternative ways to measure resource abundance. This paper shows that there is little direct evidence that omi...
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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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It is commonly assumed that countries are blessed if they have an abundant reserve of natural resources. Poorer countries may be jealous of the luxurious living standard that comes from oil in the Middle East, which seems to be an easy success. At the same time, we are amazed at how gold and diamonds are concentrated in African countries through our classes in geography. However, despite such h...
متن کاملGovernance of natural resource
The concept of good governance has increasingly come to be seen as an essential ingredient of principles guiding natural resource management. Governance is a term that does not lend itself to an easy definition. Perspectives on debates in governance have varied; however, essentially questions of governance of natural resources revolve around such issues as improving the effectiveness of the bur...
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ژورنال
عنوان ژورنال: Public Choice
سال: 2011
ISSN: 0048-5829,1573-7101
DOI: 10.1007/s11127-011-9804-0