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Resource curse [PDF]

open access: possibleTransition, 2012
Are natural resources a blessing or a curse? As a matter of fact, few countries with abundant natural resources have succeeded in combining growth and development. What may account for this apparent paradox? Our analysis suggests that the institutional development of a country (at the time of the discovery of the natural resources) is the key factor ...
null Ralph, null Coyle
  +4 more sources

The Curse of Natural Resources

Annual Review of Resource Economics, 2009
A large literature has developed that documents a negative association between the presence of natural resources and economic development. In this paper we explore the empirics and theories of the so-called resource curse and try to assess its robustness.
Wick, A.K., Bulte, E.H.
openaire   +3 more sources

The resource curse

The Adelphi Papers, 2005
A generous endowment of natural resources should favour rapid economic and social development. The experience of countries like Angola and Iraq, however, suggests that resource wealth often proves a curse rather than a blessing. Billions of dollars from resource exploitation benefit repressive regimes and rebel groups, at a massive cost for local ...
Davis, GA, Tilton, JE
openaire   +3 more sources

The resource curse

2018
The resource curse, or paradox of plenty, refers to the long-established notion central in development economics that countries rich in natural resources, particularly minerals and fuels, perform less well economically than countries with fewer natural resources. In other words, resources are an economic curse rather than a blessing.
openaire   +3 more sources

Resource Curse

2021
Enrico V. Gloria, Aries A. Arugay
openaire   +1 more source

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