Abstract
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. We conclude that there are many open questions and that the case of the curse needs revision and nuance
| Original language | English |
|---|---|
| Pages (from-to) | 139-155 |
| Journal | Annual Review of Resource Economics |
| Volume | 1 |
| DOIs | |
| Publication status | Published - 2009 |
Keywords
- economic-growth
- civil-war
- developing-countries
- export instability
- commodity prices
- dutch disease
- rent-seeking
- institutions
- conflict
- africa
