The Political Resource Curse

The Political Economy of the Natural Resource Curse: An Interpretive Survey

The Political Economy of the Natural Resource Curse: A Survey of Theory and Evidence

This survey focuses on political economy theories of the resource curse and scrutinizes how well, or poorly, these theories have been integrated with empirical work. One reason why this integration is important lies in the practical importance of pinning down the causal links involved in the resource curse. A second reason for focusing on integration of theory and empirics is that the resource ...

Avoiding the Resource Curse – Political and Economic, Domestic and International Factors to Foster Competitive Arrangements

Once an economy starts to specialize heavily in the extraction and export of natural resources, several negative repercussions in the wider domestic economy tend to arise. Such problems are often described as the “paradox of plenty” or the “resource curse” and they have occurred both in developed and developing countries. This paper summarizes the current debates surrounding the “resource curse...

The Resource Curse: A Statistical Mirage? Resources

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...

The Natural Resource Curse: A Survey

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 ...