Natural resource abundance can lead to strong economic growth if resource rents are well invested in physical assets and other forms of productive capital. This paper focuses on the case of the resource-abundant economies in Eurasia, which has been less documented in the literature on natural resource-led development than other parts of the world. The analysis shows that the stock of productive physical assets is relatively low, contrary to common...
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INFORMATION
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2013/08/01
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Document de travail de recherche sur les politiques
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WPS6586
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1
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1
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2013/08/01
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Disclosed
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Natural resources, physical capital and institutions : evidence from Eurasia
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public capital
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