An abundance of natural resources is intuitively expected to be a blessing. Nonetheless, it has been argued for some decades that large endowments of natural resources oil, gas, and minerals in particular may actually become more of a curse, often leading to slow economic growth and redistributive struggles (including armed conflict). Over the years, vast empirical literature has addressed this "paradox." The literature has had to rely on proxies...
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INFORMATION
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2012/05/01
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Fiche
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69260
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1
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1
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2012/05/30
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Disclosed
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Natural capital and the resource curse
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Poverty Reduction & Economic Management
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