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Natural Resources, Oil and Economic Growth in Sub-Saharan Africa

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  • Janda, Karel
  • Quarshie, Gregory

Abstract

This paper takes a critical look at the natural resource curse in countries in sub-Saharan Africa and it highlights the role of institutionalised authority. The paper first provides a comprehensive literature review of natural resource curse, Dutch disease and the role of oil resources in resource curse. This is follow by the description of the relevant economic factors in sub-Saharan Africa, which is taken as prime example of the region with both important oil and other natural resources and with serious economic growth problems.

Suggested Citation

  • Janda, Karel & Quarshie, Gregory, 2017. "Natural Resources, Oil and Economic Growth in Sub-Saharan Africa," MPRA Paper 76748, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:76748
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    References listed on IDEAS

    as
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    1. Courage Mlambo, 2022. "China in Africa: An Examination of the Impact of China’s Loans on Growth in Selected African States," Economies, MDPI, vol. 10(7), pages 1-27, June.

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    More about this item

    Keywords

    Economic Growth; Natural Resources; Oil; Institutions; Sub-Saharan Africa;
    All these keywords.

    JEL classification:

    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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