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Various Aspects of Natural Resource Wealth Effect on Economic Growth
[Различные Аспекты Влияния Богатства Природными Ресурсами На Экономический Рост]

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  • Gvozdeva, Margarita (Гвоздева, Маргарита)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Kazakova, M.V. (Казакова, М.В.)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Kiblitskaya, T.R. (Киблицкая, Т.Р.)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Lyubimov, I.L. (Любимов, И.Л.)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Nesterova, K.V. (Нестерова, К.В.)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

Abstract

In this paper we describe the studies in which the authors answer the question of whether the resource-rich economies indeed, systematically fails to take advantage of such manifestations of luck, as the large-scale flows of resource revenues. Is it true that they are growing slower than they would like, and sometimes even slower than the country in which the size of the revenues from natural resources is much less? And the reason for this relatively slow growth?

Suggested Citation

  • Gvozdeva, Margarita (Гвоздева, Маргарита) & Kazakova, M.V. (Казакова, М.В.) & Kiblitskaya, T.R. (Киблицкая, Т.Р.) & Lyubimov, I.L. (Любимов, И.Л.) & Nesterova, K.V. (Нестерова, К.В.), 2016. "Various Aspects of Natural Resource Wealth Effect on Economic Growth [Различные Аспекты Влияния Богатства Природными Ресурсами На Экономический Рост]," Working Papers 2045, Russian Presidential Academy of National Economy and Public Administration.
  • Handle: RePEc:rnp:wpaper:2045
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