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The Resource Curse Hypothesis: Evidence from Ecuador

Author

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  • Andrea Cori

    (Department of Economics, University of Roma 3, Italy.)

  • Salvatore Monni

    (Department of Economics, University of Roma 3, Italy.)

Abstract

The aim of this work is to evaluate the economic stability of the choices made by the Government of Ecuador regarding the management of natural resources in the context of the Revolucion Ciudadana designed to create a society based on Buen Vivir. The choice of an intensification of the mining sector not only shows a change in the government’s perspective (from Sumak Kawsayto sustainable development), but also requires an analysis that highlights the possible risks outlined in the recent theory defined as the Resource Curse Hypothesis. Indeed, in this work, the structural conditions, which the reference theoretical framework suggests are essential to avoiding the Resource Curse Hypothesis, will be analysed in order to assess the economic effectiveness of the change of perspective implemented in the Revolucion Ciudadana.

Suggested Citation

  • Andrea Cori & Salvatore Monni, 2014. "The Resource Curse Hypothesis: Evidence from Ecuador," SEEDS Working Papers 2814, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Oct 2014.
    • Handle: RePEc:srt:wpaper:2814
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    References listed on IDEAS

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    Cited by:

    1. Martina Iorio & Salvatore Monni & Barbara Brollo, 2018. "The Brazilian Amazon: a resource curse or renewed colonialism?," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 5(3), pages 438-451, March.
    2. Salvatore Monni & Luca Serafini, 2017. "The relationship between Ecuador and China: a dangerous alliance?," SEEDS Working Papers 0917, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Dec 2017.
    3. Villalba-Eguiluz, C. Unai & Etxano, Iker, 2017. "Buen Vivir vs Development (II): The Limits of (Neo-)Extractivism," Ecological Economics, Elsevier, vol. 138(C), pages 1-11.

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    More about this item

    Keywords

    Buen Vivir; Ecuador; Human Capital; Natural resources; Sustainability; Resource Curse Hypothesis; Sumak Kawsay;
    All these keywords.

    JEL classification:

    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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