IDEAS home Printed from https://ideas.repec.org/a/aii/ijcmss/v6y2015i3p81-87.html

The Global Institutional Order and the Problem of Resource Curse

Author

Listed:
  • Frank Aragbonfoh Abumere

    (Freelance Researcher on Global Governance. Bielefeld, Germany.)

Abstract

This paper is aimed at analysing the role of the global institutional order in resource curse. To achieve this aim, the author discussed the complexity of resource curse and the multifaceted nature of the activities that cause resource curse. Despite the complexity of resource curse and the multifaceted nature of the activities that cause resource curse, the particular role of the global institutional order is identified, among different causal roles played by different agents, and thus attributed causal responsibility to the global institutional order. This attribution of causal responsibility is based on the implicit argument, which pervades this paper, that any actor or agent that contributes to causing resource curse is responsible on the ‘level’, and to the extent, the actor or agent contributes to causing resource curse.

Suggested Citation

  • Frank Aragbonfoh Abumere, 2015. "The Global Institutional Order and the Problem of Resource Curse," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 6(3), pages 81-87, September.
    • Handle: RePEc:aii:ijcmss:v:6:y:2015:i:3:p:81-87
    as

    Download full text from publisher

    File URL: http://scholarshub.net/index.php/ijcms/article/view/137/131
    Download Restriction: no
    File URL: http://scholarshub.net/index.php/ijcms/article/view/137
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sachs, J-D & Warner, A-M, 1995. "Natural Resource Abundance and Economic Growth," Papers 517a, Harvard - Institute for International Development.
    2. Krueger, Anne O, 1974. "The Political Economy of the Rent-Seeking Society," American Economic Review, American Economic Association, vol. 64(3), pages 291-303, June.
    3. Auty, R. & Warhurst, A., 1993. "Sustainable development in mineral exporting economies," Resources Policy, Elsevier, vol. 19(1), pages 14-29, March.
    4. Xavier Sala-i-Martin & Arvind Subramanian, 2013. "Addressing the Natural Resource Curse: An Illustration from Nigeria," Journal of African Economies, Centre for the Study of African Economies, vol. 22(4), pages 570-615, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mignamissi, Dieudonné & Malah Kuete, Yselle Flora, 2021. "Resource rents and happiness on a global perspective: The resource curse revisited," Resources Policy, Elsevier, vol. 71(C).
    2. Steinberg, Daniel, 2017. "Resource shocks and human capital stocks – Brain drain or brain gain?," Journal of Development Economics, Elsevier, vol. 127(C), pages 250-268.
    3. Aaron Yao Efui Ahali & Ishmael Ackah, 2015. "Are They Predisposed to the Resources Curse? Oil in Somalia," International Journal of Energy Economics and Policy, Econjournals, vol. 5(1), pages 231-245.
    4. Wei Xu & Xinyu Li, 2025. "Assessing How Educational Attainment Drives Economic Freedom, Urbanization, and Mineral Resource Management in Eastern Europe," Sustainability, MDPI, vol. 17(10), pages 1-26, May.
    5. Achuo, Elvis & Nchofoung, Tii & Asongu, Simplice & Dinga, Gildas, 2021. "Unravelling the Mysteries of Underdevelopment in Africa," MPRA Paper 111556, University Library of Munich, Germany.
    6. Li, Zongyun & Rizvi, Syed Kumail Abbas & Rubbaniy, Ghulame & Umar, Muhammad, 2021. "Understanding the dynamics of resource curse in G7 countries: The role of natural resource rents and the three facets of financial development," Resources Policy, Elsevier, vol. 73(C).
    7. Chi-Swian Wong, 2021. "Science Mapping: A Scientometric Review on Resource Curses, Dutch Diseases, and Conflict Resources during 1993–2020," Energies, MDPI, vol. 14(15), pages 1-48, July.
    8. Nchofoung, Tii N. & Achuo, Elvis Dze & Asongu, Simplice A., 2021. "Resource rents and inclusive human development in developing countries," Resources Policy, Elsevier, vol. 74(C).
    9. Mohammad Imdadul HAQUE & Bashir Umar FARUK & Mohammad Rumzi TAUSIF, 2022. "A Revisit To The Resource Curse Dilemma In The Mena Region, For 2008-2014," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 22(1), pages 81-104.
    10. Clovis Wendji Miamo & Elvis Dze Achuo, 2022. "Can the resource curse be avoided? An empirical examination of the nexus between crude oil price and economic growth," SN Business & Economics, Springer, vol. 2(1), pages 1-23, January.
    11. Christian Hubert Ebeke & Luc Désiré Omgba, 2011. "Oil rents, governance quality, and the allocation of talents in developing countries," CERDI Working papers halshs-00616587, HAL.
    12. Zhao, Xin & Shang, Yuping & Song, Malin, 2020. "Industrial structure distortion and urban ecological efficiency from the perspective of green entrepreneurial ecosystems," Socio-Economic Planning Sciences, Elsevier, vol. 72(C).
    13. Mamipour, Siab & Yahoo, Masoud & Mahmoudi, Sahar, 2021. "Modeling for policy: Managing volatile oil windfalls in a resource-rich developing country," Resources Policy, Elsevier, vol. 74(C).
    14. Lay, Jann & Omar Mahmoud, Toman, 2004. "Bananas, oil, and development: examining the resource curse and its transmission channels by resource type," Kiel Working Papers 1218, Kiel Institute for the World Economy (IfW Kiel).
    15. Wu, Sanmang & Lei, Yalin, 2016. "Study on the mechanism of energy abundance and its effect on sustainable growth in regional economies: A case study in China," Resources Policy, Elsevier, vol. 47(C), pages 1-8.
    16. Cockx, Lara & Francken, Nathalie, 2016. "Natural resources: A curse on education spending?," Energy Policy, Elsevier, vol. 92(C), pages 394-408.
    17. Kaznacheev, Peter, 2013. "Resource Rents and Economic Growth: Economic and institutional development in countries with a high share of income from the sale of natural resources. Analysis and recommendations based on internatio," EconStor Research Reports 121950, ZBW - Leibniz Information Centre for Economics.
    18. Thorvaldur Gylfason & Jean-Pascal Nguessa Nganou, 2014. "Diversification, Dutch Disease, and Economic Growth: Options for Uganda," CESifo Working Paper Series 5095, CESifo.
    19. Mohsen Mehrara, Mohsen & Alhosseini, Seyedmohammadsadegh & Bahramirad, Duman, 2008. "Resource curse and institutional quality in oil countries," MPRA Paper 16456, University Library of Munich, Germany, revised Mar 2009.
    20. Ebeke, Christian & Omgba, Luc Désiré & Laajaj, Rachid, 2015. "Oil, governance and the (mis)allocation of talent in developing countries," Journal of Development Economics, Elsevier, vol. 114(C), pages 126-141.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aii:ijcmss:v:6:y:2015:i:3:p:81-87. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mr. Asif Anjum (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.