The Curse of Natural Resources
A large literature has developed that documents a negative association between the presence of natural resources and economic development. In this paper we explore the empirics and theories of the so-called resource curse and try to assess its robustness. We conclude that there are many open questions and that the case of the curse needs revision and nuance.
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Volume (Year): 1 (2009)
Issue (Month): 1 (September)
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