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Economic growth stimulated by natural resources

Author

Listed:
  • Daniela Corrêa
  • Gilberto Tadeu Lima

Abstract

Botswana was the fastest growing economy in the world in the 1966-1989 period. Even though the discovery and exploitation of large diamond reserves had played an essential role in such an impressive performance, favorable economic, political and institutional conditions allowed the use of the resulting large export revenues as a lever for economic growth, though not for development. JEL Classification: O11; O13; O55.

Suggested Citation

  • Daniela Corrêa & Gilberto Tadeu Lima, 2010. "Economic growth stimulated by natural resources," Brazilian Journal of Political Economy, Center of Political Economy, vol. 30(2), pages 329-339.
    • Handle: RePEc:ekm:repojs:v:30:y:2010:i:2:p:329-339:id:445
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    More about this item

    Keywords

    natural resources; economic growth; development;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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