Phenomenon Of Plenty: Theory And Diagnosis
Present study theoretically explores and empirically diagnoses the Phenomenon of Plenty - paradox of below-potential economic performance of nations generously endowed with natural resources, focusing on oil-rich CIS members: Russia, Azerbaijan, and Kazakhstan. Extending theoretical structure to proposed Four-Component Process it reports existence of direct de-servisation finding previously overlooked cause of oil paradox - downturn of non-tradable sector long-time lacking production forces. Application of elaborated 5-Sign Algorithm for Diagnosis of the Phenomenon of Plenty elicits its presence across evaluated nations.
Volume (Year): 9 (2011)
Issue (Month): 3 (August)
|Contact details of provider:|| Web page: http://academicpublishingplatforms.com/journal.php?journal=PIEB|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:pdc:jrpieb:v:9:y:2011:i:3:p:23-29. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jaroslav Holecek)
If references are entirely missing, you can add them using this form.