The resource curse:

'The Resource Curse' refers to the long-established notion central in development economics that countries rich in natural resources, particularly minerals and fuels, perform less well economically than countries with fewer natural resources. In other words, resources are an economic curse...

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Bibliographic Details
Main Author: Murshed, Syed Mansoob 1958- (Author)
Format: Electronic eBook
Language:English
Published: Newcastle upon Tyne Agenda Publishing 2023
Series:Economy, key ideas
Subjects:
Online Access:DE-12
DE-473
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Summary:'The Resource Curse' refers to the long-established notion central in development economics that countries rich in natural resources, particularly minerals and fuels, perform less well economically than countries with fewer natural resources. In other words, resources are an economic curse rather than a blessing. This short primer explores the complexities of this idea and the debates that surround it, in particular under what conditions the resource curse might operate, if not universal. Discussion ranges over the nature of resource booms, the benefits and costs of export-led growth, the problems of deindustrialisation and manufacturing base erosion, rent-seeking behaviour and corruption and the empirical evidence of the effects of natural resource dependence on growth
Item Description:Previously issued in print: 2018. - Includes bibliographical references and index
Physical Description:1 Online-Ressource (vii, 159 Seiten) Illustrationen
ISBN:9781911116509
DOI:10.1017/9781911116509

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