Natural resources are being discovered in more countries, both rich and poor. Many of the new and aspiring resource exporters are low-income countries that are still receiving substantial levels of foreign aid. Resource discoveries open up enormous opportunities, but also expose producing...

Introduction / Stephan Pfaffenzeller -- The resource curse, commodity prices and economic growth / David I. Harvey, Neil Kellard, Jakob B. Madsen and Mark E. Wohar -- Which terms of trade : recent developments in relative commodity prices / Stephan Pfaffenzeller -- A diversification path for...