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Addressing the Natural Resource Curse : An Illustration From Nigeria

Subramanian, Arvind - 2003

Some natural resources-oil and minerals in particular-exert a negative and nonlinear impact on growth via their deleterious impact on institutional quality. We show this result to be very robust. The Nigerian experience provides telling confirmation of this aspect of natural resources. Waste and...

Persistent link: https://www.econbiz.de/10014403854

The "fiscal presource curse" : giant discoveries and debt sustainability

Ruzzante, Matteo; Souza Sobrinho, Nelson Ferreira - 2022

This paper investigates the dynamic impact of natural resource discoveries on government debt sustainability. We use a 'natural experiment' framework in which the timing of discoveries is treated as an exogenous source of within-country variation. We combine data on government debt, fiscal...

Persistent link: https://www.econbiz.de/10013170580

Corruption Around the World : Causes, Consequences, Scope, and Cures

Tanzi, Vito - 1998

Corruption is attracting a lot of attention around the world. The paper surveys and discusses issues related to the … causes, consequences, and scope of corruption and possible corrective actions. It emphasizes the costs of corruption in terms … of economic growth. It also emphasizes that the fight against corruption may not be cheap and cannot be independent from …

Persistent link: https://www.econbiz.de/10014400769

Corruption, Growth, and Public Finances

Tanzi, Vito - 2000

The paper discusses some channels through which corruption affects growth such as the impact of corruption on … enterprises, on the allocation of talent, and on investment. It also discusses the impact of corruption on some aspects of public …

Persistent link: https://www.econbiz.de/10014403515

Corruption, Structural Reforms, and Economic Performance in the Transition Economies

Abed, George T. - 2000

Recent studies have highlighted the adverse impact of corruption on economic performance. This paper advances the … hypothesis that corruption is largely a symptom of underlying weaknesses in public policies and institutions, a formulation that … provides deeper insights into economic performance than do measures of “perceived corruption.” The hypothesis is tested by …

Persistent link: https://www.econbiz.de/10014399961

Sharing resource wealth inclusively within and across generations

Pouokam, Nathalie - 2021

This paper discusses the main challenges faced by resource-rich nations in promoting equity; describes policy tools available for managing exhaustible natural resources; and analyzes the relationship between resource wealth and state fragility. It is argued that human capital accumulation,...

Persistent link: https://www.econbiz.de/10012604778

Ghana : will it be gifted or will it be cursed?

Aydin, Burcu - 2011

Persistent link: https://www.econbiz.de/10009486324

Do resource windfalls improve the standard of living in Sub-Saharan African countries? : evidence from a panel of countries

Lee, Munseob; Gueye, Cheikh - 2015

Persistent link: https://www.econbiz.de/10011281165

Harnessing resource wealth for inclusive growth in fragile states

Deléchat, Corinne; Yang, Shu-Chun S.; Clark, Will; … - 2015

Persistent link: https://www.econbiz.de/10011282781

Can the Natural Resource Curse Be Turned Into a Blessing? : The Role of Trade Policies and Institutions

Arezki, Rabah - 2007

We criticize existing empirical results on the detrimental effects of natural resource dependence on the rate of economic growth after controlling for institutional quality, openness, and initial income. These results do not survive once we use instrumental variables techniques to correct for...

Persistent link: https://www.econbiz.de/10014400351

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