This paper examines oil-dependence and civil conflict in Nigeria focusing on the economic dynamics of resource-induced conflicts. It identifies two dimensions to oil-related civil conflict in the country. The first is the violent rent-seeking political violence that oil-availability generates...

This is a study about the growth of oil industry and its economic and political repercussions in Brazil. It combines an industrial analysis with an empirical assessment of the impact of oil royalties on municipal fiscal transparency in Brazil.This paper begins with an overview of the future of...

Does natural resource abundance decrease Latin American Foreign Direct Investment? This paper studies the effects of natural resource abundance on foreign direct investment (FDI), by focusing on inequality as the channel that links these two variables. Two arguments in the literature inspire...

Common sense and economic theory suggest large revenues from natural resource projects should generate economic progress and development. Yet much evidence argues the opposite and that resource-rich countries suffer from 'resource curse'. This paper provides a survey of the academic literature...