Weak economic performance of most oil rich countries states that natural resources are more curse than blessing for these countries. Resource curse theory examines the negative effects of rich natural resources on economic growth from an economic and political perspective. Since 1960s...

One symptom of the resource curse, as comparative studies suggest, is that rich mineral resources often contribute to social conflicts and even civil wars, especially in developing countries with weak political institutions. How can resource-rich countries deal with these social conflicts? This...

The term fiscal resource curse refers to countries' inability to raise taxes from a broad base in the presence of natural resources. We employ a novel instrumental variable strategy to estimate the causal effect of resource revenues on non-resource tax effort by exploiting the so-called 'China...

China's rising demand for natural resources and its growing presence in many poor and resource‐rich countries have been criticized for promoting neo‐colonialism in the 21st century. Using panel data for 135 developing countries from 1995 to 2007, the present paper empirically evaluates the...