Why is natural resource exploitation not yielding greater benefits for the poor economies? In this second edition of his landmark book, Barbier explores this paradox in three parts. Part I gives a historical review of resource use and development, examining current theories that explain the...

Introduction -- Natural resources and developing countries: an overview -- Natural resource-based economic development in history -- Does natural resource dependence hinder economic development? -- Frontier expansion and economic development -- Explaining land use change in developing countries...

This paper presents an integrated overview of the literature linking institutions, financial development and economic growth. From the large body of research on institutional development, the paper first selects those contributions that make it possible to study the role of institutional...