"For over eighty years the Arab region has derived massive wealth from its natural resources, yet the region's economies remain little diversified, while the oil market is experiencing major structural shifts with the advent of shale gas. Moreover, the resource itself is eventually exhaustible....

By focusing on a half-century of recent Latin American economic history, this book presents a multidisciplinary approach to examining the relentless pursuit of development in the Global South and aims to revitalise the academic debate on whether having abundant natural resources is a blessing or...