Ruzzante, Matteo; Souza Sobrinho, Nelson Ferreira - 2022
presource curse', id est, natural resources can jeopardize fiscal sustainability even before 'the first drop of oil is pumped …This paper investigates the dynamic impact of natural resource discoveries on government debt sustainability. We use a …-2012, with a global repository of giant oil, gas, and mineral discoveries. We find strong and robust evidence of a 'fiscal …