Sustainable resource consumption is important for the development of the financial system. Besides, an advanced financial system eases the transfer of revenues from production activities and export to productive investments. The influence of natural resource (NR) abundance on financial...

In the context of exports expansion, we want to evaluate the ability of natural resource-abundant countries to reduce their dependence on natural resource exploitation in the long run. Specifically, we measure exports diversification in Chile and Norway in order to measure how they responded to...

Globalization and catching up -- The key institution -- New developmentalism -- The tendency of the exchange rate toward overvaluation -- The Dutch disease -- Foreign savings and slow growth -- Foreign savings and financial crises

When the Third World fell behind -- The first global century up to 1913 -- Biggest Third World terms of trade boom ever? -- The economics of Third World growth engines and dutch diseases -- Measuring third world de-industrialization and Dutch disease -- An Asian de-industrialization illustration...