The paper analyses the impact of natural resource abundance on selected governance indicators. In contrast to earlier studies that are mainly confined to cross-sectional analysis, we use a panel data set with a large number of countries and an extended period of time. Moreover, we employ an...

"A re-conceptualisation of the widely-held concept of the "resource curse," which contends that resource booms inevitably lead to numerous political, social and economic problems. This book counters that these problems are by no means inevitable, but are rather the direct result of specific...