production in the future. Discovery is therefore valuable and should be considered as adding to national wealth through increases … resource value chain. Many countries will need to improve management along the entire chain if resource wealth is to benefit …

wealth on economic policy, political development, and civil insurrection. The model emphasizes the role of political entry … about popular support and hence resource wealth can help reduce the deadweight cost of taxation (and hence the cost of … public good provision). On the other hand, natural resource wealth can be a political curse, because it encourages political …