This paper reviews the recent literature on the developmental effects of resource abundance, assessing likely effects and channels with respect to income inequality, poverty, education, and health. To date, this area has received less analysis although it is relevant to the Sustainable...

In this paper we document the stylized facts about the relationship between international oil price swings, sovereign risk and macroeconomic performance of oil-exporting economies. We show that even though being a bigger oil producer decreases sovereign risk–because it increases a...

A number of studies in the academic and policy literature suggest that resource-rich countries with democratic political systems are more likely than their resource-rich counterparts with less democratic systems to enjoy prudential governance of natural resources, which, in turn, makes inclusive...

The paper is aimed at assessing the impact of capital flows from commercial banks and FDI on sustainable economic growth in ASEAN countries. The study has conducted quantitative secondary analysis on data collected from 1980 to 2018 for Thailand, Vietnam and Malaysia. Descriptive statistics,...