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explore the case of Peru, a mining-rich middle income country where -exploiting a unique data set constructed for this purpose …- we are able to assess systematic differences in district-level welfare outcomes between mining and non-mining districts …. We find evidence that the condition of being mining-abundant district have a significant impact on the pace of reduction …
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States' fiscal capacity plays a pivotal role in developing economies, but it is less clear what its determinants are or what explains cross-country differences. We focus on the impact of natural resources. Standard arguments suggest that natural resources rents may reduce incentives to invest in...
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In common with several other low-income African economies, in recent years Mozambique has seen a significant expansion of interest and investment in its long-established extractives industries. Huge new gas finds in particular have led to expectations that these industries will contribute very...
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