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Several empirical studies have found that when exports are concentrated in natural resources countries experience slower rates of economic growth. Various potential channels for this relationship have been identified including Dutch disease, volatility in the terms of trade, and impacts on...
Persistent link: https://www.econbiz.de/10009782123
This paper examines the growth experience of the Central Asian economies after the breakup of the Soviet Union. In particular, it evaluates the impact of being landlocked and resource rich. The main conclusions are: (1) Over the period 1994–2006, the landlocked resourcescarce developing...
Persistent link: https://www.econbiz.de/10008758512
This paper examines the growth experience of the Central Asian economies after the breakup of the Soviet Union. In particular, it evaluates the impact of being landlocked and resource rich. The main conclusions are: (1) Over the period 1994-2006, the landlocked resource-scarce developing...
Persistent link: https://www.econbiz.de/10013136453
Persistent link: https://www.econbiz.de/10014504858
Scholars have typically explained the developmental performance of late-late developers through the analytical lens applied to East Asian developmental states, a lens that focuses on bureaucratic capacity and the bureaucracy's relationship with businesses and with society more broadly. In...
Persistent link: https://www.econbiz.de/10012840772
liberalization and a potential moderating effect of the level of democracy. A simple political-economic model is developed in which …
Persistent link: https://www.econbiz.de/10012543604
The political resource curse is the idea that natural resources can lead to the deterioration of public policies through corruption and rent-seeking by those closest to political power. One prominent consequence is the emergence of conflict. This paper takes this theory to the data for the case...
Persistent link: https://www.econbiz.de/10011958005
We study the spatial distribution of the effect of oil and gas revenues on Brazilian municipalities, using variations … in the international prices of oil and gas to establish causality. Oil and gas revenues increase economic activity …, measured by night-time light emissions, in oil-producing municipalities but impose negative spill-overs on neighbouring …
Persistent link: https://www.econbiz.de/10012436252
The Southern African Development Community (SADC) countries are rich in natural resources and in most of them their extractive industries extract and export natural resources with little industrial processing. This study analyzes the direct and indirect impacts that the extractive industries in...
Persistent link: https://www.econbiz.de/10012266066
This paper reviews some reasons why natural resource abundance and extensive agriculture appear to impede economic growth around the world. The paper presents empirical, cross-sectional evidence of various aspects of this relationship in the transition economies in Central and Eastern Europe and...
Persistent link: https://www.econbiz.de/10013321190