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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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Hawthorn and Paul Seabright -- Development, democracy and civil society in Botswana / John D. Holm -- Dilemmas of democratic …
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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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We theoretically and empirically examine the relationship between natural resource revenues and financial development. In the theoretical part, we present a politico-economic model in which contract enforcement is low and decreasing in resource revenues when political institutions are poor, but...
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