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The "resource curse” is often understood to imply poor growth in the non-resource sectors of the economy, but research into the diversification performance of resource-rich countries is limited. This paper surveys recent evidence and identifies empirical patterns in the economic...
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Natural resource revenues contribute to sustainable development when they are reinvested sufficiently in public services, such as education, that offer long-term social returns. Cross-country evidence suggests that resource-rich countries fail at this, spending less on public services than...
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Coal production rose by a thousandfold over the last four decades in Indonesia. This paper documents the contemporaneous and long-run effects of this tremendous resource boom on children’s educational outcomes using census and district-level panel data. I exploit geographic and temporal...
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