This paper examines how the dismantling of coercive institutions associated with the end of apartheid in South Africa in 1994 affected the distribution of rents from natural resource exports. It identifies the interplay between coercive institutions and natural resource rents as an important...

Property rights are the most fundamental institution in any society. They determine who has decision-making authority over assets and who bears the costs and benefits of those decisions. They assign ownership, wealth, political influence, and social standing. They make markets possible; define...

1. Introduction: natural resources and economic development : what can we learn from history? / Henry Willebald, Marc Badia-Miro and Vicente Pinilla -- 2. From resource curse to rent curse : a theoretical perspective / Richard M. Auty -- 3. Scarcity, frontiers and the resource curse : a...

This book rejects the idea that natural resource industries are doomed to slow growth. Rather, it examines the case of Norway to demonstrate that such industries can prove highly innovative and dynamic. Here, the case is compellingly made that a key empirical problem with the popular ‘resource...

This paper examines how the dismantling of coercive institutions associated with the end of apartheid in South Africa in 1994 affected the istribution of rents from natural resource exports. It identifies the interplay between coercive institutions and natural resource rents as an important...