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This article outlines those economic losses and attempts to impress upon the reader the potential for further disruptions at a regional level. There is a wasted economic potential in the youthful and increasingly well educated populations of Muslim countries, confined to poverty and handouts...
Persistent link: https://www.econbiz.de/10010965626
According to conventional wisdom, strategic natural resources like oil are harmful to international peace. Nonetheless … impact of oil on militarized interstate disputes on a monadic level of analysis, this paper shows that oil in fact influences … the conflict potential between countries. Results of logistic regressions suggest that a high absolute oil production is …
Persistent link: https://www.econbiz.de/10010275946
has been the role of natural resource revenues, especially oil. Countries as diverse as Angola, Azerbaijan, Chad, Iraq …, Kazakhstan, Nigeria, and Timor-Leste have seen huge rises in military expenditure on the back of rapidly increasing oil revenues … of oil revenues and other economic and security factors from 1975 to 2008. We find some evidence that oil revenues have …
Persistent link: https://www.econbiz.de/10010941294
has been the role of natural resource revenues, especially oil. Countries as diverse as Angola, Azerbaijan, Chad, Iraq …, Kazakhstan, Nigeria, and Timor-Leste have seen huge rises in military expenditure on the back of rapidly increasing oil revenues … of oil revenues and other economic and security factors from 1975 to 2008. We find some evidence that oil revenues have …
Persistent link: https://www.econbiz.de/10009395403
Venezuela is a textbook example of a resource-dependent country—between 1950 and 2008, oil generated over a trillion … dollars of income for the state. Nevertheless, Venezuela currently combines an economy that is stagnant, despite high oil … prices, with an increasingly authoritarian government. The authors argue that large oil rents that accrue to the state …
Persistent link: https://www.econbiz.de/10010610694
analysis shows that the presence and location of oil are significant and quantitatively important predictors of inter …
Persistent link: https://www.econbiz.de/10010659016
analysis shows that the presence and location of oil are significant and quantitatively important predictors of inter …
Persistent link: https://www.econbiz.de/10011083646
often contrasted, with foreign aid-dependent Mozambique hailed a success compared to oil rentier Angola. This paper … partly through high rent capture and incipient socialization of massive oil rents. We conclude by discussing the likely …
Persistent link: https://www.econbiz.de/10010191185
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