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The political economy of the 'resource curse' : a development perspective

Savoia, Antonio; Sen, Kunal - 2020

This paper reviews the recent literature on the developmental effects of resource abundance, assessing likely effects and channels with respect to income inequality, poverty, education, and health. To date, this area has received less analysis although it is relevant to the Sustainable...

Persistent link: https://www.econbiz.de/10012299602

Resource curse or blessing? : sovereign risk in resource-rich emerging economies

Hamann S., Franz A.; Mendoza, Enrique G.; … - 2018

In this paper we document the stylized facts about the relationship between international oil price swings, sovereign risk and macroeconomic performance of oil-exporting economies. We show that even though being a bigger oil producer decreases sovereign riskâ€“because it increases a...

Persistent link: https://www.econbiz.de/10011950480

From natural resource boom to sustainable economic growth : lessons from Mongolia

Li, Bin; Gupta, Pranav; Yu, Jiangyan - In: International economics : a journal published by CEPII … 151 (2017), pp. 7-25

Persistent link: https://www.econbiz.de/10011793814

Natural resources and wealth inequality : a cross-country analysis

Tadadjeu, Sosson; Ndieupa, Henri Njangang; Asongu, Simplice - 2021

This study investigates the impact of natural resources on wealth inequality as a first attempt on a panel of 45 developed and developing countries over the period 2000-2014. Using the Generalized Method of Moments, the results provide stong evidence that natural resources increase wealth...

Persistent link: https://www.econbiz.de/10012489866

Natural Capital and the Resource Curse

Canuto, Otaviano; Cavallari, Matheus - 2012

An abundance of natural resources is intuitively expected to be a blessing. Nonetheless, it has been argued for some decades that large endowments of natural resources oil, gas, and minerals in particular may actually become more of a curse, often leading to slow economic growth and...

Persistent link: https://www.econbiz.de/10012555141

Tackling the Resource Curse : The Role of Democracy in Achieving Sustainable Development in Resource-Rich Countries

Ahmadov, Anar K. - 2016

A number of studies in the academic and policy literature suggest that resource-rich countries with democratic political systems are more likely than their resource-rich counterparts with less democratic systems to enjoy prudential governance of natural resources, which, in turn, makes inclusive...

Persistent link: https://www.econbiz.de/10012996920

Extending the frontiers of financial development for sustainability of the MENA states : the roles of resource abundance and institutional quality

Onifade, Stephen T.; Gyamfi, Bright Akwasi; Haouas, Ilham; … - 2023

Resource abundance characterizes economies within the MENA region from North Africa to the Middle East. As such, to improve financial development (FD) for regional economic sustainability, this study provides a comprehensive analysis of the roles of natural resources abundance and institutional...

Persistent link: https://www.econbiz.de/10014339312

Natural Resources : Curse or Blessing?

van der Ploeg, Rick - 2013

Are natural resources a “curse” or a “blessing”? The empirical evidence suggests either outcome is possible. The paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a...

Persistent link: https://www.econbiz.de/10013094532

Is mother nature responsible for Africa's predicaments? : pathways to breaking the chains of the resource curse through the lens of good governance, digitalisation and energy trans...

Achuo, Elvis Dze; Tekam Oumbé, Honoré; Ndam, Nembo Leslie - In: Energy strategy reviews 50 (2023), pp. 1-15

As regards the question whether natural resource affluence is a benediction or curse to sustainable development, the jury's verdict is still awaited. While we impatiently await the jury's verdict, this study provides empirical evidence that Mother Nature is responsible for Africa's predicaments...

Persistent link: https://www.econbiz.de/10014563057

Resource curse : a comparative study

Azarhoushang, Behzad; Rukavina, Marko - 2014

examine the viability of Resource Curse theory for Iran, Russia and Norway to see whether natural resources are curse or … Iran with Turkey and Russia with China to illustrate the negative effects of oil revenue on economic performance. The … successful oil rich country shows that efficient institutions can turn natural resource into blessing; while Iran's and Russia …

Persistent link: https://www.econbiz.de/10010229901