It has been demonstrated that violent crime has profound effects on a number of socioeconomic outcomes. But, does day-to-day crime also shape human capital accumulation? We answer this question in the Indian context by combining multiple years of district-level data on the incidence of various...

In an integrated global economy, specialisation in trade is an increasingly prominent strategy. A labour-abundant, resource-rich economy like Indonesia faces stiff competition for labour-intensive manufactures; meanwhile, rapid growth in demand for resources from China and India exposes it to...

This How to Note provides operational guidance for policymakers and IMF staff teams on designing-or revising-a fiscal strategy in resource-rich countries (RRC). Properly managed, resource revenue can support fiscal sustainability and development and equity objectives. Resource revenues also...

"Resource curse", "Dutch disease", "gold rush", "blood diamonds" - those are just some of the epithets used to characterise the role of natural resources in economic development. They certainly do not set a positive tone for a constructive discussion. The purpose of this report is to change that...

We combine the resource curse literature with the literature on cross-border mergers and acquisitions (M&As) to investigate two hypotheses, namely (i) natural resources wealth: countries with a comparative advantage in natural resources attract more M&As in natural resource intensive sectors and...