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wealth on economic policy, political development, and civil insurrection. The model emphasizes the role of political entry … about popular support and hence resource wealth can help reduce the deadweight cost of taxation (and hence the cost of … public good provision). On the other hand, natural resource wealth can be a political curse, because it encourages political …
Persistent link: https://www.econbiz.de/10012757849
Several empirical studies have found that when exports are concentrated in natural resources countries experience slower rates of economic growth. Various potential channels for this relationship have been identified including Dutch disease, volatility in the terms of trade, and impacts on...
Persistent link: https://www.econbiz.de/10009782123
Why do rebels vary their tactics? Some insurgents employ terrorism and hit-and run attacks; others wage conventional wars against state rivals. Although recent scholarship studies how the technologies of rebellion differ across insurgencies, we have few explanations for why rebel tactics vary...
Persistent link: https://www.econbiz.de/10013015462
Higher national incomes are correlated with political stability. Is this relationship causal? We test three theories linking income to conflict with new data on export price shocks. Price shocks have no effect on new conflict, even large shocks in high-risk nations. Rising prices, however,...
Persistent link: https://www.econbiz.de/10010949161
Empirical evidence has suggested a “resource curse” exists, in which countries with abundant resources may have higher initial consumption but then grow more slowly. The effect appears to be dependent on a country's political structure. Theoretical models not typically accounted for...
Persistent link: https://www.econbiz.de/10012978831
This paper and associated presentation explores the economic phenomenon of the so called ‘resource curse’. We begin by defining the phrase and outlining the main individual ‘curses’ and their causes to give the reader a broad understanding of what is meant by the phrase. This is followed...
Persistent link: https://www.econbiz.de/10014202386
Large-scale land acquisitions, or "land grabs", concentrate in developing countries which are also known for their corruption-friendly setting caused by a weak institutional framework. We argue that corrupt elites exploit this given institutional set-up to strike deals with international...
Persistent link: https://www.econbiz.de/10010373798
Development economists have found evidence that an abundance in natural resources hinders economic growth, contrary to conventional expectations. This finding is called the resource curse hypothesis. The major questions this paper addresses are: does the resource curse hypothesis apply to...
Persistent link: https://www.econbiz.de/10012942596
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