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stability, and conflict risk; and third, to assess how prospective political transitions have implications for the World Bank …
Persistent link: https://www.econbiz.de/10011395031
Persistent link: https://www.econbiz.de/10009409497
stability, and conflict risk; and third, to assess how prospective political transitions have implications for the World Bank …
Persistent link: https://www.econbiz.de/10012975862
We suggest a dynamic game theoretic model to explain why resource abundance may lead to instability of democracy. Stationary Markov perfect equilibria of this game with four players – Politician, Oligarch, Autocrat and Public (voters) – are analyzed. Choosing a rate of resource rent tax,...
Persistent link: https://www.econbiz.de/10014186358
This chapter discusses whether the Middle East and North African (MENA) countries are prone to be cursed or blessed by their natural resources endowments. It thus reviews the literature on the resource curse theory. The existence of a resource curse is discussed and arguments against advocates...
Persistent link: https://www.econbiz.de/10012591338
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
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MENA is one of the richest regions in the world in terms of natural resources: it holds more than 60 percent of the … world's proven oil reserves, mostly located in the Gulf region, and nearly half of gas reserves. Oil represents 80 … -- References -- Chapter 2 Resource Abundance and Growth: Benchmarking MENA with the Rest of the World -- Benchmarking MENA's Long …
Persistent link: https://www.econbiz.de/10012690252
Persistent link: https://www.econbiz.de/10009792646
In the paper, I explored links between inflow of FDI, natural resource abundance and economic growth. The paper is an attempt to analyze a lager sample of 106 countries and investigate the impact of FDI inflow on the economic growth of the host country. Further, natural resource abundance is...
Persistent link: https://www.econbiz.de/10010461224