The curse of natural resources

A.K. Wick, E.H. Bulte

Research output: Contribution to journalArticleScientificpeer-review


A large literature has developed that documents a negative association between the presence of natural resources and economic development. In this paper we explore the empirics and theories of the so-called resource curse and try to assess its robustness. We conclude that there are many open questions and that the case of the curse needs revision and nuance.
Original languageEnglish
Pages (from-to)139-156
JournalAnnual Review of Resource Economics
Publication statusPublished - 2009


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