Abstract
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 language | English |
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Pages (from-to) | 139-156 |
Journal | Annual Review of Resource Economics |
Volume | 1 |
Publication status | Published - 2009 |