• Corpus ID: 150592619

The ‘Resource Curse’: Theory and Evidence

  • Published 16 December 2010
  • Economics, Political Science

Tables from this paper

table 1

32 Citations

Testing the resource curse hypothesis in central africa, resource curse , staple thesis and rentier politics in africa.

  • Highly Influenced

The “resource curse” from the oil and natural gas sector: how can Tanzania avoid it in reality?

Will uganda succumb to the resource curse critical reflections, chinese influence on the african “resource curse”, an econometric analysis of oil/non-oil sectors and economic growth in the gcc: evidence from saudi arabia and the uae, does natural resource influence conflict in africa evidence from panel nonlinear relationship, the impact of oil price changes, economic growth, financial development and trade on iraq’s economy, political economy of resource curse and dialectics of crude oil dependency in nigeria, international journal of social science and economic research, 25 references, cursing the blessings natural resource abundance, institutions, and economic growth, oil abundance and violent political conflict: a critical assessment, natural resource abundance and economic growth, oil windfalls: blessing or curse, patterns of rent extraction and deployment in developing countries: implications for governance, economic policy and performance, factor endowments: institutions, and differential paths of growth among new world economies: a view from economic historians of the united states, the political economy of poverty, equity, and growth : five small open economies, trade structure and growth, the paradox of plenty: oil booms and petro-states, what do we know about natural resources and civil war, related papers.

Showing 1 through 3 of 0 Related Papers

An empirical investigation of the resource curse theory and economic growth : panel data analysis

Downloadable content.

thesis on resource curse theory

  • Alssadek, Marwan
  • Strathclyde Thesis Copyright
  • University of Strathclyde
  • Masters (Postgraduate)
  • Master of Philosophy (MPhil)
  • Department of Economics
  • The economics of natural resources has been a subject of discussion for a number of years. One of the problems that natural resources economics studies is Resource Curse Theory, which refers to the situation where a number of natural resource exporting countries are negatively affected in terms of various economic, political, and social factors. This theory refers to an observed negative correlation between natural resource exports and the economic growth of countries engaging in these exports. This study empirically investigates the Resource Curse Theory. Applying panel data of oil rents share of GDP as different natural resource measurements, various econometric techniques were used in order to obtain robust results. Using panel data fixed effect estimator, a significant positive correlation between oil rents share of GDP and GDP growth rate is found. When using the two-stage least square approach, positive significant results are also found between oil rents share of GDP and GDP growth rate.
  • Master thesis
  • 10.48730/6w7v-5489
  • 9912525291202996
Thumbnail Title Date Uploaded Visibility Actions
2021-07-02 Public

Economic Development and the Resource Curse Thesis

Cite this chapter.

thesis on resource curse theory

  • Richard M. Auty  

220 Accesses

5 Citations

67 Altmetric

The successful industrialisation of many East Asian countries contrasts with the disappointing outcome in much of Latin America and subSaharan Africa. Not surprisingly, given this geographical pattern, explanations usually stress cultural factors (in the form of a work ethic or type of political regime) or environmental factors (the level of urbanisation or the natural resource endowment). Closely linked to this controversy is a second dispute about the mechanism by which the causal factor impacts on a country’s industrialisation. Specifically, some researchers emphasise macroeconomic policy as the mechanism (Lal, 1983; Stern, 1990) while others cite trade and industry policy (Amsden, 1989; Wade, 1990).

The financial support of the Nuffield Foundation, British Academy, RTZ and World Bank is gratefully acknowledged. This is a modified version of a paper from World Development , Auty, R.M. ‘Industrial policy reform in six large newly industrialising countries’ (Vol 22, No.1, pp. 11–26, 1994) with kind permission of Pergamon Press Ltd. It extends the analysis in that paper to include mineral exporters.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Subscribe and save.

  • Get 10 units per month
  • Download Article/Chapter or eBook
  • 1 Unit = 1 Article or 1 Chapter
  • Cancel anytime
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Unable to display preview.  Download preview PDF.

Similar content being viewed by others

thesis on resource curse theory

European Economic Development and the Environment

thesis on resource curse theory

Beyond the Resource Curse: Rents and Development

thesis on resource curse theory

Curse or Opportunity? A Model of Industrial Development for Natural Resource–Rich Countries on the Basis of Southeast Asian Experiences

Amsden, A., The state and Taiwan’s economic development’, in P.B. Evans (ed.), Bringing the State Back In (Cambridge: Cambridge University Press, 1985), 78–106.

Chapter   Google Scholar  

Amsden, A., Asia ’ s Next Giant (New York: Oxford University Press, 1989).

Google Scholar  

Andrain, C.F., Political Change in the Third World (Boston MA: Unwin Hyman, 1988).

Armas, A.A., Palcios, L.F. and Rossini, R.G., ‘El sesgo antiexportador de la policia commercial Peruana: un estudio de protecion effectiva’ (Lima: mimeo, 1989).

Auty, R.M., Resource-Based Industrialisation: Sowing the Oil in Eight Developing Countries (Oxford, Clarendon Press, 1990).

Auty, R.M., ‘RBI through boom, downswing and liberalisation: Mexico’, Energy Policy , 19 (1991) 13–23.

Article   Google Scholar  

Auty, R.M., ‘The macro impacts of Korea’s heavy industry drive re-evaluated’, Journal of Development Studies , 29 (1992a), 24–48.

Auty, R.M., ‘A comparison of the industrial policies of Taiwan and Korea’, mimeo (Lancaster, UK: Lancaster University Geography Department Working Paper No. 8, 1992b).

Auty, R.M., Sustaining Development in Mineral Economies: The Resource Curse Thesis (London: Routledge, 1993).

Book   Google Scholar  

Auty, R.M., ‘Industrial policy reform in six large newly industrialising countries: the resource curse thesis’, World Development , 22 (1994a).

Auty, R.M., Heavy Industry Policy and Economic Performance in Five Large Newly Industrialising Countries: Korea, Brazil, Mexico, India and China (London: Mansell, 1994b).

Bacha, E.L., ‘External shocks and growth prospects: Case of Brazil 1973–79’, World Development , 14 (1986) 919–36.

Baer, W., The Brazilian Economy: Growth and Development (New York: Praeger, 1989).

Balassa, B., ‘Adjusting to external shocks: The newly industrialising developing economies 1974–76 and 1979–81’, Weltwirtschaftesliches Archiv , 122 (1985) 1141–61.

Balassa, B., ‘The lessons of East Asian development: An overview’, Economic Development and Cultural Change , 36 (Supplement) (1988) S273—S290.

Bell, M. et al. , ‘Assessing the performance of infant industries’, Journal of Development Economics , 16 (1984) 101–28.

Bello, W. and S. Rosenfeld, Dragons in Distress (London: Penguin, 1992).

Bergsman, J., Brazil: Industrialisation and Trade Policies (Oxford: Oxford University Press, 1970).

Buffie, E. and A.S. Krause, ‘Mexico 1958–86: from stabilising development to debt crisis’, in J.D. Sachs (ed.), Developing Country Debt and the World Economy (Chicago, II: University of Chicago Press, 1989) 141–68.

Chenery, H.B. et al. , Industrialisation and Growth (New York: Oxford University Press, 1986).

Council for Economic Planning and Development, Taiwan Statistical Data Book1991 (Taiwan: CEPD, 1992).

Elkan, W., Introduction to Development Economics (London: Penguin, 1973).

Elliot, C., Constraints on the Economic Development of Zambia (Nairobi: Oxford University Press, 1971).

Gelb, A., Oil Windfalls: Blessing or Curse? (New York: Oxford University Press, 1988).

Gelb, A.H., J.B. Knight and R.H. Sabot, ‘Lewis through a looking-glass: public sector employment, rent-seeking and economic growth’, mimeo (Cambridge MA: Employment and Enterprise Policy Analysis Project, HIID, 1986).

Ginsburg, N.S., ‘Natural resources and economic development’, Annals Association of American Geographers , 47 (1957) 197–212.

Hughes, H., Achieving Industrialisation in East Asia (Cambridge: Cambridge University Press, 1988).

Kuznets, P.W., ‘An East Asian model of economic development: Japan, Taiwan and Korea’, Economic Development and Structural Change , 36 (Supplement, 1988), S11–43.

Lal, D., The Poverty of Development Economics (London: IEA, 1983).

Loser, C. and E. Kalter, ‘Mexico the strategy to achieve economic growth’, Occasional Paper, No. 99 (Washington DC: IMF, 1992).

Mahon, J.E., ‘Was Latin America too rich to prosper? Structural and political obstacles to export-led industrial growth’, Journal of Development Studies , 28 (1992) 241–63.

Morishima, M., Why Has Japan Succeeded? Western Technology and Japanese Ethos (Cambridge: Cambridge University Press, 1982).

Murphy, K.M. et al. , ‘Industrialisation and the Big Push’, Journal of Political Economy , 97 (1989) 1003–26.

Myint, H., The Economies of the Developing Countries (London: Hutchinson, 1964).

Ohno, K. and H. Imaoka, ‘The experience of dual industrial growth: Taiwan and Korea’, The Developing Economies , 35 (1987) 310–24.

Perkins, D. and M. Syrquin, ‘Large countries: the influence of size’, in H.B. Chenery and T.N. Srinivasan (eds), Handbook of Development Economics (New York: North-Holland, 1989) 1691–753.

Ranis, G. and S. Mahmood, The Political Economy of Development Policy Change (Oxford: Blackwell, 1992).

Reynolds, C.W., The Mexican Economy: Twentieth Century Structure and Growth (New Haven CT: Yale University Press, 1970).

Rodrik, D., ‘Rent-seeking among Brazilian firms’, mimeo (Williamstown MA: Williams College, 1989).

Sachs, J.D., ‘External debt and macroeconomic performance in Latin America and Asia’, Brookings Papers on Economic Activity , 2 (1985) 523–75.

Sachs, J.D., ‘Social conflict and populist policies in Latin America’, Working Paper, No. 2897 (Cambridge MA: National Bureau of Economic Research, 1989).

Simonsen, M.H., ‘Brazil’, in Dornbusch, R. and F.L.C.H. Helmers (eds), The Open Economy (New York: Oxford University Press, 1988) 285–306,

Stern, J.J., ‘Korea’s industrial policy and changing industrial structure’, HIID Development Discussion Paper, No. 343 (Cambridge MA: HIID, 1990).

Summers. L.H. and W.B. Easterly, ‘Culture is not to blame’, Financial Times , 15 April 1992.

Syrquin, M. and H.B. Chenery, ‘Patterns of Development 1950–83’, Discussion Paper, No. 41 (Washington, DC: World Bank, 1989).

Tsiang, S.C., ‘Taiwan’s economic miracle: lessons in economic development’, in A.C. Harberger (ed.), World Economic Growth (San Francisco CA: ICS Press, 1984) 301–31.

United Nations (Various Years) Statistical Yearbook (Geneva: UN).

Wade, R., Governing the Market (Princeton NJ: Princeton University Press, 1990).

Wood, A., ‘Global trends in real exchange rates, 1960 to 1984’, Discussion Paper, No. 35 (Washington DC: World Bank, 1988).

World Bank, Brazil: Industrial Policies and Manufactured Exports (Washington DC: World Bank, 1982).

World Bank, World Bank Tables1991 (Baltimore MD: Johns Hopkins University Press, 1991).

World Bank, World Development Report1992 (Washington DC: World Bank, 1992).

Wu, Q., ‘South Korea and Taiwan: a comparative analysis of economic development’, Discussion Paper, No. 252 (Brighton: IDS, 1988).

Download references

You can also search for this author in PubMed   Google Scholar

Editor information

Editors and affiliations.

University of Nottingham, UK

Oliver Morrissey ( Lecturer in Economics and Co-Director of CREDIT ) ( Lecturer in Economics and Co-Director of CREDIT )

International Development Centre, University of Oxford, Queen Elizabeth House, UK

Frances Stewart ( Director ) ( Director )

Copyright information

© 1995 Development Studies Association

About this chapter

Auty, R.M. (1995). Economic Development and the Resource Curse Thesis. In: Morrissey, O., Stewart, F. (eds) Economic and Political Reform in Developing Countries. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-13460-1_4

Download citation

DOI : https://doi.org/10.1007/978-1-349-13460-1_4

Publisher Name : Palgrave Macmillan, London

Print ISBN : 978-1-349-13462-5

Online ISBN : 978-1-349-13460-1

eBook Packages : Palgrave Economics & Finance Collection Economics and Finance (R0)

Share this chapter

Anyone you share the following link with will be able to read this content:

Sorry, a shareable link is not currently available for this article.

Provided by the Springer Nature SharedIt content-sharing initiative

  • Publish with us

Policies and ethics

  • Find a journal
  • Track your research
  • A-Z Publications

Annual Review of Political Science

Volume 18, 2015, review article, what have we learned about the resource curse.

  • Michael L. Ross 1
  • View Affiliations Hide Affiliations Affiliations: Department of Political Science, University of California, Los Angeles, California 90095; email: [email protected]
  • Vol. 18:239-259 (Volume publication date May 2015) https://doi.org/10.1146/annurev-polisci-052213-040359
  • First published as a Review in Advance on December 18, 2014
  • © Annual Reviews

Since 2001, hundreds of academic studies have examined the “political resource curse,” meaning the claim that natural resource wealth tends to adversely affect a country's governance. There is now robust evidence that one type of mineral wealth, petroleum, has at least three harmful effects: It tends to make authoritarian regimes more durable, to increase certain types of corruption, and to help trigger violent conflict in low- and middle-income countries. Scholars have also made progress toward understanding the mechanisms that lead to these outcomes and the conditions that make them more likely. This essay reviews the evidence behind these claims, the debates over their validity, and some of the unresolved puzzles for future research.

Article metrics loading...

Full text loading...

Literature Cited

  • Ahmadov AK . 2014 . Oil, democracy, and context: a meta-analysis. Comp. Polit. Stud. 47 : 9 1211– 37 [Google Scholar]
  • Ahmed FZ . 2012 . The perils of unearned foreign income: aid, remittances, and government survival. Am. Polit. Sci. Rev. 106 : 1 146– 65 [Google Scholar]
  • Al-Ubaydli O . 2012 . Natural resources and the tradeoff between authoritarianism and development. J. Econ. Behav. Organ. 81 : 137– 52 [Google Scholar]
  • Alexeev M , Conrad R . 2009 . The elusive curse of oil. Rev. Econ. Stat. 91 : 3 586– 98 [Google Scholar]
  • Alexeev M , Conrad R . 2011 . The natural resource curse and economic transition. Econ. Syst. 35 : 4 445– 61 [Google Scholar]
  • Andersen JJ , Aslaksen S . 2008 . Constitutions and the resource curse. J. Dev. Econ. 87 : 2 227– 46 [Google Scholar]
  • Andersen JJ , Aslaksen S . 2013 . Oil and political survival. J. Dev. Econ. 100 : 1 89– 106 [Google Scholar]
  • Andersen JJ , Johannesen N , Lassen DD , Paltseva E . 2013 . Petro rents and hidden wealth: evidence from bank deposits in tax havens Econ. Policy Res. Unit Work. Pap. No. 2013-03, Copenhagen, Denmark [Google Scholar]
  • Andersen JJ , Ross ML . 2014 . The big oil change: a closer look at the Haber-Menaldo analysis. Comp. Polit. Stud. 47 : 7 933– 1021 [Google Scholar]
  • Angrist J , Kugler A . 2008 . Rural windfall or a new resource curse? Coca, income, and civil conflict in Colombia. Rev. Econ. Stat. 90 : 2 191– 215 [Google Scholar]
  • Anthonsen M , Löfgren Å , Nilsson K , Westerlund J . 2012 . Effects of rent dependency on quality of government. Econ. Governance 13 : 2 145– 68 [Google Scholar]
  • Arezki R , Brückner M . 2011 . Oil rents, corruption, and state stability: evidence from panel data regressions. Eur. Econ. Rev. 55 : 7 955– 63 [Google Scholar]
  • Arezki R , Gylfason T . 2013 . Resource rents, democracy, corruption and conflict: evidence from sub-Saharan Africa. J. Afr. Econ. 22 : 4 552– 69 [Google Scholar]
  • Arezki R , van der Ploeg F . 2011 . Do natural resources depress income per capita?. Rev. Dev. Econ. 15 : 3 504– 21 [Google Scholar]
  • Asher S , Novosad P . 2014 . Dirty politics: natural resource wealth and politics in India Unpublished manuscript [Google Scholar]
  • Aslaksen S . 2010 . Oil as sand in the democratic machine?. J. Peace Res. 47 : 4 421– 31 [Google Scholar]
  • Aspinall E . 2007 . The construction of grievance: natural resources and identity in a separatist conflict. J. Confl. Resolut. 51 : 6 950– 72 [Google Scholar]
  • Assaad R . 2004 . Why did economic liberalization lead to feminization of the labor force in Morocco and de-feminization in Egypt? Presented at Cent. Arab Women Training Res. (CAWTAR) and Mediterranean Dev. Forum (MDF), Nov. [Google Scholar]
  • Auty RM . 1993 . Sustaining Development in the Mineral Economies: The Resource Curse Thesis London: Routledge [Google Scholar]
  • Barma N , Kaiser K , Le TM , Viñuela L . 2011 . Rents to Riches? Washington, DC: World Bank [Google Scholar]
  • Barro RJ . 1999 . Determinants of democracy. J. Polit. Econ. 107 : 6 S158– 83 [Google Scholar]
  • Basedau M , Lay J . 2009 . Resource curse or rentier peace? The ambiguous effects of oil wealth and oil dependence on violent conflict. J. Peace Res. 46 : 6 757– 76 [Google Scholar]
  • Basedau M , Richter T . 2014 . Why do some oil exporters experience civil war but others do not? A qualitative comparative analysis of net oil-exporting countries. Eur. Polit. Sci. Rev. 6 : 4 549– 74 [Google Scholar]
  • Bates R , Lien D-HD . 1985 . A note on taxation, development, and representative government. Polit. Soc. 14 : 2 53– 70 [Google Scholar]
  • Bazzi S , Blattman C . 2013 . Economic shocks and conflict: evidence from commodity prices. Am. Econ. J. Macroecon. 6 : 4 1– 38 [Google Scholar]
  • Bearce D , Hutnick JAL . 2011 . Toward an alternative explanation for the resource curse: natural resources, immigration, and democratization. Comp. Polit. Stud. 44 : 6 689– 718 [Google Scholar]
  • Beblawi H . 1987 . The rentier state in the Arab world. The Rentier State H Beblawi, G Luciani 49– 62 New York: Croom Helm [Google Scholar]
  • Beck T , Laeven L . 2006 . Institution building and growth in transition economies. J. Econ. Growth 11 : 157– 86 [Google Scholar]
  • Bellin E . 1994 . The politics of profit in Tunisia: utility of the rentier paradigm?. World Dev. 22 : 3 427– 36 [Google Scholar]
  • Bellows J , Miguel E . 2009 . War and local collective action in Sierra Leone. J. Public Econ. 93 : 11–12 144– 57 [Google Scholar]
  • Bermeo S . 2011 . Foreign aid and regime change: a role for donor intent. World Dev. 39 : 11 2021– 31 [Google Scholar]
  • Besley T , Persson T . 2010 . State capacity, conflict, and development. Econometrica 78 : 1 1– 34 [Google Scholar]
  • Besley T , Persson T . 2011 . The logic of political violence. Q. J. Econ. 126 : 1411– 45 [Google Scholar]
  • Bhattacharya S , Hodler R . 2010 . Natural resources, democracy, and corruption. Eur. Econ. Rev. 54 : 608– 21 [Google Scholar]
  • Bjorvatn K , Naghavi A . 2011 . Rent seeking and regime stability in rentier states. Eur. J. Polit. Econ. 27 : 4 740– 48 [Google Scholar]
  • Bohn H , Deacon RT . 2000 . Ownership risk, investment, and the use of natural resources. Am. Econ. Rev. 90 : 3 526– 49 [Google Scholar]
  • Boix C . 2003 . Democracy and Redistribution New York: Cambridge Univ. Press [Google Scholar]
  • Boschini AD , Pettersson J , Roine J . 2007 . Resource curse or not: a question of appropriability. Scand. J. Econ. 109 : 3 593– 617 [Google Scholar]
  • Brautigam D , Fjeldstad O-H , Moore M . 2008 . Taxation and State-Building in Developing Countries: Capacity and Consent New York: Cambridge Univ. Press [Google Scholar]
  • Brollo F , Nannicini T , Perotti R , Tabellini G . 2013 . The political resource curse. Am. Econ. Rev. 103 : 5 1759– 96 [Google Scholar]
  • Brückner M , Ciccone A , Tesei A . 2012 . Oil price shocks, income, and democracy. Rev. Econ. Stat. 94 : 2 389– 99 [Google Scholar]
  • Brunnschweiler C , Bulte E . 2009 . Natural resources and violent conflict: resource abundance, dependence, and the onset of civil wars. Oxf. Econ. Pap. 61 : 651– 74 [Google Scholar]
  • Bueno de Mesquita B , Smith A . 2010 . Leader survival, revolutions, and the nature of government finance. Am. Polit. Sci. Rev. 54 : 4 936– 50 [Google Scholar]
  • Buhaug H , Gates S , Lujala P . 2009 . Geography, rebel capability, and the duration of civil conflict. J. Confl. Resolut. 53 : 4 544– 69 [Google Scholar]
  • Bulte E , Damania R , Deacon RT . 2005 . Resource intensity, institutions, and development. World Dev. 33 : 7 1029– 44 [Google Scholar]
  • Busse M , Gröning S . 2013 . The resource curse revisited: governance and natural resources. Public Choice 154 : 1–2 1– 20 [Google Scholar]
  • Caselli F , Cunningham T . 2009 . Leader behaviour and the natural resource curse. Oxf. Econ. Pap. 61 : 628– 50 [Google Scholar]
  • Caselli F , Michaels G . 2013 . Do oil windfalls improve living standards? Evidence from Brazil. Am. Econ. J. Appl. Econ. 5 : 1 208– 38 [Google Scholar]
  • Caselli F , Rohner D , Morelli M . 2013 . The geography of interstate wars. . NBER Work. Pap. No. 18978 [Google Scholar]
  • Caselli F , Tesei A . 2011 . Resource windfalls, political regimes, and political stability . NBER Work. Pap. No. 17601
  • Chaudhry KA . 1989 . The price of wealth: business and state in labor remittance and oil economies. Int. Organ. 43 : 1 101– 45 [Google Scholar]
  • Chaudhry KA . 1997 . The Price of Wealth: Economies and Institutions in the Middle East Ithaca, NY: Cornell Univ. Press [Google Scholar]
  • Cheibub JA , Gandhi J , Vreeland JR . 2010 . Democracy and dictatorship revisited. Public Choice 143 : 1–2 1– 35 [Google Scholar]
  • Colgan J . 2013 . Petro-Aggression: When Oil Causes War New York: Cambridge Univ. Press [Google Scholar]
  • Collier P . 2010 . The Plundered Planet New York: Oxford Univ. Press [Google Scholar]
  • Collier P , Hoeffler A . 1998 . On economic causes of civil war. Oxf. Econ. Pap. 50 : 563– 73 [Google Scholar]
  • Collier P , Hoeffler A , Rohner D . 2009 . Beyond greed and grievance: feasibility and civil war. Oxf. Econ. Pap. 61 : 1– 27 [Google Scholar]
  • Collier P , Sambanis N . 2005 . Understanding Civil War: Evidence and Analysis Washington DC: World Bank [Google Scholar]
  • Cotet A , Tsui KK . 2013 . Oil and conflict: What does the cross country evidence really show?. Am. Econ. J. Macroecon. 5 : 1 49– 80 [Google Scholar]
  • Crystal J . 1990 . Oil and Politics in the Gulf: Rulers and Merchants in Kuwait and Qatar New York: Cambridge Univ. Press [Google Scholar]
  • Cuaresma JC , Oberhofer H , Raschky P . 2010 . Oil and the duration of dictatorships. Public Choice 148 : 3–4 505– 30 [Google Scholar]
  • Cust J , Harding T . 2013 . Institutions and the location of oil exploration OxCarre Res. Pap. No. 127 [Google Scholar]
  • Cuvelier J , Vlassenroot K , Olin N . 2013 . Resources, conflict, and governance: a critical review. Extr. Ind. Soc. 1 : 2 340– 50 [Google Scholar]
  • Dal Bó E , Dal Bó P . 2011 . Workers, warriors, and criminals: social conflict in general equilibrium. J. Eur. Econ. Assoc. 9 : 4 646– 77 [Google Scholar]
  • de Soysa I . 2002 . Ecoviolence: shrinking pie or honey pot?. Glob. Environ. Polit. 2 : 4 1– 34 [Google Scholar]
  • de Soysa I , Gizelis T-I . 2013 . The natural resource curse and the spread of HIV/AIDS, 1990–2008. Soc. Sci. Med. 77 : 1 90– 96 [Google Scholar]
  • Do Q-T , Levchenko AA , Raddatz C . 2011 . Engendering trade Tech. Rep. 5777. World Bank, Washington DC [Google Scholar]
  • Dube O , Vargas J . 2013 . Commodity price shocks and civil conflict: evidence from Colombia. Rev. Econ. Stud. 80 : 4 1384– 1421 [Google Scholar]
  • Dunning T . 2008 . Crude Democracy: Natural Resource Wealth and Political Regimes New York: Cambridge Univ. Press [Google Scholar]
  • Egorov G , Guriev S , Sonin K . 2009 . Why resource-poor dictators allow freer media. Am. Polit. Sci. Rev. 103 : 4 645– 68 [Google Scholar]
  • Esteban J , Mayoral L , Ray D . 2012 . Ethnicity and conflict: an empirical study. Am. Econ. Rev. 102 : 4 1310– 42 [Google Scholar]
  • Fearon JD . 2004 . Why do some civil wars last so much longer than others?. J. Peace Res. 41 : 3 275– 303 [Google Scholar]
  • Fearon JD , Laitin DD . 2003 . Ethnicity, insurgency, and civil war. Am. Polit. Sci. Rev. 97 : 1 75– 90 [Google Scholar]
  • Fish MS . 2005 . Democracy Derailed in Russia New York: Cambridge Univ. Press [Google Scholar]
  • Frankel JA . 2012 . The natural resource curse: a survey of diagnoses and some prescriptions. Commodity Price Volatility and Inclusive Growth in Low-Income Countries R Arezki, C Patillo, MQ Min Zhu, pp. 7–34 Washington, DC: Int. Monet. Fund [Google Scholar]
  • Gandhi J , Przeworski A . 2007 . Authoritarian institutions and the survival of autocrats. Comp. Polit. Stud. 40 : 11 1279– 301 [Google Scholar]
  • Gassebner M , Lamla MJ , Vreeland JR . 2012 . Extreme bounds of democracy. J. Confl. Resolut. 57 : 2 171– 97 [Google Scholar]
  • Gause III FG . 1994 . Oil Monarchies: Domestic Security Challenges in the Arab Gulf States New York: Counc. Foreign Relat. Press [Google Scholar]
  • Gervasoni C . 2010 . A rentier theory of subnational regimes. World Polit. 62 : 2 302– 40 [Google Scholar]
  • Gleditsch NP . 2012 . Whither the weather? Climate change and conflict. J. Peace Res. 49 : 1 3– 9 [Google Scholar]
  • Glynn AN . 2009 . Does oil cause civil war because it causes state weakness? Unpublished manuscript, Dep. Polit. Sci., Emory Univ. [Google Scholar]
  • Goldberg E , Wibbels E , Mvukiyehe E . 2008 . Lessons from strange cases: democracy, development, and the resource curse in the U.S. states. Comp. Polit. Stud. 41 : 4–5 477– 514 [Google Scholar]
  • Greene K . 2010 . The political economy of authoritarian single-party dominance. Comp. Polit. Stud. 43 : 7 807– 34 [Google Scholar]
  • Gurses M . 2011 . Elites, oil, and democratization: a survival analysis. Soc. Sci. Q. 92 : 1 164– 84 [Google Scholar]
  • Haber S , Menaldo V . 2011 . Do natural resources fuel authoritarianism? A reappraisal of the resource curse. Am. Polit. Sci. Rev. 105 : 1 1– 24 [Google Scholar]
  • Harwell E , Farah D , Blundell A . 2011 . Forests, Fragility, and Conflict: Overview and Case Studies Washington DC: Prog. Forests, World Bank [Google Scholar]
  • Herb M . 2005 . No representation without taxation? Rents, development, and democracy. Comp. Polit. 37 : 3 297– 317 [Google Scholar]
  • Hertog S . 2007 . Shaping the Saudi state: human agency's shifting role in rentier-state formation. Int. J. Middle East Stud. 39 : 539– 63 [Google Scholar]
  • Humphreys M . 2005 . Natural resources, conflict, and conflict resolution: uncovering the mechanisms. J. Confl. Resolut. 49 : 4 508– 37 [Google Scholar]
  • Humphreys M , Sachs J , Stiglitz JE . 2007 . Escaping the Resource Curse New York: Columbia Univ. Press [Google Scholar]
  • Hunziker P , Cederman LE . 2012 . No extraction without representation: petroleum production and ethnonationalist conflict Unpublished manuscript [Google Scholar]
  • Isham J , Woolcock M , Pritchett L , Busby G . 2005 . The varieties of the rentier experience: how natural resource export structures affect the political economy of growth. World Bank Econ. Rev. 19 : 2 141– 74 [Google Scholar]
  • Janus T . 2012 . Natural resource extraction and civil conflict. J. Dev. Econ. 97 : 24– 31 [Google Scholar]
  • Jensen N , Wantchekon L . 2004 . Resource wealth and political regimes in Africa. Comp. Polit. Stud. 37 : 9 816– 41 [Google Scholar]
  • Jones Luong P , Weinthal E . 2010 . Oil Is Not a Curse: Ownership Structure and Institutions in Soviet Successor States New York: Cambridge Univ. Press [Google Scholar]
  • Kaldor M , Karl TL , Said Y . 2007 . Oil Wars London: Pluto [Google Scholar]
  • Karl TL . 1997 . The Paradox of Plenty: Oil Booms and Petro-States Berkeley: Univ. Calif. Press [Google Scholar]
  • Kennedy R , Tiede L . 2013 . Economic development assumptions and the elusive curse of oil. Int. Stud. Q. 57 : 760– 71 [Google Scholar]
  • Knack S . 2009 . Sovereign rents and quality of tax policy and administration. J. Comp. Econ. 37 : 359– 71 [Google Scholar]
  • Kolstad I , Wiig A . 2009 . Is transparency the key to reducing corruption in resource-rich countries?. World Dev. 37 : 3 521– 32 [Google Scholar]
  • Koubi V , Spilker G , Böhmelt T , Bernauer T . 2013 . Do natural resources matter for interstate and intrastate armed conflict?. J. Peace Res. 51 : 2 227– 43 [Google Scholar]
  • Kurtz MJ , Brooks SM . 2011 . Conditioning the “resource curse”: globalization, human capital, and growth in oil-rich nations. Comp. Polit. Stud. 44 : 6 747– 70 [Google Scholar]
  • Laherrère J . 2003 . Future of oil supplies. Energy Explor. Exploit. 21 : 3 227– 67 [Google Scholar]
  • Le Billon P . 2001 . The political ecology of war: natural resources and armed conflicts. Polit. Geogr. 20 : 561– 84 [Google Scholar]
  • Le Billon P . 2005 . Fuelling War: Natural Resources and Armed Conflicts New York: Routledge [Google Scholar]
  • Le Billon P . 2012 . Wars of Plunder: Conflicts, Profits, and the Politics of Resources New York: Columbia Univ. Press [Google Scholar]
  • Lei Y-H , Michaels G . 2014 . Do giant oilfield discoveries fuel internal armed conflicts?. J. Dev. Econ. 110 : 139– 57 [Google Scholar]
  • Leite C , Weidmann J . 1999 . Does Mother Nature corrupt? Natural resources, corruption, and economic growth Tech. Rep. WP/99/85. Int. Monet. Fund, Washington, DC [Google Scholar]
  • Liou Y-M , Musgrave P . 2013 . Refining the oil curse: country-level evidence from exogenous variations in resource income. Comp. Polit. Stud. 47 : 11 1584– 610 [Google Scholar]
  • Lujala P . 2009 . Deadly combat over natural resources: gems, petroleum, drugs, and the severity of armed civil conflict. J. Confl. Resolut. 53 : 1 50– 71 [Google Scholar]
  • Lujala P . 2010 . The spoils of nature: armed civil conflict and rebel access to natural resources. J. Peace Res. 47 : 1 15– 28 [Google Scholar]
  • Lujala P , Gleditsch NP , Gilmore E . 2005 . A diamond curse? Civil war and a lootable resource. J. Confl. Resolut. 49 : 4 538– 62 [Google Scholar]
  • Mahdavi P . 2015 . Explaining the oil advantage: effects of natural resource wealth on incumbent reelection in Iran. World Polit. In press. doi: 10.1017/S0043887114000392 [Google Scholar]
  • Mahdavy H . 1970 . The patterns and problems of economic development in rentier states: the case of Iran. Studies in Economic History of the Middle East MA Cook 428– 67 London: Oxford Univ. Press [Google Scholar]
  • Maystadt J-F , De Luca G , Sekeris PG , Ulimwengu J . 2014 . Mineral resources and conflicts in DRC: a case of ecological fallacy?. Oxf. Econ. Pap. 66 : 3 721– 49 [Google Scholar]
  • McGuirk E . 2013 . The illusory leader: natural resources, taxation, and accountability. Public Choice 154 : 3–4 285– 313 [Google Scholar]
  • Mehlum H , Moene K , Torvik R . 2006 . Institutions and the resource curse. Econ. J. 116 : 1 1– 20 [Google Scholar]
  • Metcalf G , Wolfram C . 2014 . Cursed resources? Political conditions and oil market volatility. Energy J. In press [Google Scholar]
  • Miller M . 2012 . Economic development, violent leader removal, and democratization. Am. J. Polit. Sci. 56 : 4 1002– 20 [Google Scholar]
  • Miner C . 2013 . Death, cell phones, and international mineral prices: violence against civilians in Africa Unpublished manuscript [Google Scholar]
  • Monteiro J , Ferraz C . 2010 . Does oil make leaders unaccountable? Evidence from Brazil's offshore oil boom Unpublished manuscript. http://econ.sciences-po.fr/sites/default/files/file/Does%20Oil%20Make_0.pdf [Google Scholar]
  • Morelli M , Rohner D . 2014 . Resource concentration and civil wars NBER Work. Pap. 20129 [Google Scholar]
  • Morrison K . 2007 . Natural resources, aid, and democratization: a best-case scenario. Public Choice 131 : 3–4 365– 86 [Google Scholar]
  • Morrison K . 2009 . Oil, nontax revenue, and regime stability. Int. Organ. 63 : 107– 38 [Google Scholar]
  • Morrison K . 2013 . Whither the resource curse?. Perspect. Polit. 11 : 4 1117– 25 [Google Scholar]
  • Moss T . 2012 . The Governor's Solution: How Alaska's Oil Dividend Could Work in Iraq and Other Oil-Rich Countries. Washington, DC: Cent. Global Dev. [Google Scholar]
  • Omeje K . 2008 . Extractive Economies and Conflicts in the Global South Aldershot, UK: Ashgate [Google Scholar]
  • Omgba L . 2009 . On the duration of political power in Africa. Comp. Polit. Stud. 42 : 3 416– 36 [Google Scholar]
  • Østby G , Nordås R , Rød JK . 2009 . Regional inequalities and civil conflict in sub-Saharan Africa. Int. Stud. Q. 53 : 2 301– 24 [Google Scholar]
  • Paler L . 2013 . Keeping the public purse: an experiment in windfalls, taxes, and the incentives to restrain. Am. Polit. Sci. Rev. 107 : 4 706– 25 [Google Scholar]
  • Poelhekke S , van der Ploeg F . 2013 . Do natural resources attract FDI?. Rev. Econ. Stat. 95 : 3 1047– 65 [Google Scholar]
  • Price SV . 2003 . War and Tropical Forests Binghamton, NY: Food Products Press [Google Scholar]
  • Prichard W , Salardi P , Segal P . 2014 . Taxation, non-tax revenue and democracy: new evidence using new cross-country data Int. Cent. Tax Dev. Work. Pap. No. 23 [Google Scholar]
  • Rajan SC . 2011 . Poor little rich countries: another look at the ‘resource curse’. Environ. Polit. 20 : 5 617– 32 [Google Scholar]
  • Ramsay K . 2011 . Revisiting the resource curse: natural disasters, the price of oil, and democracy. Int. Organ. 65 : 4 507– 29 [Google Scholar]
  • Robinson JA , Torvik R , Verdier T . 2006 . Political foundations of the resource curse. J. Dev. Econ. 79 : 2 447– 68 [Google Scholar]
  • Ross ML . 2001a . Does oil hinder democracy?. World Polit. 53 : 3 325– 61 [Google Scholar]
  • Ross ML . 2001b . Timber Booms and Institutional Breakdown in Southeast Asia New York: Cambridge Univ. Press [Google Scholar]
  • Ross ML . 2003 . Oil, drugs and diamonds: the varying roles of natural resources in civil war. The Political Economy of Armed Conflict K Ballentine, J Sherman 47– 72 Boulder, CO: Lynne Rienner [Google Scholar]
  • Ross ML . 2004a . Does taxation lead to representation?. Br. J. Polit. Sci. 34 : 229– 49 [Google Scholar]
  • Ross ML . 2004b . What do we know about natural resources and civil war?. J. Peace Res. 41 : 3 337– 56 [Google Scholar]
  • Ross ML . 2006 . A closer look at oil, diamonds, and civil war. Annu. Rev. Polit. Sci. 9 : 265– 300 [Google Scholar]
  • Ross ML . 2008 . Oil, Islam, and women. Am. Polit. Sci. Rev. 102 : 1 107– 23 [Google Scholar]
  • Ross ML . 2012 . The Oil Curse: How Petroleum Wealth Shapes the Development of Nations Princeton, NJ: Princeton Univ. Press [Google Scholar]
  • Ross ML , Voeten E . 2012 . Oil and unbalanced globalization Unpublished manuscript [Google Scholar]
  • Sachs J , Warner A . 1995 . Natural resource abundance and economic growth. Dev. Disc. Pap. 517a Harvard Inst.: Int. Dev., Cambridge, MA [Google Scholar]
  • Sala-i-Martin X , Subramanian A . 2013 . Addressing the natural resource curse: an illustration from Nigeria. J. Afr. Econ. 22 : 4 570– 615 [Google Scholar]
  • Smith A . 2008 . The perils of unearned income. J. Polit. 70 : 3 780– 93 [Google Scholar]
  • Smith B . 2004 . Oil wealth and regime survival in the developing world, 1960–99. Am. J. Polit. Sci. 48 : 2 232– 46 [Google Scholar]
  • Smith B . 2007 . Hard Times in the Land of Plenty Ithaca, NY: Cornell Univ. Press [Google Scholar]
  • Snyder R , Bhavnani R . 2005 . Diamonds, blood, and taxes: a revenue-centered framework for explaining political order. J. Confl. Resolut. 49 : 4 563– 97 [Google Scholar]
  • Sorens J . 2011 . Mineral production, territory, and ethnic rebellion: the role of rebel constituencies. J. Peace Res. 48 : 5 571– 85 [Google Scholar]
  • Tornell A , Lane PR . 1999 . The voracity effect. Am. Econ. Rev. 89 : 1 22– 46 [Google Scholar]
  • Torvik R . 2009 . Why do some resource-abundant countries succeed while others do not?. Oxf. Rev. Econ. Policy 25 : 2 241– 56 [Google Scholar]
  • Treisman D . 2013 . Income, democracy, and leader turnover. Unpublished manuscript [Google Scholar]
  • Tsui KK . 2011 . More oil, less democracy? Evidence from worldwide crude oil discoveries. Econ. J. 121 : 551 89– 115 [Google Scholar]
  • Ulfelder J . 2007 . Natural resource wealth and the survival of autocracies. Comp. Polit. Stud. 40 : 8 995– 1018 [Google Scholar]
  • van der Ploeg F . 2011 . Natural resources: curse or blessing?. J. Econ. Lit. 49 : 2 366– 420 [Google Scholar]
  • van der Ploeg F , Poelhekke S . 2010 . The pungent smell of “red herrings”: subsoil assets, rents, volatility, and the resource curse. J. Environ. Econ. Manag. 60 : 44– 55 [Google Scholar]
  • Vandewalle D . 1998 . Libya Since Independence: Oil and State-Building Ithaca, NY: Cornell Univ. Press [Google Scholar]
  • Vicente PC . 2010 . Does oil corrupt? Evidence from a natural experiment in West Africa. J. Dev. Econ. 92 : 1 28– 38 [Google Scholar]
  • Wacziarg R . 2012 . The first law of petropolitics. Economica 79 : 316 641– 57 [Google Scholar]
  • Waldner D , Smith B . 2015 . Rentier states and state transformation. The Oxford Handbook of Transformations of the State S Leibfried, E Huber, M Lange, Levy J, F Nullmeier, J Stephens New York: Oxford Univ. Press. In press [Google Scholar]
  • Weinstein JM . 2007 . Inside Rebellion: The Politics of Insurgent Violence New York: Cambridge Univ. Press [Google Scholar]
  • Wick K , Bulte E . 2009 . The curse of natural resources. Annu. Rev. Resour. Econ. 1 : 139– 56 [Google Scholar]
  • Wiens D . 2013 . Natural resources and institutional development. J. Theor. Polit. 26 : 2 197– 221 [Google Scholar]
  • Wiens D , Poast P , Clark WR . 2014 . The political resource curse: an empirical re-evaluation. Polit. Res. Q. 67 783– 94 [Google Scholar]
  • Williams A . 2011 . Shining a light on the resource curse: an empirical analysis of the relationship between natural resources, transparency, and economic growth. World Dev. 39 : 4 490– 505 [Google Scholar]
  • Wolfers J . 2009 . Are voters rational? Evidence from gubernatorial elections Unpublished manuscript [Google Scholar]
  • Wright J , Frantz E , Geddes B . 2015 . Oil and autocratic regime survival. Br. J. Polit. Sci. 45 287– 306 [Google Scholar]
  • Yates DA . 1996 . The Rentier State in Africa: Oil Rent Dependency and Neocolonialism in the Republic of Gabon Trenton, NJ: Africa World Press [Google Scholar]

Data & Media loading...

  • Article Type: Review Article

Most Read This Month

Most cited most cited rss feed, framing theory, discursive institutionalism: the explanatory power of ideas and discourse, historical institutionalism in comparative politics, the origins and consequences of affective polarization in the united states, political trust and trustworthiness, public attitudes toward immigration, what do we know about democratization after twenty years, what have we learned about the causes of corruption from ten years of cross-national empirical research, economic determinants of electoral outcomes, public deliberation, discursive participation, and citizen engagement: a review of the empirical literature.

IMAGES

  1. Theories on Resource Curse

    thesis on resource curse theory

  2. (PDF) The 'Resource Curse': Theory and Evidence (ARI

    thesis on resource curse theory

  3. (PDF) Natural Resource Curse Theory and Crude Oil Exploration in the

    thesis on resource curse theory

  4. PPT

    thesis on resource curse theory

  5. Resource curse, origin, and approaches. Sources [5,28,29,45,47,49,52-56

    thesis on resource curse theory

  6. PPT

    thesis on resource curse theory

VIDEO

  1. The Resource Curse of Africa

  2. Fixed Point Theory. Ph.D. Thesis Defense

  3. The Curse of Knowledge

  4. The Curse of the Sapphire Pendant (part 2 of 3)

  5. Church's Turing Thesis || Theory of Computation

  6. Laughtale Curse Theory Is Not True ! #anime #onepiece #theories #anicast

COMMENTS

  1. Is There Really a Resource Curse? A Critical Survey of Theory ...

    Jonathan Di John. This article provides a critical survey of the resource curse—the idea that. mineral and fuel abundance generates negative developmental outcomes. in less developed countries. In particular, it examines the idea that mineral and fuel abundance generates growth-restricting forms of state interven tion, extraordinarily large ...

  2. PDF The 'Resource Curse': Theory and Evidence

    Variants of the Resource Curse Argument. (1) The Dutch Disease Model: the economic concept of Dutch Disease refers to the potential negative effects natural-resource windfalls and accompanying appreciations of exchange rates can have for the rest of the economy. One of the potential dangers of oil booms, for example, is that exchange-rate ...

  3. The evolution of the natural resource curse thesis: A critical

    The Dutch disease (to be explained shortly) can be considered an immediate predecessor of the resource curse thesis. In 1988, Alan Gelb first analyzed the economic effects of oil rents in his book Oil Windfalls: Blessing or Curse. Through his descriptive analysis, Gelb (1988) established a resource curse thesis. He found that oil economies ...

  4. The evolution of the natural resource curse thesis: A critical

    The rest of this paper is organized as follows: the basic resource curse thesis is rehearsed in Section 2. In Section 3 we provide an overview of the evolution of the resource curse thesis. The mechanisms through which the curse is thought to operate are discussed in Section 4. Section 5 surveys empirical studies testing for negative effects of ...

  5. The Resource Curse on JSTOR

    This chapter explores the theory behind the resource curse thesis. It will show how the discovery of natural resources, or an increase in the demand or price of existing resources, can lead to increased rents or revenues that effectively crowd out other productive activities in the economy. A natural-resource-based revenue boom for an economy ...

  6. The resource curse literature as seen through the ...

    the resource curse involves the distinction between point-source and di use-source resources taken from staple theory without explicitly acknowledging it. The term natural resource curse was coined by economic geographer Richard Auty in 1993. It has been de ned as the perverse e ects of a country s natural resource wealth

  7. Resource Curse

    Introduction. Development is hampered by a so-called resource curse when resource abundance and high reliance on related revenues negatively impact a country's economic growth and the health of its political institutions. With respect to economic development, the resource curse could manifest in a number of ways - one example of which is ...

  8. [PDF] Is There Really a Resource Curse? A Critical Survey of Theory and

    A Critical Survey of Theory and Evidence. This article provides a critical survey of the resource curse—the idea that mineral and fuel abundance generates negative developmental outcomes in less developed countries. In particular, it examines the idea that mineral and fuel abundance generates growth-restricting forms of state intervention ...

  9. The 'Resource Curse': Theory and Evidence

    The 'Resource Curse': Theory and Evidence. J. John. Published 16 December 2010. Economics, Political Science. Mineral and fuel abundance does not determine either the political or economic trajectory of less developed countries. This paper undertakes a critical survey of the 'resource curse' -the idea that mineral and fuel abundance ...

  10. The resource curse literature as seen through the ...

    This critical survey demonstrates for the first time that the underlying tenets of the resource curse/blessing are borrowed directly from "staple theory". It also focuses uniquely on appropriability with two key issues in mind: (1) state appropriability of assets, and (2) the mobility of assets to thwart appropriation. In the previous resource curse literature, mobility has been framed ...

  11. Evaluating the resource curse hypothesis and the interplay ...

    Abstract The present study empirically confabulates the authenticity of the "resource curse hypothesis" in selected emerging nations. Furthermore, we also assessed the interconnections of three essential economic indicators with financial development, i.e., human development, political stability, and gross domestic product. To effectuate these objectives, we used annual data for the time ...

  12. On the Merits of the Resource Curse Theory: Resource Rents and Corruption

    For more information, please contact. [email protected]. ON THE MERITS OF THE RESOURCE CURSE THEORY: RESOURCE RENTS AND CORRUPTION. By. David Paul Snyder. Bachelor of Arts - Political Science University of Nevada, Las Vegas 2011. Bachelor of Science - Secondary Education University of Nevada, Las Vegas 2011.

  13. Understanding the resource curse (or blessing) across national and

    2 The scale of effects from the resource curse causes. The resource curse theory has been widely researched and empirically analysed in recent decades, and evidence of its effects has been studied in both developing (Sala-i-Martin and Subramanian 2003; Aragon and Rud 2013; Zuo and Schieffer 2014) and developed countries (Goodman and Worth 2008 ...

  14. The Political Resource Curse: An Empirical Re-evaluation

    A Survey of Existing Theory The resource curse literature has two main theoretical strands; following Ulfelder (2007), we will refer to these as "demand-side" and "supply-side" explanations, respectively. To clarify the implications of the resource curse thesis, we begin by reviewing the key theoretical claims.

  15. PDF The Resource Curse What Have we Learned from Two Decades of Intensive

    point and diffuse resources, with the former usually being geographically concentrated and exploited. by a smaller share of the population (as in the case of mineral resources), and the latter being more. widely dispersed (as in the case of agriculture). Most scholars nowadays agree that it is typically the.

  16. Resource curse

    The resource curse, also known as the paradox of plenty or the poverty paradox, is the phenomenon of countries with an abundance of natural resources (such as fossil fuels and certain minerals) having less economic growth, less democracy, or worse development outcomes than countries with fewer natural resources. [1] There are many theories and much academic debate about the reasons for and ...

  17. Thesis

    The economics of natural resources has been a subject of discussion for a number of years. One of the problems that natural resources economics studies is Resource Curse Theory, which refers to the situation where a number of natural resource exporting countries are negatively affected in terms of various economic, political, and social factors.

  18. Economic Development and the Resource Curse Thesis

    The financial support of the Nuffield Foundation, British Academy, RTZ and World Bank is gratefully acknowledged. This is a modified version of a paper from World Development, Auty, R.M. 'Industrial policy reform in six large newly industrialising countries' (Vol 22, No.1, pp. 11-26, 1994) with kind permission of Pergamon Press Ltd.It extends the analysis in that paper to include mineral ...

  19. The Resource Curse

    There has been increasing interest in the so-called 'resource curse', that is the tendency of resource-rich countries to underperform in several development outcomes. This has generated a mountain of (often contradictory) evidence leaving many floundering in the flood of information. This special issue compiles eight papers from some of the ...

  20. PDF The Political Economy of the Resource Curse

    THE RESOURCE CURSE By MICHAEL L.ROSS* Terry Lynn Karl. The Paradox of Plenty: Oil Booms andPetro-States. ... have figured prominently in debates over dependency theory, economic dualism, a proposed New International Economic Order, East Asia's ... The Resource Curse Thesis (London: Routledge, 1993). 6 Graham A. Davis, "Learning to Love the ...

  21. What Have We Learned about the Resource Curse?

    Since 2001, hundreds of academic studies have examined the "political resource curse," meaning the claim that natural resource wealth tends to adversely affect a country's governance. There is now robust evidence that one type of mineral wealth, petroleum, has at least three harmful effects: It tends to make authoritarian regimes more durable, to increase certain types of corruption ...

  22. Resource Curse

    First, the curse has not only economic causes but also institutional and political ones. Second, the risk of resource curse symptoms varies by commodity: it is higher the larger and more volatile the commodity revenue, and the greater its concentration on a few economic agents. Third, policy matters: the global incidence of the resource curse ...