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Escaping the Resource Curse (Initiative for Policy Dialogue)

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 | #670500 in eBooks |  2007-07-06 |  2007-07-06 | File type: PDF

||14 of 17 people found the following review helpful.| Oil as curse|By E. N. Anderson|This valuable book by leading economists makes an uncompromising case for doing something, immediately, about the devastating effects of international resource extraction on nations and their economies. The book focuses almost exclusively on oil. Certainly, the national and international oil corporations have much to answer for, including mass| |This is a timely and important contribution to the debate on the so-called resource curse and how to avoid it―especially important in a time of concern about energy security and sustainable economic development. As someone who witnesses first hand the strugg

The wealth derived from natural resources can have a tremendous impact on the economics and politics of producing countries. In the last quarter century, we have seen the surprising and sobering consequences of this wealth, producing what is now known as the "resource curse." Countries with large endowments of natural resources, such as oil and gas, often do worse than their poorer neighbors. Their resource wealth frequently leads to lower growth rates, greater v...

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