Escaping the Resource Curse
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...
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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 volatility, more corruption, and, in extreme cases, devastating civil wars.
- 2007, 428 Seiten, Maße: 16,1 x 23,7 cm, Gebunden, Englisch
- Herausgegeben: Macartan Humphreys, Jeffrey D. Sachs, Joseph Stiglitz
- Verlag: Columbia University Press
- ISBN-10: 0231141963
- ISBN-13: 9780231141963
- Erscheinungsdatum: 21.02.2011
"A primer on ways governments and multinationals can ensure that resource wealth becomes not a curse but rather a source of sustained wealth." -- Canadian Business
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