
Fiscal Policy and the Natural Resources Curse
It is widely accepted that natural resource wealth, especially in the form of oil and minerals, can be a key factor in inhibiting economic development. Many of the countries that are richest in natural resources – including oil, metals and diamonds – are amongst the world’s poorest. Why?
Fiscal Policy and the Natural Resources Curse re-examines this ancient, unsolved puzzle, asking why many govern...
It is widely accepted that natural resource wealth, especially in the form of oil and minerals, can be a key factor in inhibiting economic development. Many of the countries that are richest in natural resources – including oil, metals and diamonds – are amongst the world’s poorest. Why?
Fiscal Policy and the Natural Resources Curse re-examines this ancient, unsolved puzzle, asking why many govern...