The Resource Curse (Paperback)

Language: English

Published by Edinburgh University Press, Newcastle upon Tyne, 2018

1911116495 / 9781911116493

Series: Book 5 of 17 - The Economy Key Ideas

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Paperback. The resource curse, or paradox of plenty, refers to the long-established notion central in development economics that countries rich in natural resources, particularly minerals and fuels, perform less well economically than countries with fewer natural resources. In other words, resources are an economic curse rather than a blessing.This short primer explores the complexities of this idea and the debates that surround it, in particular under what conditions the resource curse might operate, if not universal. Discussion ranges over the nature of resource booms, the benefits and costs of export-led growth, the problems of deindustrialization and manufacturing base erosion, rent-seeking behaviour and corruption and the empirical evidence of the effects of natural resource dependence on growth. The book also considers the links between resource rents and the risk of conflict and civil war.The treatment draws throughout on a range of illustrative examples from across the developed and developing world and offers an authoritative introduction to one of the most perplexing issues for economic growth. An authoritative introduction to one of the most perplexing issues of economic growth: the notion that developing countries rich in natural resources perform less well economically than countries with fewer natural resources. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.…

Seller Inventory # 9781911116493

Title
The Resource Curse (Paperback)
Author
Syed Mansoob Murshed
Publisher
Edinburgh University Press, Newcastle upon Tyne
Publication year
2018
Condition
new
Binding
Paperback
Language
English
ISBN 10
1911116495
ISBN 13
9781911116493
Series
Book 5 of 17: The Economy Key Ideas

Grand Eagle Retail

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