The Curse of Natural Resources
Posted: 16 Sep 2011
There are 2 versions of this paper
The Curse of Natural Resources
Annual Review of Resource Economics, Vol. 1, No. 1, pp. 139-156, 2009
Posted: 04 Jun 2010
Date Written: October 2009
Abstract
A large literature has developed that documents a negative association between the presence of natural resources and economic development. In this paper we explore the empirics and theories of the so-called resource curse and try to assess its robustness. We conclude that there are many open questions and that the case of the curse needs revision and nuance.
Suggested Citation: Suggested Citation
Wick, Katharina and Bulte, Erwin H., The Curse of Natural Resources (October 2009). Annual Review of Resource Economics, Vol. 1, Issue 1, pp. 139-156, 2009, Available at SSRN: https://ssrn.com/abstract=1928356 or http://dx.doi.org/10.1146/annurev.resource.050708.144219
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