Political Risk, Reputation, and the Resource Curse

  title={Political Risk, Reputation, and the Resource Curse},
  author={Nathan M. Jensen and Noel P. Johnston},
  journal={Comparative Political Studies},
  pages={662 - 688}
There is a growing literature on how natural resources affect both economic performance and political regimes. In this article the authors add to this literature by focusing on how natural resource wealth affects the incentives of governments to uphold contracts with foreign investors across all sectors. They argue that although all states suffer reputation costs from reneging on contracts, governments in natural-resource-dependent economies are less sensitive to these costs, leading to a… Expand

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