Poor little rich countries: another look at the ‘resource curse’

@article{Rajan2011PoorLR,
  title={Poor little rich countries: another look at the ‘resource curse’},
  author={Sudhir Chella Rajan},
  journal={Environmental Politics},
  year={2011},
  volume={20},
  pages={617 - 632}
}
  • S. C. Rajan
  • Published 1 September 2011
  • Economics
  • Environmental Politics
Resource-rich countries are plagued by macroeconomic crises known as ‘Dutch Disease’, which is associated with the inflation of local currencies on account of a large influx of foreign exchange and a dip in labor supply for non-traded goods. In developing countries, the historical context of state formation is often such that the revenues generated by natural resource exports bolster the stability of authoritarian regimes, and the dominant state actors consolidate their power by managing boom… 
Natural Resource Wealth – a Blessing or a Curse for Democracy?
The tendency of regimes, richly endowed with natural resources, to be more authoritarian than those without such resources, is a prominent feature for discussion within political theoretical
China to the Rescue? The Implications of China's Engagement with Resource-Rich Countries
China’s interest in developing countries has exploded in the past decade as it continues to search for resources to fuel high growth rates. This paper examines China’s activity in various
Governing Extractive Industries
Proposals for more effective natural resource governance emphasize the importance of institutions and governance, but say less about the political conditions under which institutional change occurs.
The Resource Curse Mirage: The Blessing of Resources and Curse of Empire?
Auty (1993) and Sachs and Warner (1997) reignited the line of argument of the resource curse: the idea that natural resource wealth has negative net effects on the development of nations. However,
The Politics of the Resource Curse: A Review
Since 2001, hundreds of academic studies have examined the “resource curse,” meaning the claim that natural resource wealth tends to perversely affect a country's governance. There is now robust
The Paradox of Plenty: Natural Resource Revenues and the Resource Curse in Nigeria
Natural resources, notably those in the extractive industry, have shown to enhance prosperity and economic growth in many countries. Despite the positive experience associated with natural resource
Why Nations Fail: The Origins of Power, Prosperity, and Poverty
In the West are the 'haves', while much of the rest of the world are the 'have-nots'. The extent of inequality today is unprecedented. Drawing on an extraordinary range of contemporary and historical
What Have We Learned about the Resource Curse?
Since 2001, hundreds of academic studies have examined the “resource curse,�? meaning the claim that natural resource wealth tends to perversely affect a country's governance. There is now robust
Boon or bane: Examining divergent development outcomes among oil- and mineral-dependent countries in the Global South
Under neoliberal conditions that privilege foreign investors and call for the retreat of the state, some oil- and mineral-dependent countries in the Global South outperform others. To investigate
...
...

References

SHOWING 1-10 OF 27 REFERENCES
Angola's political economy of war: The role of oil and diamonds, 1975–2000
This article examines the significance of the political economy and geography of two valuable resources—oil and diamonds—for the course of the Angolan conflict. Matching the regional boundaries and
The political economy of the resource curse : a literature survey
This paper presents a critical survey of the literature on the ‘resource curse’, focusing on three main questions: (i) are natural resources bad for development?; (ii) what causes the resource
Perspectives on Venezuelan Democracy
The adoption of neoliberal policies in Latin America comes at a time of questioning of the development assumptions of the past 40 years. Samir Amin suggests that after the great surge of state-led
Do Natural Resources Fuel Authoritarianism? A Reappraisal of the Resource Curse
A large body of scholarship finds a negative relationship between natural resources and democracy. Extant cross-country regressions, however, assume random effects and are run on panel datasets with
A New Scramble for African Oil? Historical, Political, and Business Perspectives
It has been suggested that Africa is experiencing a ‘New Scramble’ thanks primarily to its oil and gas wealth, with the United States and the People’s Republic of China actively competing for access
Social Policy in Post-Neo-liberal Latin America: The cases of Argentina, Venezuela and Bolivia
TLDR
Pía Riggirozzi analyzes the challenges of embracing new models of citizenship and social development in Argentina, Bolivia and Venezuela and suggests that contingency and contextual circumstances also mean that as an approach it is vulnerable to the swinging moods of the international economy and/or from political opposition from domestic elites.
The global gamble : Washington's Faustian bid for world dominance
Argues that, since the collapse of the USSR, the US government has been trying to bring about a unipolar world in which the United States can control and shape the pattern of economic and political
...
...