The Political Economy of the Resource Curse

  title={The Political Economy of the Resource Curse},
  author={Michael L. Ross},
  journal={World Politics},
  pages={297 - 322}
  • M. Ross
  • Published 1999
  • Economics
  • World Politics
How does a state's natural resource wealth influence its economic development? For the past fifty years, versions of this question have been explored by both economists and political scientists. New research suggests that resource wealth tends to harm economic growth, yet there is little agreement on why this occurs. This article reviews a wide range of recent attempts in both economics and political science to explain the "resource curse." It suggests that much has been learned about the… 
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