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The Resource Curse

List Price: $125.00
SKU:
9781911116486
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  • Product Details

    Author:
    Syed Mansoob Murshed
    Format:
    Hardcover
    Pages:
    168
    Publisher:
    Edinburgh University Press (September 30, 2018)
    Imprint:
    Agenda Publishing
    Language:
    English
    Audience:
    College/higher education
    ISBN-13:
    9781911116486
    ISBN-10:
    1911116487
    Weight:
    11.2oz
    Dimensions:
    5.83" x 8.27"
    File:
    TWO RIVERS-PERSEUS-Metadata_Only_Perseus_Distribution_Customer_Group_Metadata_20261006163310-20261006.xml
    Folder:
    TWO RIVERS
    List Price:
    $125.00
    Country of Origin:
    United States
    Pub Discount:
    65
    Case Pack:
    30
    As low as:
    $96.25
    Publisher Identifier:
    P-PER
    Discount Code:
    A
  • Overview

    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.