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Confronting The Curse: The Economics and Geopolitics of Natural Resource Governance (Policy Analyses in International Economics)

Cullen Hendrix, Marcus Noland




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 |  2014-04-12 |  2014-04-12 | File type: PDF

||About the Author||Marcus Noland, executive vice president and director of studies, has been associated with the Institute since 1985. From 2009 through 2012, he served as the Institute's deputy director. His research addresses a wide range of topics at the inter

Countries blessed with abundant natural resources often seek financial and political power from their supposedly lucky status. But the potentially negative impact of natural resources on development of poor countries is captured in the phrase "the resource curse." Instead of success and prosperity, producers of gold, oil, rubber, sugar, and other commodities—many in the least developed parts of Africa and Asia—often remain mired in poverty and plagued by...

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