Can the Natural Resource Curse Be Turned Into a Blessing? The Role of Trade Policies and Institutions »
Series: IMF Working Papers
Author(s): Rabah Arezki , and Frederik van der Ploeg
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2007
Keywords: Resource curse, institutions, trade policies, growth performance, income per capita, natural resource, natural resource curse, natural resource revenues, natural resources, natural resource abundance
We criticize existing empirical results on the detrimental effects of natural resource dependence on the rate of economic growth after controlling for institutional quality, openness, and initial income. These resu...