The political economy of the resource curse: A development perspective

Antonio Savoia and Kunal Sen

No wp-2020-123, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper reviews the recent literature on the developmental effects of resource abundance, assessing likely effects and channels with respect to income inequality, poverty, education, and health. To date, this area has received less analysis although it is relevant to the Sustainable Development Goals agenda, as a significant number of the world poor live in African resource-rich economies. We argue that the presence of a natural resource sector per se does not necessarily translate into worse development outcomes. The natural resource experience varies to a significant extent.

Keywords: Resource abundance; Inequality; Institutions; SDGs; Poverty (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-env and nep-pke
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Citations: View citations in EconPapers (2)

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Journal Article: The Political Economy of the Resource Curse: A Development Perspective (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2020-123

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