Economic growth stimulated by natural resources

Daniela Corrêa () and Gilberto Lima

Brazilian Journal of Political Economy, 2010, vol. 30, issue 2, 329-339

Abstract: Botswana was the fastest growing economy in the world in the 1966-1989 period. Even though the discovery and exploitation of large diamond reserves had played an essential role in such an impressive performance, favorable economic, political and institutional conditions allowed the use of the resulting large export revenues as a lever for economic growth, though not for development. JEL Classification: O11; O13; O55.

Keywords: natural resources; economic growth; development (search for similar items in EconPapers)
Date: 2010
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