Natural Resources: Neither Curse nor Destiny

Anthony Venables, William Maloney, Ari Kokko, Claudio Bravo Ortega, Daniel Lederman, Roberto Rigobon, Jose De Gregorio, Jesse Czelusta, Shamila A. Jayasuriya, Magnus Blomström, Lixin Xu, Rodney Ludema, Osmel Manzano Mazzali, Will Martin, John Cuddington and Gavin Wright
Authors registered in the RePEc Author Service: Claudio Bravo-Ortega

No 350 in IDB Publications (Books) from Inter-American Development Bank

Abstract: 'Natural Resources: Neither Course nor Destiny' brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural resources are neither a curse nor destiny. Natural resources can actually spur economic development when combined with the accumulation of knowledge for economic innovation. Furthermore, natural resource abundance need not be the only determinant of the structure of trade in developing countries. In fact, the accumulation of knowledge, infrastructure, and the quality of governance all seem to determine not only what countries produce and export, but also how firms and workers produce any good. This publication belongs to the Latin American Development Forum Series (LADF), sponsored by the Inter-American Development Bank, the United Nations Economic Commission for Latin America and the Caribbean, and the World Bank.

Keywords: Latin American Development Forum; LADF; economic diversification; econometric analyses; natural resources and development; traditional endowments (search for similar items in EconPapers)
Date: 2007
ISBN: 9780821365458
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (68)

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Related works:
Book: Natural Resources: Neither Curse nor Destiny (2007)
Working Paper: Resource Curse or Debt Overhang? (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:idb:idbbks:350

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