Natural Resources, Oil and Economic Growth in Sub-Saharan Africa

Karel Janda and Gregory Quarshie

MPRA Paper from University Library of Munich, Germany

Abstract: This paper takes a critical look at the natural resource curse in countries in sub-Saharan Africa and it highlights the role of institutionalised authority. The paper first provides a comprehensive literature review of natural resource curse, Dutch disease and the role of oil resources in resource curse. This is follow by the description of the relevant economic factors in sub-Saharan Africa, which is taken as prime example of the region with both important oil and other natural resources and with serious economic growth problems.

Keywords: Economic Growth; Natural Resources; Oil; Institutions; Sub-Saharan Africa (search for similar items in EconPapers)
JEL-codes: O43 P52 Q43 (search for similar items in EconPapers)
Date: 2017-02-10
New Economics Papers: this item is included in nep-afr, nep-ene and nep-gro
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:76748

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