The Resource Curse Hypothesis: Evidence from Ecuador

Andrea Cori and Salvatore Monni
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Andrea Cori: Department of Economics, University of Roma 3, Italy.

No 2814, SEEDS Working Papers from SEEDS, Sustainability Environmental Economics and Dynamics Studies

Abstract: The aim of this work is to evaluate the economic stability of the choices made by the Government of Ecuador regarding the management of natural resources in the context of the Revolucion Ciudadana designed to create a society based on Buen Vivir. The choice of an intensification of the mining sector not only shows a change in the government’s perspective (from Sumak Kawsayto sustainable development), but also requires an analysis that highlights the possible risks outlined in the recent theory defined as the Resource Curse Hypothesis. Indeed, in this work, the structural conditions, which the reference theoretical framework suggests are essential to avoiding the Resource Curse Hypothesis, will be analysed in order to assess the economic effectiveness of the change of perspective implemented in the Revolucion Ciudadana.

Keywords: Buen Vivir; Ecuador; Human Capital; Natural resources; Sustainability; Resource Curse Hypothesis; Sumak Kawsay (search for similar items in EconPapers)
JEL-codes: O21 O54 P48 Q01 Q30 Q56 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2014-10, Revised 2014-10
New Economics Papers: this item is included in nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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http://www.sustainability-seeds.org/papers/RePec/srt/wpaper/2814.pdf First version, 2014 (application/pdf)
http://www.sustainability-seeds.org/papers/RePec/srt/wpaper/2814.pdf Revised version, 2014 (application/pdf)

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