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Resource abundance and economic development improving the performance of resource-rich countries

Auty, Richard M. (1998) Resource abundance and economic development improving the performance of resource-rich countries. Research for Action No.44 . United Nations University (UNU), Helsinki.

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Abstract

This paper uncovers the systematic relationships between the natural resource endowment of a country and a range of variables based upon a literature review. It demonstrates that since the 1960s resource abundance has been associated with disappointing economic development. It also makes a start for expansion of the conventional growth accounting framework to include natural and institutional capital - important for environmentally and socially sustainable development.

Item Type: Books
Class Number: 900.RES001
Keywords: Natural Resources, Economy, Development
Subjects: Right to Resources
Depositing User: Jeeva ICSF Rajan
Date Deposited: 12 Jan 2022 11:18
Last Modified: 12 Jan 2022 11:18
URI: http://icsfarchives.net/id/eprint/5322

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