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Fiscal Policy and the Natural Resources Curse

How to Escape from the Poverty Trap

Fiscal Policy and the Natural Resources Curse( )
Author: Mosley, Paul
Series title:Routledge Studies in Development Economics
ISBN:978-1-138-94539-5
Publication Date:Mar 2017
Publisher:Routledge
Book Format:Hardback
List Price:AUD $165.00
Book Description:

It is widely accepted that natural resource wealth, especially in the form of oil and minerals, can be a key factor in inhibiting economic development. Many of the countries that are richest in natural resources - including oil, metals and diamonds - are amongst the world's poorest. Why?

Fiscal Policy and the Natural Resources Curse re-examines this ancient, unsolved puzzle, asking why many governments of natural resource-intensive countries are incapable, in a...
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