The Institutions Curse : Natural Resources, Politics, and Development
The Institutions Curse : Natural Resources, Politics, and Development
The Institutions Curse : Natural Resources, Politics, and Development.cVictor Menaldo
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Author: Victor Menaldo
Page Count: 300 pages
Published Date: 05 Jul 2016
Publisher: CAMBRIDGE UNIVERSITY PRESS
Publication Country: Cambridge, United Kingdom
Language: English
ISBN: 9781107138605
File Name: the.institutions.curse.natural.resources,.politics,.and.development.pdf
Download Link: the institutions curse natural resources, politics, and development
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The 'resource curse' is the view that countries with extensive natural resources tend to suffer from a host of undesirable outcomes, including the weakening of state capacity, authoritarianism, fewer public goods, war, and economic stagnation. This book debunks this view, arguing that there is an 'institutions curse' rather than a resource curse. Legacies endemic to the developing world have impelled many countries to develop natural resources as a default sector in lieu of cultivating modern and diversified economies, and bad institutions have also condemned nations to suffer from ills unduly attributed to minerals and oil. Victor Menaldo also argues that natural resources can actually play an integral role in stimulating state capacity, capitalism, industrialization, and democracy, even if resources are themselves often a symptom of underdevelopment. Despite being cursed by their institutions, weak states are blessed by their resources: greater oil means more development, both historically and across countries today.
Read online The Institutions Curse : Natural Resources, Politics, and Development Buy The Institutions Curse : Natural Resources, Politics, and Development Download The Institutions Curse : Natural Resources, Politics, and Development for pc, mac, kindle, readers Download to iPad/iPhone/iOS, B&N nook The Institutions Curse : Natural Resources, Politics, and Development
Wear and Tear : Or Hints for the Overworked (Classic Reprint)
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The Institutions Curse : Natural Resources, Politics, and Development.cVictor Menaldo
Author: Victor Menaldo
Page Count: 300 pages
Published Date: 05 Jul 2016
Publisher: CAMBRIDGE UNIVERSITY PRESS
Publication Country: Cambridge, United Kingdom
Language: English
ISBN: 9781107138605
File Name: the.institutions.curse.natural.resources,.politics,.and.development.pdf
Download Link: the institutions curse natural resources, politics, and development
---------------------------------------------------------------
The 'resource curse' is the view that countries with extensive natural resources tend to suffer from a host of undesirable outcomes, including the weakening of state capacity, authoritarianism, fewer public goods, war, and economic stagnation. This book debunks this view, arguing that there is an 'institutions curse' rather than a resource curse. Legacies endemic to the developing world have impelled many countries to develop natural resources as a default sector in lieu of cultivating modern and diversified economies, and bad institutions have also condemned nations to suffer from ills unduly attributed to minerals and oil. Victor Menaldo also argues that natural resources can actually play an integral role in stimulating state capacity, capitalism, industrialization, and democracy, even if resources are themselves often a symptom of underdevelopment. Despite being cursed by their institutions, weak states are blessed by their resources: greater oil means more development, both historically and across countries today.
Read online The Institutions Curse : Natural Resources, Politics, and Development Buy The Institutions Curse : Natural Resources, Politics, and Development Download The Institutions Curse : Natural Resources, Politics, and Development for pc, mac, kindle, readers Download to iPad/iPhone/iOS, B&N nook The Institutions Curse : Natural Resources, Politics, and Development
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