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Article

The curse of natural resources

Jeffrey D. Sachs; Andrew M. Warner · European Economic Review 45(4–6), 827–838 · 2001

Type: Article
Author: Jeffrey D. Sachs; Andrew M. Warner
Identifier: DOI 10.1016/S0014-2921(01)00125-8

Claims citing this source

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DisputedSachs and Warner found that resource-abundant economies tended to grow more slowly than resource-poor ones, while Mehlum, Moene and Torvik argue that the economic curse depends on institutions, appearing where institutions favour rent-grabbing rather than production.