EN

Article

Institutions and the Resource Curse

Halvor Mehlum; Karl Moene; Ragnar Torvik · The Economic Journal 116(508), 1–20 · 2006

Type: Article
Author: Halvor Mehlum; Karl Moene; Ragnar Torvik
Identifier: DOI 10.1111/j.1468-0297.2006.01045.x

Claims citing this source

1 claims

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.