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- Title
Economic growth and the "resource curse".
- Authors
Tiagi, Raaj
- Abstract
The article discusses the assumption of two researchers regarding the negative impact of natural resources on economic growth. It examines the emergence of debates concerning the issue since the assumption was contrary to the literature which suggests that natural resources have positive impact on growth. However, findings suggests that leaders in resource-dependent countries need to focus on establishing proper institutions that will utilize economic freedom to benefit from their resources.
- Subjects
NATURAL resources; ECONOMIC development; ECONOMIC policy; FACTORS of production; GOVERNMENT policy; RIGHT to development; ECONOMIC expansion
- Publication
Fraser Forum, 2009, p25
- ISSN
0827-7893
- Publication type
Article