Journal ArticleDOI
Industrial policy reform in six large newly industrializing countries: The resource curse thesis
TLDR
In this paper, the authors studied six large newly industrializing countries (NICs) in the 1950s and found that the most well-endowed NICs abandoned AIP early in favor of a competitive industrial policy (CIP) which relied on labor-intensive exports to earn foreign exchange and resulted in rapid economic growth.About:
This article is published in World Development.The article was published on 1994-01-01. It has received 375 citations till now. The article focuses on the topics: Resource curse & Primary sector of the economy.read more
Citations
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Journal ArticleDOI
The Political Economy of the Resource Curse
TL;DR: This paper reviewed a wide range of recent attempts in both economics and political science to explain the "resource curse" and found that much has been learned about the economic problems of resource exporters but less is known about their political problems.
BookDOI
Global Energy Assessment: Toward a Sustainable Future
TL;DR: The Global Energy Assessment (GEA) as mentioned in this paper brings together over 300 international researchers to provide an independent, scientifically based, integrated and policy-relevant analysis of current and emerging energy issues and options.
Journal ArticleDOI
The resource curse hypothesis and its transmission channels
TL;DR: In this article, the authors examined empirically the direct and indirect effects of natural resource abundance on economic growth and found that natural resources have a negative impact on growth if considered in isolation, but a positive direct impact if other explanatory variables, such as corruption, investment, openness, terms of trade, and schooling, are included.
Journal ArticleDOI
The political economy of resource-driven growth
TL;DR: In this article, a stylised facts model of competitive industrialisation is used to model the long-run development of a resource-poor country with a political state that is developmental.
Journal ArticleDOI
Learning to love the Dutch disease: Evidence from the mineral economies
TL;DR: This article examined the long-run economic and development performance of a more general grouping of mineral-based economies, and found little corroborating evidence that a booming minerals sector may not only lead to Dutch disease effects, it may also be a development curse.
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Industrialization and the Big Push
Kevin M. Murphy,Kevin M. Murphy,Andrei Shleifer,Andrei Shleifer,Robert W. Vishny,Robert W. Vishny +5 more
TL;DR: In this article, the authors explore Rosenstein-Rodman's (1943) idea that simultaneous industrialization of many sectors of the economy can be profitable for all of them, even when no sector can break even industrializing alone.
Book
Sustaining Development in Mineral Economies: The Resource Curse Thesis
TL;DR: In this paper, Auty highlights these drawbacks and the devastating effect they can have on developing economies with reference to six ore-exporters (i.e., Peru, Bolivia, Chile, Jamaica, Zambia and Papua New Guinea) and stresses the need to avoid 'Dutch Disease' whereby competitiveness is drained out of the agriculture and manufacturing sectors so that in the long term growth falters.
ReportDOI
Industrialization and the Big Push
TL;DR: In this paper, the authors explore Rosenstein-Rodan's idea that simultaneous industrialization of many sectors of the economy can be profitable for them all even when no sector can break even industrializing alone.
Book
Oil Windfalls: Blessing or Curse?
TL;DR: In this paper, the authors assess the effects of oil windfalls on six developing countries, and conclude that much of the potential benefit of the windfalls, has been dissipated, and explain why some oil producers may have ended up actually worse off, despite the additional revenue.