The Curse of Natural Resources

Posted: 16 Sep 2011

See all articles by Katharina Wick

Katharina Wick

Tilburg Universty, CentER

Erwin H. Bulte

Tilburg University - Department of Economics; Wageningen University

Multiple version iconThere are 2 versions of this paper

Date Written: October 2009

Abstract

A large literature has developed that documents a negative association between the presence of natural resources and economic development. In this paper we explore the empirics and theories of the so-called resource curse and try to assess its robustness. We conclude that there are many open questions and that the case of the curse needs revision and nuance.

Suggested Citation

Wick, Katharina and Bulte, Erwin H., The Curse of Natural Resources (October 2009). Annual Review of Resource Economics, Vol. 1, Issue 1, pp. 139-156, 2009, Available at SSRN: https://ssrn.com/abstract=1928356 or http://dx.doi.org/10.1146/annurev.resource.050708.144219

Katharina Wick

Tilburg Universty, CentER ( email )

P.O. Box 90153
Tilburg, DC Noord-Brabant 5000 LE
Netherlands

Erwin H. Bulte

Tilburg University - Department of Economics ( email )

P.O. Box 90153
Tilburg, 5000 LE
Netherlands
+31 13 466 9111 (Phone)

Wageningen University

Hollandseweg 1
6706 KN
Wageningen
Netherlands

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