Public Capital in Resource Rich Economies: Is there a Curse?
As poor countries deplete their natural resources, for increased consumption to be sustainable some of the revenues should be invested in other public assets. Further, since such countries typically have acute shortages of public capital, the finance from resource depletion is an opportunity for ne...
Main Authors: | Bhattacharyya, S, Collier, P |
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Format: | Working paper |
Language: | English |
Published: |
CSAE (University of Oxford)
2011
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