Using natural resources for development: why has it proven so difficult?
Developing economies have found it hard to use natural resource wealth to improve their economic performance. Utilising resource endowments is a multi-stage economic and political problem that requires private investment to discover and extract the resource, fiscal regimes to capture revenue, judici...
Main Author: | Venables, A |
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Format: | Working paper |
Published: |
University of Oxford
2016
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