Natural resource wealth: the challenge of managing a windfall

Many countries have failed to use natural resource wealth to promote growth and development. They have been damaged by volatility of revenues, have failed to save a sufficiently high proportion of their resource revenues and failed to make high return investments to support diversification of their...

Full description

Bibliographic Details
Main Authors: Venables, A, Van der Ploeg, R
Format: Working paper
Published: University of Oxford 2011