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. Utilizing resource endowments is a multistage economic and political problem that requires private investment to discover and extract the resource, fiscal regimes to capture revenue, judicio...
Main Author: | Venables, A |
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Format: | Journal article |
Published: |
American Economic Association
2016
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