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The Institutions Curse: Natural Resources, Politics, and Development
Victor Menaldo
€ 37.99
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Description for The Institutions Curse: Natural Resources, Politics, and Development
paperback. Debunks the view that natural resources lead to terrible outcomes by demonstrating that oil and minerals are actually a blessing. Series: Business and Public Policy. Num Pages: 412 pages, 48 b/w illus. 10 maps 10 tables. BIC Classification: KCN; KCP; RND. Category: (P) Professional & Vocational. Dimension: 156 x 227 x 23. Weight in Grams: 662.
The 'resource curse' is the view that countries with extensive natural resources tend to suffer from a host of undesirable outcomes, including the weakening of state capacity, authoritarianism, fewer public goods, war, and economic stagnation. This book debunks this view, arguing that there is an 'institutions curse' rather than a resource curse. Legacies endemic to the developing world have impelled many countries to develop natural resources as a default sector in lieu of cultivating modern and diversified economies, and bad institutions have also condemned nations to suffer from ills unduly attributed to minerals and oil. Victor Menaldo also argues that ... Read more
The 'resource curse' is the view that countries with extensive natural resources tend to suffer from a host of undesirable outcomes, including the weakening of state capacity, authoritarianism, fewer public goods, war, and economic stagnation. This book debunks this view, arguing that there is an 'institutions curse' rather than a resource curse. Legacies endemic to the developing world have impelled many countries to develop natural resources as a default sector in lieu of cultivating modern and diversified economies, and bad institutions have also condemned nations to suffer from ills unduly attributed to minerals and oil. Victor Menaldo also argues that ... Read more
Product Details
Format
Paperback
Publication date
2016
Publisher
Cambridge University Press
Condition
New
Series
Business and Public Policy
Number of Pages
412
Place of Publication
Cambridge, United Kingdom
ISBN
9781316503362
SKU
V9781316503362
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-12
About Victor Menaldo
Victor Menaldo is an associate professor of Political Science at the University of Washington and an affiliated faculty of the Center for Statistics and the Social Sciences, Near and Middle Eastern Studies, and the Center for Environmental Politics. He has published, or has forthcoming articles in, the American Political Science Review, the American Journal of Political Science, the Journal of ... Read more
Reviews for The Institutions Curse: Natural Resources, Politics, and Development
'This book explores the role of natural resources, especially oil, in the development of countries. … A wide geographic area is covered, including but not limited to North America, Europe and the Middle East. … The author argues that political institutions, not resource endowment, are the basis for differences in development. … It adds to the literature on the role ... Read more