Fiscal Policy and the Natural Resources Curse: How to Escape from the Poverty Trap

by Paul Mosley

Book Overview

It is widely accepted that natural resource wealth, especially in the form of oil and minerals, can be a key factor in inhibiting economic development. Many of the countries that are richest in natural resources - including oil, metals and diamonds - are amongst the world's poorest. Why?

Fiscal Policy and the Natural Resources Curse

re-examines this ancient, unsolved puzzle, asking why many governments of natural resource-intensive...

• Format: Hardcover
• Language: English
• ISBN: 1138945390
• ISBN13: 9781138945395
• Release Date: February 2017
• Publisher: Routledge
• Length: 262 Pages
• Weight: 1.10 lbs.
• Dimensions: 0.8" x 6.4" x 9.2"