The Rent Curse: Natural Resources, Policy Choice, and Economic Development

by Haydn I Furlonge and Richard M Auty

The resource curse is a variant of a wider rent curse that can also be driven by geopolitical rent, regulatory rent, and labour rent. Total rent can therefore be from one-tenth to two-fifths of GDP and sometimes more. Rent is detached from the activity that generates it and is up for grabs so it feeds contents for its capture and its deployment can radically impact the development trajectory for better or worse, all too often for worse.

The...

• Format: Hardcover
• Language: English
• ISBN: 0198828861
• ISBN13: 9780198828860
• Release Date: February 2019
• Publisher: Oxford University Press
• Length: 276 Pages
• Weight: 1.25 lbs.
• Dimensions: 1.0" x 6.2" x 9.3"