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The Institutions Curse

The Institutions Curse
Author :
Publisher : Cambridge University Press
Total Pages : 417
Release :
ISBN-10 : 9781107138605
ISBN-13 : 1107138604
Rating : 4/5 (05 Downloads)
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Book Synopsis The Institutions Curse by : Victor Menaldo

Download or read book The Institutions Curse written by Victor Menaldo and published by Cambridge University Press. This book was released on 2016-08-25 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Debunks the view that natural resources lead to terrible outcomes by demonstrating that oil and minerals are actually a blessing.


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Debunks the view that natural resources lead to terrible outcomes by demonstrating that oil and minerals are actually a blessing.
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The "resource curse," or "paradox of plenty," refers to the long-established notion central in development economics that countries rich in natural resources, p
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Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this o
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