Natural Resources, Neither Curse nor Destiny

By D. Lederman, William F. Maloney. 2006

496 citations recorded by the source corpus.

This volume studies the role of natural resources in development and economic diversification. It brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. This book addresses two key questions for policy makers in natural resource-rich regions such as Latin America: First, is natural resource wealth an asset or a liability for development and, if potentially the former, how can its contribution be enhanced? And second, can countries rich in natural resources efficiently diversify toward manufacturing or service-sector exports?

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/a01a66af68a1bffe24bad56d84b01bc52867db4e

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In Economics and Econometrics

Citations in the corpus

Do Natural Resources Depress Income Per Capita? (2011, unknown): “3 Lederman and Maloney (2006) allow for endogeneity and different time periods and cannot reproduce Sachs and Warner (1997). They find that resource dependence has a positive effect on growth, whereas export concentration hampers growth, even after controlling for physical and human capital accumula”
Dutch Disease or Agglomeration? The Local Economic Effects of Natural Resource Booms in Modern America (2018, unknown): “[47] Lederman, Daniel, and William Maloney, Eds.”
Commodity Prices, Growth, and the Natural Resource Curse: Reconciling a Conundrum (2008, background): “Mehlum et al. (2006) argue that this problem only occurs in countries 26 Aguirre and Calderón (2005) show that the effect of real exchange-rate misalignment is non-linear: large overvaluations and very large undervaluations reduce growth, while moderate undervaluation raises growth.”
Material constraints to popular imaginaries: The extractive economy and resource nationalism in Bolivia (2012, background): “…that resource rents do not cause low economic growth and persistent poverty per se, but rather the problems generated are related to the political and policy decisions and processes that surround extraction (Lay, Thiele, & Wiebelt, 2008; Lederman & Maloney, 2007; Robinson, Torvik, & Verdier, 2006).”
Product export diversification and sustainable economic growth in developing countries (2019, background): “They show unanimously, from various samples of countries, that export diversification contributes to developing countries’ economic growth (Lederman and Maloney, 2006; Agosin, 2007; Naudé and Rossouw, 2011; IMF, 2014a, 2014b, 2017).”