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Academic literature on the topic 'Resource curse'

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Published: 4 June 2021
Last updated: 29 July 2024

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Journal articles on the topic "Resource curse"

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Ralph and Coyle. "Resource Curse?" Transition, no. 107 (2012): 151. http://dx.doi.org/10.2979/transition.107.151.

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Zhu, Yuanyuan, Xiaoqi Zhou, Yilin Gan, Jing Chen, and Ruilin Yu. "Spatio-Temporal Differentiation and Driving Mechanism of the “Resource Curse” of the Cultivated Land in Main Agricultural Production Regions: A Case Study of Jianghan Plain, Central China." International Journal of Environmental Research and Public Health 18, no. 3 (January 20, 2021): 858. http://dx.doi.org/10.3390/ijerph18030858.

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Cultivated land resources are an important component of natural resources and significant in stabilizing economic and social order and ensuring national food security. Although the research on resource curse has progressed considerably, only a few studies have explored the existence and influencing factors of the resource curse of non-traditional mineral resources. The current study introduced resource curse theory to the cultivated land resources research and directly investigated the county-level relationship between cultivated land resource abundance and economic development. Meanwhile, the spatiotemporal dynamic pattern and driving factors of the cultivated land curse were evaluated on the cultivated land curse coefficient in China’s Jianghan Plain from 2001 to 2017. The results indicated that the curse coefficient of cultivated land resources in Jianghan Plain generally shows a downward trend. That is, the curse phenomenon of the cultivated land resources in large regions did not improve significantly in 2001–2017. The influencing factors of the cultivated land resource curse in different cursed degree areas varied and the spatial interaction of the cursed degree areas differed as well. This study proposed a transmission mechanism of the cultivated land resource curse in Jianghan Plain. Policies from throughout the entire and within the main agricultural producing areas were proposed to adjust the cultivated land resource curse. The results and conclusions of this study will be beneficial in improving future land-use policies in major agricultural areas and reducing lag in economic development caused by the strict protection of cultivated land resources.
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Arbucias, Daniel. "The Resource Class: Measuring Economic Inequality in Resource Curse States." Journal of Natural Resources Policy Research 9, no. 1 (June 2019): 22–41. http://dx.doi.org/10.5325/naturesopolirese.9.1.0022.

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ABSTRACT This work conducts a comparative analysis on how diamonds and petroleum produce differing types of economic inequality in resource curse states, contributing to institutional entropy. By arguing for the causal primacy of resources in types of eventuated curses, this approach posits the concept of a “resource class” in diamond- and petroleum-producing resource curse states. Strength tests of resource classes against a variety of independent variables finds that petroleum-based resource classes funnel revenues to fewer, more powerful individuals than diamond-based classes, at the expense of currency stability, equal opportunity for women and minorities, and competing interest groups. Conversely, diamond resource classes tend to be more egalitarian, yet a negative correlation is observed between the market economy and diamond production among cursed states.
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Woo, Jung Moo. "Another Resource curse?" JOURNAL OF SOCIAL SCIENCE 24, no. 3 (September 30, 2017): 411–26. http://dx.doi.org/10.46415/jss.2017.09.24.3.411.

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Davis, Graham A., and John E. Tilton. "The resource curse." Natural Resources Forum 29, no. 3 (August 2005): 233–42. http://dx.doi.org/10.1111/j.1477-8947.2005.00133.x.

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Le Billon, Philippe. "The resource curse." Adelphi Papers 45, no. 373 (March 2005): 11–27. http://dx.doi.org/10.1080/05679320500129037.

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Algharabali, Barrak Ghanim, and Saud Asaad Al-Thaqeb. "The Natural Resource Curse: Is It Really a Curse?" International Journal of Energy Economics and Policy 13, no. 4 (July 9, 2023): 237–45. http://dx.doi.org/10.32479/ijeep.14300.

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The Natural Resource Curse literature started with a clear consensus that dependence on natural resources have clear direct negative effects on economic growth and levels of democracy. However, the literature today reflects that the debate is still going where several papers reflects evidence that is against the consensus of the Natural Resource Curse hypothesis, which provides many open avenues for further research. This paper surveys the literature of the natural resource curse and identifies the main arguments and findings of both streams (curse stream and blessing stream). The main point that this paper highlights is that the literature is still not clear 100% whether the natural resource is a curse or a blessing. The econometric technique and the way how you define natural resources could lead to different or opposite results.
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Brass, Jennifer N. "Djibouti's unusual resource curse." Journal of Modern African Studies 46, no. 4 (November 11, 2008): 523–45. http://dx.doi.org/10.1017/s0022278x08003479.

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ABSTRACTAn extensive literature on the ‘resource curse’ posits that abundant natural resources ‘curse’ countries possessing them with negative economic, social and political externalities. Usually, scholars identify tangible resources like oil, diamonds or timber, rarely questioning whether other kinds of resources might have the same impact, and under what conditions. This paper examines how little-studied Djibouti's non-tangible resources – geo-strategic location and aid-inspiring poverty – have produced ‘curse’ effects; with an economy dominated by US and French military spending (and concomitant aid) and rents on trade passing to and from Ethiopia, tiny Djibouti suffers from this curse. It draws four conclusions. First, resource curse effects can derive from non-traditional sources. Second, leaders' policy decisions matter at least as much as the presence or absence of resources. Third, advanced countries' spending patterns in their less-developed allies often produce unintended consequences. Finally, even tiny countries can provide scholars and policy makers with new insights.
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Wang, Hua, Shi Wang, Cheng-Fu Yang, Sheng-Nan Jiang, and Yun-Juan Li. "Resource Price Fluctuations, Resource Dependence and Sustainable Growth." Sustainability 11, no. 22 (November 13, 2019): 6371. http://dx.doi.org/10.3390/su11226371.

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The previous literature on the resource curse has not taken resource price fluctuations into account. Using panel data covering the period from 1993 to 2017 from 28 provinces in China and dynamic generalized method of moments (GMM), this article takes a fresh look at the relationship between resource dependence and sustainable economic growth and the potential transmission mechanisms taking resource price fluctuations into consideration. We find that resource price fluctuations represent an important factor when researching the resource curse, and there is a U-shaped relationship between resource dependence and sustainable economic growth. However, over the past 20 years, provinces in China remained on the left of the U-shaped curve, and there is a single negative correlation between resource dependence and sustainable economic growth. This means that resource curse occurs in nearly all provinces in China. The analysis of transmission mechanisms of indirect effects taking resource price fluctuations into consideration shows that human capital investment and physical capital investment are more important than other mechanisms, and there are considerably more indirect effects than direct effects when taking into account the total effects of the resource curse.
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Hu, Hui, Weijun Ran, Yuchen Wei, and Xiang Li. "Do Energy Resource Curse and Heterogeneous Curse Exist in Provinces? Evidence from China." Energies 13, no. 17 (August 25, 2020): 4383. http://dx.doi.org/10.3390/en13174383.

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This study aims to find the relationship between energy resource dependence and economic growth in consideration of interprovincial heterogeneity. This paper first uses panel data from 14 provinces with rich energy resources in China between 2001 and 2016 as a whole to test the energy resource curse hypothesis. It finds that there is no obvious resource curse from a general perspective. It further makes time prediction and transmission channel analysis based on regressions of each province and classifies them into four groups according to the different degrees of the resource curse. It shows the different roles of resource dependencies in different groups. Twelve provinces are subject to different degrees of the resource curse, among which, six provinces would eventually experience negative economic growth if they increase the degree of resource dependence. Next, this study discusses the mechanism of one particular group, “invisible energy resource curse”, which is when energy resources directly promote but indirectly hinder economic growth. Finally, based on the results, the present study offers policy suggestions according to provinces’ heterogeneous curse levels.
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Dissertations / Theses on the topic "Resource curse"

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Hubner, Armin. "Ghana and the resource curse." Thesis, Webster University, 2014. http://pqdtopen.proquest.com/#viewpdf?dispub=1525124.

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Ghana has experienced solid economic and social development during the years before the finding of oil. Now that oil has been found, one should not forget that there are many countries in Africa which are rather cursed than blessed with natural resources. This phenomenon is known as the resource curse or more specifically the oil curse. This paper attempts to uncover the most challenging areas for Ghana, when its government wants to lift the resource curse. It further shows that Ghana is well prepared to tackle the negative effects of being oil abundant, by using the well-established models and concepts, which build on empirical analysis. Literature provides a lot to describe the oil curse, including the so called Dutch disease as well as conflicts, corruption, violence and bad governance, to mention a few. This paper will - in a case study approach- apply the concepts on Ghana and -with a qualitative comparative research design- expose the best practices from which Ghana can learn most. It will also show that Ghana's relatively good institutions will be able to implement most of the suggested policies which oppose the resource curse.

The outcome will be that Ghana's political environment, although far from perfect, is well prepared to deal with windfall oil revenues. Furthermore Ghana due its good structure of institutions and its stabilizing macroeconomic policies in the last decades, Ghana will be able to engage in best practice policies.

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Jones, Yakama Manty. "Debt overhang and natural resources : revisiting the resource curse hypothesis." Thesis, Birkbeck (University of London), 2014. http://bbktheses.da.ulcc.ac.uk/95/.

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Growth literature presents evidence that resource abundant economies comparatively grow less than other economies, giving rise to the ‘Resource Curse Hypothesis’. Many researchers have developed several theories to explain the ‘Resource Curse’ but there are very few explicit considerations of ‘Debt Overhang’ in these explanations. This study concentrates on the ‘Debt Overhang –Resource Curse’ link given the significant relationships between debt sustainability and other resource spending. It also implicitly seeks to test key competing theories. The key contribution is the evaluation of the ‘Resource Curse’ and ‘Debt Overhang’ phenomena simultaneously using mixed methods analysis. This thesis consist of three complementary empirical studies organised in chapters under the ‘Debt Overhang-Resource Curse’ theme: A Panel Data Analysis of Debt Overhang, Natural Resources and Growth in 153 countries from 1970 to 2011; A Time Series Analysis of Sierra Leone’s Debt Overhang, Natural Resource and Growth Experience from 1970 to 2011 and A Perceptions and Documentary Analysis of Debt Overhang, Natural Resources and Growth in Sierra Leone. In Chapter Three, the ‘Debt Overhang –Resource Curse’ hypothesis was tested by estimating a system of simultaneous equations using the Generalised Method of Moments Three - Staged Least Squares estimator for the whole panel and carefully defined subsets. The results confirmed the ‘Debt Overhang –Resource Curse’ hypothesis in the case of least developed countries, mineral rich countries and petroleum rich countries although it failed to excel when the whole panel was examined. The ‘Debt Overhang –Resource Curse’ hypothesis was also confirmed in Chapter Four, when a Structural Vector Autoregressive Model was estimated for Sierra Leone : a resource rich, heavily indebted poor country at the bottom of the Human Development Index, has recently received large economic growth projections. The results for Sierra Leone were further confirmed using cointegration and Granger causality tests. The investigation continued with a perceptions and documentary analysis in Chapter Five. It investigated whether perceptions of Sierra Leoneans provide support for the Debt Overhang –Resource Curse hypothesis by estimating a structural equation model using Partial Least Squares, utilising data collected during a survey of mining communities. The results of the estimations were triangulated with findings from interviews, observations and documentary analysis. This analysis provided support for the hypothesis as well as some complementary theories within the Resource Curse debate. This simultaneous assessment of the impact of both debt overhang and natural resources on growth went beyond quantitative investigations to provide proof of the link shared by these elements. It also made a rationale for a ‘case-by-case’ analysis of economic growth and development phenomena, resulting in policy recommendations with a greater degree of alignment.
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Diallo, Thierno Amadou. "Beyond the resource curse : mineral resources and development in Guinea-Conakry." Thesis, Massachusetts Institute of Technology, 2015. http://hdl.handle.net/1721.1/98930.

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Thesis: M.C.P., Massachusetts Institute of Technology, Department of Urban Studies and Planning, 2015.
This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.
Cataloged from student-submitted PDF version of thesis.
Includes bibliographical references (pages 73-76).
Natural resource endowments are no guarantee of socioeconomic development. Many developing countries are rich in natural resources (minerals, oil, gas, hydropower), and yet many of their citizens remain in poverty and their economies have failed to grow; the "paradox of plenty". Despite its natural resources (bauxite, iron ore, diamond, gold and hydropower), Guinea has been unsuccessful in marshaling and leveraging these resources to produce socioeconomic development. The critical challenge for Guinea, just like many resource-rich countries, is governance failures- decades of military rule, corruption and resource mismanagement after centuries of French colonial rule. This thesis uses secondary sources and data to argue that the resource curse as a phenomenon in resource-rich countries has limitations as it does not offer these countries a path for how their resources could be used to propel social and economic development. To overcome the so-called resource curse, this thesis argues that the key to unlocking economic and social development in mineral-rich Guinea, is investing its resource-generated revenue to develop the country's infrastructure services. Infrastructures such as roads, telecommunications, water, power, education and health facilities are the foundation for socioeconomic development. The new hope for Guinea rests in the fact that after more than fifty two years of military and authoritarian rule, the country transitioned to "democracy" for the first time in 2010. This coupled with the emergence of new global players such as China and other emerging countries, with their quests to secure stable natural resources to fuel their industries, comes a new window of opportunity for resource-rich countries such as Guinea to leverage and link its extractive industries to develop key infrastructure services. Guinea could leverage its bauxite and iron ore industries to transition to onsite transformation of these materials, whose transformation is energy-intensive. Guinea could then leverage the demand for power from the onsite transformation to develop its untapped hydropower generation capacity to supply both mines and the rest of the country. However, this will not happen without governance reforms in Guinea's extractive industries and mining code.
by Thierno Amadou Diallo.
M.C.P.
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Anne, Clément. "Beyond the resource curse : Macroeconomic strategies in resource dependent economies." Thesis, Université Clermont Auvergne‎ (2017-2020), 2019. http://www.theses.fr/2019CLFAD024.

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En réponse à la littérature dense concernant les impacts directs et indirects des ressources naturelles sur le développement, cette thèse cherche à analyser les économies dépendantes en ressources naturelles au-delà de la malédiction des ressources naturelles, et analyse 3 problématiques macroéconomiques importantes auxquelles ces pays font face. A l'inverse de la tendance à se focaliser uniquement sur un échantillon de pays selon les ressources produites ou le niveau de développement, cette thèse ne discrimine pas selon ces facteurs afin d'inclure les pays partageant leur exposition à la volatilité des prix des matières premières comme menace importante, tout en analysant les pays ayant eu des fortunes diverses dans la gestion des richesses issues des ressources naturelles.Tout d'abord, elle fournit une analyse empirique des déterminants de la procyclicité de la politique budgétaire qui est une tendance des autorités budgétaires à fournir des réponses budgétaires dans la même direction que le cycle économique, soit restrictive en période de diminution de la croissance économique, et expansionniste en période de croissance soutenue. Basée sur 81 pays pour la période 1992-2012, l'étude évalue un large ensemble de déterminants potentiels et trouve une importance des facteurs de politique économique pour expliquer la limitation de la procyclicité budgétaire dans la partie croissante du cycle économique. Elle appuie également l'idée que les Fonds Souverains sont plus efficaces que les règles budgétaires pour limiter la procyclicité budgétaire, en particulier à travers la limitation de la hausse des dépenses dans les bonnes périodes économiques. Le chapitre suivant fournit une étude empirique sur la relation entre les prix des matières premières et la diversification des exportations, une problématique particulièrement importante afin d'évaluer si les pays dépendants en ressources naturelles ont utilisé les hausses de prix comme opportunité pour diversifier leur économie au-delà du secteur des ressources naturelles. A l'aide d'un panel de 78 pays pour la période 1970-2012, il en ressort une relation empirique positive entre les variations des prix des ressources naturelles et la concentration des exportations, en particulier à travers la concentration de l'ensemble des biens exportés auparavant (marge intensive) durant les périodes de hausse des prix des matières premières. Il met également en évidence une plus forte concentration des exportations à la suite de la hausse du prix des ressources naturelles dans les années 2000 que lors de l'épisode des années 1970, ce qui a pu compliquer la reprise économique dans ces pays depuis le retour des prix des matières premières à un niveau bas.Finalement, cette thèse inclut une analyse critique du concept de Fonds Souverains qui a été une recommandation en vogue pour les pays afin de gérer l'argent issue de leurs ressources naturelles. Après avoir fourni un résumé critique de ce que la notion recouvre, ce dernier chapitre fournit un cadre pour comprendre ces fonds dans un continuum de fonds publiques. Cela permet de déterminer des recommandations quant aux problématiques macroéconomiques pour lesquels ces fonds peuvent être utiles dans le contexte des pays dépendants en ressources naturelles, ainsi que les facteurs qui peuvent diminuer la pertinence ou l'efficacité de tels fonds. Cette thèse met en lumière la pertinence d'étudier les problématiques importantes auxquelles font faces les pays dépendants en ressources au lieu de rester dans le cadre du long débat de la malédiction des ressources naturelles, et incite à de futurs travaux visant à aider les décideurs politiques de ces pays pour mettre en œuvre des stratégies macroéconomiques adaptées à leurs économies
As a response to the intensive literature regarding the direct or indirect impacts of natural resources on economic development, this thesis intends to analyze resource dependent economies beyond the scope of the resource curse and provide analyses on 3 key macroeconomic challenges faced by those countries. Unlike the trend to focus only on a set of countries depending on their resources produced or their level of economic development, this thesis does not discriminate according to these factors to include countries sharing their exposure to international commodity price volatility as a major threat, while analyzing countries which may have had various successes in their management of resource wealth.First, it empirically analyzes the determinants of fiscal procyclicality which is the tendency of fiscal authorities to give fiscal policy responses in the same direction as the economic cycle, restrictive in case of a decrease of economic growth and expansionary in the periods of sustained economic growth. Based on a sample of 81 countries over 1992-2012, this study assesses a variety of potential candidates and find an importance of political-economy determinants in limiting fiscal procyclicality especially in the higher part of the business cycle. It also provides some support to the idea that Sovereign Wealth Funds are more effective than Fiscal Rules to limit fiscal procyclicality especially through a limitation of expenditure growth in good economic periods.The next chapter provides an empirical study to the relationship between commodity prices and export diversification, a challenge especially important to assess whether resource dependent economies used commodity price booms as opportunities to diversify their economy away from the resource sector. Based on a panel of 78 countries over 1970-2012 it finds a strong empirical support to the impact of commodity price booms on export concentration especially through a concentration of the mix of already exported products (intensive margin) during periods of commodity price booms and an increase of export diversification during periods of commodity price busts. It also highlights the higher concentration of exports during the 2000s commodity price boom than following the 1970s boom, which may have complicated the recovery of those countries since the reversal of commodity prices to a low level.Finally, it provides a critical analysis to the concept of Sovereign Wealth Funds which has been a trendy recommendation for countries to manage their resource wealth. After providing a critical review to what this notion may cover, it provides a framework to understand funds labeled as Sovereign Wealth Funds in a continuum of public funds. This enables to give some recommendations regarding the macroeconomic challenges those funds may help managing in the context of resource dependent economies as well as the factors which could limit a fund's relevance or effectiveness.This thesis highlights the relevance of studying key challenges faced by resource dependent countries instead of focusing to the long-lasting debate of the resource curse and calls for future works to help policymakers in those countries to implement sound macroeconomic strategies for their economies
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Schubeis, Jonatan. "Can Good Institutions Avert the Resource Curse?" Thesis, Uppsala universitet, Nationalekonomiska institutionen, 2020. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-415515.

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To establish the economic impact of petroleum in the UK, this paper uses the synthetic control method. By constructing an artificial UK economy without oil, from the donor pool of OECD economies, it establishes the counterfactual time path of capital stock the UK would have had if it lacked the petroleum endowment. Comparing the observed time path of capital stock with its counterfactual, one can witness that the petroleum extraction has reduced the UK’s capital stock with an average of 17 % since 1970, despite the UK having arguably the best quality of institutions. Dose-response tests suggest that it is possible to attribute the impact to the petroleum production. Performed robustness and sensitivity tests together with several falsification tests show that the result is robust to alternations in the donor pool, the predictor variables and alternative explanations. The finding raises a question regarding the quality of institutions, advanced by Mehlum, Moene and Torvik and claimed that the resource curse only occurs in economies with low quality of institutions.
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Holland, Caroline M. "An oil curse? : resource conflict onset and duration /." Connect to title online (Scholars' Bank), 2009. http://hdl.handle.net/1794/10175.

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Sharpe, Margie E. "Corruption the true cause of the resource curse? /." Connect to this title online, 2006. http://etd.lib.clemson.edu/documents/1171902147.

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Holland, Caroline M. 1986. "An Oil Curse? Resource Conflict Onset and Duration." Thesis, University of Oregon, 2000. http://hdl.handle.net/1794/10175.

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ix, 107 p. : maps. A print copy of this thesis is available through the UO Libraries. Search the library catalog for the location and call number.
This study examines the effect oil has on the onset and duration of conflict. In the "resource curse" literature, researchers argue that a state's abundance in natural resources can raise the likelihood of civil war. Such findings are largely based on correlations from large-n statistical studies or are hypotheses from individual case studies. These approaches fail to check the causal validity of key variables in multiple cases. Using a data-set comprised of sixteen countries that have experienced both oil extraction and civil war, this study conducts a qualitative causal variable analysis within these cases, while also checking the causal significance of key variables across cases. This study of oil-related civil wars analyzes the cross-case validity and overall relevance of: rebel greed, citizen grievances, unemployment in oil-rich regions, state military spending, clientelistic patterns of oil rent distribution, and oil-sector nationalization schemes.
Committee in Charge: Dr. Jane K. Cramer, Chair; Dr. Shaul E. Cohen; Dr. Anita M. Weiss
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Roberts, Danielle M. "The Resource Curse and Economic Freedom: A Bayesian Perspective." Scholarship @ Claremont, 2015. http://scholarship.claremont.edu/cmc_theses/1132.

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The literature addressing the resource curse has been extensive. Many studies have put forth theories to explain the curse, but these theories are often refuted by new studies. Recently, there has been a theory that natural resource abundance leads to decreased economic freedom, which causes slower economic growth. Many of these studies have using frequentist testing to arrive at their conclusions. Although frequentist testing is widely used, there are several drawbacks. In particular, there is no way of addressing model uncertainty. Unless a study is able to incorporate every significant explanatory variable, the results will suffer from omitted variable bias. Recently, researchers have been applying Bayesian statistics to address the problem of model uncertainty. In this study, we apply Bayesian Model Averaging (BMA) to build a growth model, and see if natural resources have a negative effect on growth. We take the implementation of BMA a step further to see if there is an indirect negative effect of natural resources on economic freedom. However, contrary to previous studies, we were not able to find a negative relationship between resource abundance and economic freedom.
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Al, Sabah Meshaal Jaber Al Ahmed. "Resource curse reduction through innovation : the case of Kuwait." Thesis, University of Portsmouth, 2011. https://researchportal.port.ac.uk/portal/en/theses/resource-curse-reduction-through-innovation(fce02ef6-569b-4de0-b69c-915efe81387d).html.

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The strategic issues surrounding the governance of oil resources and its simplication for the growth and development of Kuwait through innovation are considered in this study – Resource Curse Reduction through Innovation. Within the large and growing body of work in this area a negative relationship between resource abundance and poor economic performance has often been empirically established. Many of the third world countries are richly endowed with significant natural resources. A plethora of research findings shows that these countries are scoring lower on human development, they exhibit pervasive corruption, display conflicts and a large percentage of their population live in dire poverty. Moreover, an enormous amount of their gross domestic income is spent on defence spending and manifests an autocratic form of governance. For the most part this evidence appears to support the "resource curse" hypothesis. The question that arises is whether there is any prospect of the "resource curse" being converted into a "blessing". This study examines the role of innovation in this context as Kuwait considers moving away from its dependence on its natural resources which sustain the economy. Since, innovation is considered a result of numerous interactions between key organizations and groups in the economy including institutions of learning, government, firms and other organizations which together form an innovation system, it may be opportune to consider the reductive role of innovation related to the resource curse. There are many unique cultural issues that confront Kuwait, and make it a fundamentally different case from other countries endowed with natural resources. The culture of governance in Gulf countries, and the norms and values within each individual Gulf country, become key determinants of innovation that impact on the various economic, political and social phenomena. By reviewing the extensive literature in both the field of the resource curse and innovation and collecting primary data, this study offers an overview of the challenges of promoting and supporting innovation in Kuwait, and the effectiveness of dissemination of innovative practices throughout the various economic sectors. Numerous studies have considered whether a country's natural resources are a curse or a blessing. Emerging findings appear to suggest that at times, resource-based economic growth models have indeed inhibited growth rates. Development economics also presents numeric data to substantiate the view that the gifts of nature are non-renewable and cannot be replenished. The hypothesis that natural resources of a country might be more of an economic curse than a blessing needs to be tested at different stages of economic growth of a country. The rate at which natural resources are exploited has often been cause for concern. From an economic perspective, Kuwait should inevitably switch from dependence upon natural resources to the development of sectors based on knowledge, skills, capital and technology. A defining characteristic of many resource-rich countries is the discrepancy between the interest of the stewards of the resources and the owners of the resources. At times those in political office (the stewards) appear to work extremely hard to ensure that the rest of the population (the owners) receive little benefit from the resources with which their countries have been abundantly endowed, and so the governance of natural resources merits further research. The study shows that income accruing as a result of the discovery of oil in Kuwait rapidly changed Kuwait's economic priorities, bringing new opportunities and at the same time new challenges. The findings of the research highlight many important issues relating to innovation and the depletion of non-renewable resources indicating to what extent certain sectors of the economy are innovative. One of the unique challenges facing Kuwait is what collective action is necessary to safeguard time honoured traditions that combine economic prosperity with solidarity. Today Kuwait is in need of new commitments on the part of its citizens and decisive actions in political leadership. Instead of maintaining structures and organizations that have shown themselves unable to deal with the challenges that face Kuwait, Kuwait must be ready to support structural changes. This in particular requires a prioritisation of resources towards education, research and development. Kuwait can only become comprehensively innovative if all sectors support the development of innovative products and services. Strategic issues entailing innovation require the involvement of all parties. These include businesses, the public sector, producers and consumers. A wide-ranging partnership for innovation is necessary, particularly when a country‘s resources are in question. To establish an optimal framework and develop potential for innovation, the prospect of an innovation-friendly market must be widely accepted and a national innovation system where the flows of technology and information among people, enterprises, and institutions that are the key to the innovation process at the national level are required. In light of these issues this study recommends the reduction of a resource curse through targeted innovation initiatives. The exploitation of natural assets is a matter of grave concern. Exploration and exploitation are costly and risky exercises in terms of growth and profitability. Kuwait needs to cultivate a culture that fosters creative ideas associated with, among others, safety and security of its natural and human resources, morality, employment and health within the context of an increasingly global environment. A lack of a shared vision, purpose and strategy reduces the vital role that innovation can play. Investment in innovation is therefore critical and Kuwait needs to reinvent itself economically.
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Books on the topic "Resource curse"

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Brueckner, Martin, Angela Durey, Robyn Mayes, and Christof Pforr, eds. Resource Curse or Cure ? Berlin, Heidelberg: Springer Berlin Heidelberg, 2014. http://dx.doi.org/10.1007/978-3-642-53873-5.

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Weeks, Jennifer. The Resource Curse. 2455 Teller Road, Thousand Oaks California 91320 United States: CQ Press, 2011. http://dx.doi.org/10.4135/cqrglobal20111220.

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Macartan, Humphreys, Sachs Jeffrey, and Stiglitz Joseph E, eds. Escaping the resource curse. New York: Columbia University Press, 2007.

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Wei, Jieyu. Zhongguo xi bu di qu "zi yuan zu zhou" chuan dao ji zhi yan jiu: The research of resources curse transmission mechanism in western China. Beijing Shi: Jing ji guan li chu ban she, 2018.

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Manzano, Osmel. Resource curse or debt overhang? Cambridge, MA: National Bureau of Economic Research, 2001.

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Damonte, Gerardo, and Bettina Schorr. Andean States and the Resource Curse. London: Routledge, 2021. http://dx.doi.org/10.4324/9781003179559.

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Frankel, Jeffrey A. The Natural Resource Curse: A survey. Cambridge, MA: National Bureau of Economic Research, 2010.

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Zhao, Weiwei. Xiang dui zi yuan zu zhou li lun ji qi zai Zhongguo de shi zheng yan jiu. Beijing Shi: Zhongguo jing ji chu ban she, 2012.

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Rosser, Andrew. Why did Indonesia overcome the resource curse? Brighton: Institute of Development Studies, 2004.

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Iimi, Atsushi. Did Botswana escape from the resource curse? [Washington, D.C.?]: International Monetary Fund, 2006.

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Book chapters on the topic "Resource curse"

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Chandler, Lisa. "Regulating the Resource Juggernaut." In Resource Curse or Cure ?, 165–77. Berlin, Heidelberg: Springer Berlin Heidelberg, 2014. http://dx.doi.org/10.1007/978-3-642-53873-5_11.

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Brueckner, Martin, Angela Durey, Robyn Mayes, and Christof Pforr. "Confronting the ‘Resource Curse or Cure’ Binary." In Resource Curse or Cure ?, 3–23. Berlin, Heidelberg: Springer Berlin Heidelberg, 2014. http://dx.doi.org/10.1007/978-3-642-53873-5_1.

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Pforr, Christof, Ross Dowling, and David Newsome. "Geotourism: A Sustainable Development Alternative for Remote Locations in Western Australia?" In Resource Curse or Cure ?, 153–62. Berlin, Heidelberg: Springer Berlin Heidelberg, 2014. http://dx.doi.org/10.1007/978-3-642-53873-5_10.

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Roche, Charles, and Gavin Mudd. "An Overview of Mining and the Environment in Western Australia." In Resource Curse or Cure ?, 179–94. Berlin, Heidelberg: Springer Berlin Heidelberg, 2014. http://dx.doi.org/10.1007/978-3-642-53873-5_12.

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Majer, Jonathan D. "Mining and Biodiversity: Are They Compatible?" In Resource Curse or Cure ?, 195–205. Berlin, Heidelberg: Springer Berlin Heidelberg, 2014. http://dx.doi.org/10.1007/978-3-642-53873-5_13.

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Broderick, Gemma, and Pierre Horwitz. "Sustainability Mining: Water for Mining, and Mining Water." In Resource Curse or Cure ?, 207–19. Berlin, Heidelberg: Springer Berlin Heidelberg, 2014. http://dx.doi.org/10.1007/978-3-642-53873-5_14.

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Mayes, Robyn. "Mining and (Sustainable) Local Communities: Transforming Ravensthorpe, Western Australia." In Resource Curse or Cure ?, 223–37. Berlin, Heidelberg: Springer Berlin Heidelberg, 2014. http://dx.doi.org/10.1007/978-3-642-53873-5_15.

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Brueckner, Martin. "On the Social Sustainability of Development in Western Australia: A Community Perspective." In Resource Curse or Cure ?, 239–55. Berlin, Heidelberg: Springer Berlin Heidelberg, 2014. http://dx.doi.org/10.1007/978-3-642-53873-5_16.

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Scott, Kim, and Angela Durey. "‘Not Taking, But Giving’: A Paradox of Cross-Cultural Empowerment." In Resource Curse or Cure ?, 257–70. Berlin, Heidelberg: Springer Berlin Heidelberg, 2014. http://dx.doi.org/10.1007/978-3-642-53873-5_17.

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Brueckner, Martin, Angela Durey, Robyn Mayes, and Christof Pforr. "Curse or Cure? Revisiting State, Capital and Resources." In Resource Curse or Cure ?, 273–90. Berlin, Heidelberg: Springer Berlin Heidelberg, 2014. http://dx.doi.org/10.1007/978-3-642-53873-5_18.

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Conference papers on the topic "Resource curse"

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Yang, Ke-lei, and Xiao-zi Niu. "Resource curse in resource dependent provinces in China." In 2009 International Conference on Management Science and Engineering (ICMSE). IEEE, 2009. http://dx.doi.org/10.1109/icmse.2009.5318214.

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Zubikova, Adela. "RESOURCE CURSE: CASE STUDY OF NIGERIA." In 8th Economics & Finance Conference, London. International Institute of Social and Economic Sciences, 2017. http://dx.doi.org/10.20472/efc.2017.008.016.

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Eder, Leontiy. "RESOURCE REGIONS OF RUSSIA: RESOURCE CURSE AND SUSTAINABLE INNOVATIVE DEVELOPMENT." In 18th International Multidisciplinary Scientific GeoConference SGEM2018. Stef92 Technology, 2018. http://dx.doi.org/10.5593/sgem2018/5.3/s28.088.

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Mei, Feng. "How to crack “resource curse”?" In 2011 International Conference on E-Business and E-Government (ICEE). IEEE, 2011. http://dx.doi.org/10.1109/icebeg.2011.5886853.

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Bal, Harun, and Berk Palandökenlier. "Is the Resource Curse Thesis Affect Only Least Developed Countries? Examples from Resource-Rich Developed Countries." In International Conference on Eurasian Economies. Eurasian Economists Association, 2021. http://dx.doi.org/10.36880/c13.02514.

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Whether the Dutch Disease thesis, which is one of the best-known economic explanations on this subject, which puts forward the thesis that countries rich in natural resources can have negative effects on long-term economic growth, directly or indirectly, depending on the way they are used, is valid or not. tried to be demonstrated. The Dutch disease thesis is one of the main explanations for resource misfortune, emphasizing the negative effects of resource abundance on the national economy in countries with rich resource endowments and pointing to a paradox that economic conditions will be better in countries that do not have relatively little (or scarce) natural resources. is happening. Therefore, in our study, it is aimed to investigate whether resource richness causes an economic recession or not, especially for developed countries by considering indirect transmission channels. In this context, 11 developed countries such as Netherlands, Norway, Ireland, Germany, New Zealand, the United States of America, Canada, Australia, Poland, the United Kingdom, and Denmark, between 1990 and 2019, are based on the experiences of developed countries, which are especially rich in different sources of Dutch Disease syndrome. The country has been researched with static and dynamic panel analysis methods. As a result of the estimation, findings were found that the Dutch Disease was partially valid in terms of developed country samples throughout the sample period considered.
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Novikov, Alexander Yu, and Anna V. Komarova. "Approaches to identification of a recource curse." In Недропользование. Горное дело. Направления и технологии поиска, разведки и разработки месторождений полезных ископаемых. Экономика. Геоэкология. Федеральное государственное бюджетное учреждение науки Институт нефтегазовой геологии и геофизики им. А.А. Трофимука Сибирского отделения Российской академии наук, 2020. http://dx.doi.org/10.18303/b978-5-4262-0102-6-2020-095.

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This article discusses various techniques for identifying "resource dependence" and "resource curse", and compiles their classification. We use multivariate regressions and data about Russian regions for 2017. It was shown that the initially used approach to analysis gives a negative result, but modern methods gives other results, the resource curse spreads through separate channels. It is impossible to say unequivocally about the absence of a curse in Russia.
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Nişancı, Murat, Ziya Çağlar Yurttançıkmaz, Aslı Cansın Doker, and Ömer Selçuk Emsen. "The Relationships among Oil Prices, Export, Employment and Economic Growth in Transition Economies with Being High Dependency on Oil Revenue." In International Conference on Eurasian Economies. Eurasian Economists Association, 2016. http://dx.doi.org/10.36880/c07.01639.

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The argument of natural resources’ curse explains that natural resource wealth of the country, leading to a kind of inertia in the economy causes “spendthrift” position. Accordingly, in the first place, the discovery of natural resources and its price rise have positive repercussions on country’s income and welfare. In the long run, obtained this easy enrichment may well lead to remain barren of other sectors and also affect negatively on diversification of national income and export in natural resource-rich countries. In this study, along with the collapse of the former eastern bloc, the functioning of the argument of natural resources’ curse in the natural resources-rich four transition economies, as the subject of descriptive study was conducted. In the literature of natural resources’ curse, with creating crowding-out effect, natural resources income might well brake to the development of other sectors. In addition, this situation is defined such that with increasing weight of defense industry among other sectors in aggregate income and employment, also not transferred to the social and physical infrastructure investment, particularly in education. In this study, it is examined whether there is oil prices sensitivity on the export, employment, public expenditure and national income in natural resource-rich transition economies. From the analysis results, it can be said that there is significant movements between oil prices and chosen variables and considering those findings, strong/powerful of natural resources’ curse is on process for chosen transition economies.
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Heidrich, Balázs, and Nóra Vajdovich. "Blessing or a Curse? The Analysis of the Resource Management of Hungarian Family-Owned Wineries." In Interdisciplinarity Counts. University of Maribor, University Press, 2023. http://dx.doi.org/10.18690/um.fov.3.2023.27.

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The aim of the study is to provide an analytical overview of the resources and their management ensuring competitiveness of Hungarian family wineries. Family businesses need to be conscious of their various resources and to be able to identify and apply those to maintain competitiveness and to achieve the objectives. The awareness and possession of these resources is not in itself a sufficient basis; an organization-based optimal combination and effective integration are also crucial for success. The aims of the research carried out by the Budapest Business School were to identify and classify the existent and possible resources of Hungarian family business wineries. Furthermore, the research aimed to identify how these resources were integrated into the daily operation. Managing resources in an effective way and integrating them into a strategy is a creative, managerial task requiring metaskills, experience, and tacit knowledge. This qualitative empirical research proves that familiness can facilitate but also complicate the operation of family businesses. The study demonstrates that resource-based theory can explain the performance of family businesses as well as an optimal combination of resources allows to gain competitiveness, but a real competitive advantage is linked to the goal setting of the manager, whose tool is the efficient resource management.
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Madaleno, I. M. "How the resource curse affects urban development in East Timor." In SUSTAINABLE CITY 2008. Southampton, UK: WIT Press, 2008. http://dx.doi.org/10.2495/sc080471.

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Jieyu, Wei. "EMPIRICAL ANALYSIS ON RESOURCE CURSE COEFFICIENT OF CHINESE WESTERN AREAS." In International Conference on Engineering and Technology Innovations (ICETI). Volkson Press, 2017. http://dx.doi.org/10.26480/iceti.01.2017.132.134.

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Reports on the topic "Resource curse"

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Brollo, Fernanda, Tommaso Nannicini, Roberto Perotti, and Guido Tabellini. The Political Resource Curse. Cambridge, MA: National Bureau of Economic Research, January 2010. http://dx.doi.org/10.3386/w15705.

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Manzano, Osmel, and Roberto Rigobon. Resource Curse or Debt Overhang? Cambridge, MA: National Bureau of Economic Research, July 2001. http://dx.doi.org/10.3386/w8390.

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Frankel, Jeffrey. The Natural Resource Curse: A Survey. Cambridge, MA: National Bureau of Economic Research, March 2010. http://dx.doi.org/10.3386/w15836.

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Tella, Rafael Di, Juan Dubra, and Robert MacCulloch. A Resource Belief-Curse? Oil and Individualism. Cambridge, MA: National Bureau of Economic Research, December 2008. http://dx.doi.org/10.3386/w14556.

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Restrepo-Echavarria, Paulina, Enrique G. Mendoza, and Franz Hamann. Resource Curse or Blessing? Sovereign Risk in Resource-Rich Emerging Economies. Federal Reserve Bank of St. Louis, 2018. http://dx.doi.org/10.20955/wp.2018.032.

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Sala-i-Martin, Xavier, and Arvind Subramanian. Addressing the Natural Resource Curse: An Illustration from Nigeria. Cambridge, MA: National Bureau of Economic Research, June 2003. http://dx.doi.org/10.3386/w9804.

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Hausmann, Ricardo, and Roberto Rigobon. An Alternative Interpretation of the 'Resource Curse': Theory and Policy Implications. Cambridge, MA: National Bureau of Economic Research, January 2003. http://dx.doi.org/10.3386/w9424.

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Vilela, Ines, Pedro C. Vicente, Alexander Coutts, and Alex Armand. Does Information Break the Political Resource Curse? Experimental Evidence from Mozambique. The IFS, January 2019. http://dx.doi.org/10.1920/wp.ifs.2019.0119.

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Robinson, James, Ragnar Torvik, and Thierry Verdier. The Political Economy of Public Income Volatility: With an Application to the Resource Curse. Cambridge, MA: National Bureau of Economic Research, May 2015. http://dx.doi.org/10.3386/w21205.

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Armand, Alex, Ana Isabel Costa, Alexander Coutts, Pedro Vicente, and Ines Vilela. Using information to break the political resource curse in natural gas management in Mozambique. International Initiative for Impact Evaluation (3ie), March 2019. http://dx.doi.org/10.23846/tw8ie93.

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