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The Resource The institutions curse : natural resources, politics, and development, Victor Menaldo

The institutions curse : natural resources, politics, and development, Victor Menaldo

Creator
Summary
"The "resource curse" is the view that countries with extensive natural resources tend to suffer from a host of undesirable outcomes, including the weakening of state capacity, authoritarianism, fewer public goods, war, and economic stagnation. This book debunks this view, arguing that there is an "institutions curse" rather than a resource curse. Legacies endemic to the developing world have impelled many countries to develop natural resources as a default sector in lieu of cultivating modern and diversified economies, and bad institutions have also condemned nations to suffer from ills unduly attributed to minerals and oil. Victor Menaldo also argues that natural resources can actually play an integral role in stimulating state capacity, capitalism, industrialization, and democracy, even if resources are themselves often a symptom of underdevelopment. Despite being cursed by their institutions, weak states are blessed by their resources: greater oil means more development, both historically and across countries today"--
Language
eng
Work
Publication
Extent
xiii, 401 pages
Contents
  • 1. Introduction
  • 2. Three puzzles and some building blocks
  • 3. Intellectual heritage of the institutions curse view
  • 4. The institutions curse
  • 5. Not manna from heaven after all : the endogeneity of oil
  • 6. The resource blessing
  • 7. Oil curse or monarchical exceptionalism?
  • 8. Conclusions
Isbn
9781107138605
Instance
Label
The institutions curse : natural resources, politics, and development
Title
The institutions curse
Title remainder
natural resources, politics, and development
Statement of responsibility
Victor Menaldo
Creator
Subject
Language
eng
Summary
"The "resource curse" is the view that countries with extensive natural resources tend to suffer from a host of undesirable outcomes, including the weakening of state capacity, authoritarianism, fewer public goods, war, and economic stagnation. This book debunks this view, arguing that there is an "institutions curse" rather than a resource curse. Legacies endemic to the developing world have impelled many countries to develop natural resources as a default sector in lieu of cultivating modern and diversified economies, and bad institutions have also condemned nations to suffer from ills unduly attributed to minerals and oil. Victor Menaldo also argues that natural resources can actually play an integral role in stimulating state capacity, capitalism, industrialization, and democracy, even if resources are themselves often a symptom of underdevelopment. Despite being cursed by their institutions, weak states are blessed by their resources: greater oil means more development, both historically and across countries today"--
Member of
Assigning source
Provided by publisher
Cataloging source
DLC
http://library.link/vocab/creatorDate
1977-
http://library.link/vocab/creatorName
Menaldo, Victor
Illustrations
illustrations
Index
no index present
Literary form
non fiction
Series statement
Business and public policy
http://library.link/vocab/subjectName
  • Economic development
  • Institution building
  • Natural resources
  • Developing countries
Label
The institutions curse : natural resources, politics, and development, Victor Menaldo
Instantiates
Publication
Bibliography note
Includes bibliographical references and indexes
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
1. Introduction -- 2. Three puzzles and some building blocks -- 3. Intellectual heritage of the institutions curse view -- 4. The institutions curse -- 5. Not manna from heaven after all : the endogeneity of oil -- 6. The resource blessing -- 7. Oil curse or monarchical exceptionalism? -- 8. Conclusions
Control code
ocn947794815
Dimensions
23 cm.
Extent
xiii, 401 pages
Isbn
9781107138605
Isbn Type
(hardback)
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
illustrations
System control number
(OCoLC)947794815
Label
The institutions curse : natural resources, politics, and development, Victor Menaldo
Publication
Bibliography note
Includes bibliographical references and indexes
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
1. Introduction -- 2. Three puzzles and some building blocks -- 3. Intellectual heritage of the institutions curse view -- 4. The institutions curse -- 5. Not manna from heaven after all : the endogeneity of oil -- 6. The resource blessing -- 7. Oil curse or monarchical exceptionalism? -- 8. Conclusions
Control code
ocn947794815
Dimensions
23 cm.
Extent
xiii, 401 pages
Isbn
9781107138605
Isbn Type
(hardback)
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
illustrations
System control number
(OCoLC)947794815

Subject

Member of

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