Karimu, Amin; Adu, George; Marbuah, George; Mensah, … - 2016
of the windfall from resource rents should be channelled into accumulating foreign assets such as a sovereign public fund … such countries, rents from resources serve as opportunity to scale-up the needed public capital. Using panel data for the … period 1990-2013, we find in line with the scaling-up hypothesis that resource rents significantly increase public investment …