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This study investigated whether Foreign Direct Investment (FDI) supported the resource curse hypothesis in Nigeria. The precise methodological contribution was based on the Vector Error Correction and Granger causality test. The finding showed cointegration among the variables, whereas the speed...
Persistent link: https://www.econbiz.de/10013401833
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This paper reviews resource sector developments in 12 countries in Sub-Saharan Africa that made their first (major) petroleum discoveries during the most recent commodity boom. The analysis, which goes back to 2001, looks at sector forecasts of international organizations, governments, and...
Persistent link: https://www.econbiz.de/10012296919
This introduction sketches out what relevance wood and wood products have had in Europe's industrial societies. It also summarizes some peculiarities of the wood-based businesses caused by both the materiality of wood and the ecologies of forests. Most importantly, the introduction...
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This paper reviews natural resource "curse", economic growth and related spatial issues literature. Empirical work has established the presence of a negative relationship between growth and natural resource richness. Economic theory suggests a range of explanations: 1) resource booms may induce...
Persistent link: https://www.econbiz.de/10012554406
The Next-11 (N11) countries have witnessed great advancements in economic activities in the past few years. However, the simultaneous attainment of environmental sustainability and improved human well-being has remained elusive. This study probes into ecological footprint (EF) and human...
Persistent link: https://www.econbiz.de/10012597632
This study evaluates the influence of natural resource rents and foreign aid on democracy using panel data from 45 SSA countries from 1980 to 2021. Using five different democracy indices, six different foreign aid variables and six different natural resource rent variables, our...
Persistent link: https://www.econbiz.de/10015361527
As regards the question whether natural resource affluence is a benediction or curse to sustainable development, the jury's verdict is still awaited. While we impatiently await the jury's verdict, this study provides empirical evidence that Mother Nature is responsible for Africa's predicaments...
Persistent link: https://www.econbiz.de/10014563057
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