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amplified reversed ‘Resource Curse’ effects within them, so that results are not driven by good institutions. A theory is then … ‘Dutch Disease’ theory (compared to the ‘institutions’ perspective) in explaining the ‘Resource Curse’ phenomenon. The paper …
Persistent link: https://www.econbiz.de/10008871149
Natural resource abundance is a blessing for some countries, yet is a curse for others. The degree of fiscal decentralization may account for this divergent outcome. Resources tend to locate in remote, non-agglomerated, and sparsely populated areas; a high degree of fiscal decentralization gives...
Persistent link: https://www.econbiz.de/10008871191