This study explains the emergence of the Sicilian mafia in the XIX century as the product of the interaction between natural resource abundance and weak institutions. We advance the hypothesis that the mafia emerged after the collapse of the Bourbon Kingdom in a context characterized by a severe...

Development economists have found evidence that an abundance in natural resources hinders economic growth, contrary to conventional expectations. This finding is called the resource curse hypothesis. The major questions this paper addresses are: does the resource curse hypothesis apply to...

This paper discusses some of the challenges that confront oil - rich developing countries in their development path. These challenges include Dutch disease - related phenomena, macroeconomic volatility, weak governance, and constraints to institutional capacity development, which although are...

This study explains the emergence of the Sicilian mafia in the XIX century as the product of the interaction between natural resource abundance and weak institutions. We advance the hypothesis that the ma fia emerged after the collapse of the Bourbon Kingdom in a context characterized by a...

Botswana is typical of the countries that are endowed with abundant natural resources. Although it is commonly accepted that resource-rich economies tend to fail in accelerating growth, Botswana has experienced the most remarkable economic performance in the region. Using the latest...

In most poor countries, large majorities of the population live in rural areas and earn their livelihoods primarily from agriculture. Many rural people in the developing world are poor, and conversely, most of the world's poor people inhabit rural areas. Agriculture also accounts for a...

This chapter is motivated by the question of whether development assistance directed at agriculture (agricultural aid) is effective. It argues that development assistance is continually changing as the ascendant visions of strong global leaders interact with theories of economic growth and...

This chapter takes an analytical look at the potential role of agriculture in contributing to economic growth, and develops a framework for understanding and quantifying this contribution. The framework points to the key areas where positive linkages, not necessarily well-mediated by markets,...

In this paper, we analyse the role of structural transformation in view of the remarkable growth performance of sub-Saharan African countries since the mid-1990s. Our analysis covers 41 African countries over the period 1980 to 2014 and accounts for structural transformation by employing the...

Increasing problems of rural unemployment in Indonesia are at the core of this report. Numbers of unemployed increased dramatically after the 1997 economic crisis and millions of people searched to be reabsorbed in rural labour markets. Agricultural land is scarce, however, and entry barriers...