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This article considers the so-called resource curse plaguing fragile states with abundant extractive resources. It critically assesses the assumption that nonstate actors such as extractive industries, civil society organizations, and investors have the ability to exert effective pressure...
Persistent link: https://www.econbiz.de/10008776808
The dependence on oil, gas, and mineral exports arguably has a negative impact on economic growth in resource-rich, developing countries. This article looks at the impact of resource dependence on adjusted net savings (ANS) as an indicator of weak sustainability. Our results, based on a panel of...
Persistent link: https://www.econbiz.de/10011104320
Persistent link: https://www.econbiz.de/10009617760
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"Illicit financial flows (IFFs) associated with commodity trade erode the tax base of resource-rich developing countries. Efforts to curb IFFs and reform taxation stumble over enhanced North-South tensions but remain crucial to helping poorer countries mobilise domestic resources for...
Persistent link: https://www.econbiz.de/10015057057