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Commodity resources offer huge opportunities for development. In the long run, however, the performance of commodity-rich countries tends to fall short of expectations, as commodity rents induce macroeconomic volatility and undermine incentives to improve institutions. This paper looks at what...
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"The authors use a sample of 133 countries to investigate the link between the abundance of natural resources and micro-economic reforms. Previous studies suggest that natural resource abundance gives rise to governments that are less accountable to the public and states that are oligarchic, and...
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"This book examines state-business relations in semi-peripheral South Africa and peripheral Zimbabwe after each country's transition to majority rule. Baran examines the implementation of liberalisation and indigenisation policies by the majority governments of South Africa and Zimbabwe used to...
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