developing countries the combination of high natural resource rents and open democratic systems has been growth-reducing. Checks …

the growth ofcommodity exporters. This paper adopts panel cointegration methodology to explore longer term effects than …

Whereas empirical evidence on the effect of higher commodity prices onthe long-run growth of commodity exporters is …

reduce the growth of constant-price GDP and we analyze which structural policies help to minimize these losses. Structural …

I discuss how aid can support growth in small, isolated economies. Small markets frustrate scale economies and …

have occurred frequently in the recent past. Unsurprisingly, adverse shocks reduce the short-term growth of constant …-term growth loss from adverse non-agricultural export price shocks and so are particularly ill-suited to mineral exporting …

This paper investigates the role of aid in mitigating the adverse effects of commodity export price shocks on growth in … commodity-dependent countries. Using a large cross-country dataset, we find that negative shocks matter for short-term growth … exchange rate substantially lower the adverse growth effect of shocks. While the mitigating effect of aid is significant in …

the growth of commodity exporters. This paper adopts panel cointegration methodology to explore longer term effects than …

some measure of growth and stability, depth thrives on ‘accumulation through crisis.’ The past twenty years were dominated …