resource curse

Taking Off Into Sustained, Equitable Growth:Lessons From Successes And Failures

Berry offers an extensive set of case studies of economies that achieved sustained high growth. Chapter 1 discusses issues surrounding growth acceleration and current challenge for underperforming developing countries and the empirical record: evidence from countries that have accelerated to high sustained growth. Chapter 2 discusses the experience of Singapore and development strategy/policy prior to…

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Thoughts on Employment Typologies

Mineral (and other natural resource) exports promote development and employment, as long as the rents are used wisely and undesirable macroeconomic effects are avoided. However, many countries have failed to achieve this. Mineral rents are often wasted, either through corruption and theft or through inefficiencies and rent-seeking by private and public agents. Too often the…

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