Skip to Main content Skip to Navigation
Reports

Development Based on Commodity Revenues?

Abstract : Commodity resources offer significant 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. The resource - rich countries have embraced a range of diversification strategies to avoid the “resource trap”, to varying degrees and with varying success. Improving institutions remains the key challenge.
Document type :
Reports
Complete list of metadata

https://hal-sciencespo.archives-ouvertes.fr/hal-03461797
Contributor : Spire Sciences Po Institutional Repository Connect in order to contact the contributor
Submitted on : Wednesday, December 1, 2021 - 2:55:18 PM
Last modification on : Friday, March 25, 2022 - 3:30:41 AM

File

report2009-serguei.pdf
Publisher files allowed on an open archive

Identifiers

Collections

Citation

Sergei Guriev, Alexander Plekhanov, Konstantin Sonin. Development Based on Commodity Revenues?. [Research Report] European Bank for Reconstruction and Development. 2009, pp.76 - 93. ⟨hal-03461797⟩

Share

Metrics

Record views

0

Files downloads

5