Abstract:The relationships between natural resources and development are profoundly important, but contingent and contradictory. Indeed, the evolutionary paths of different resource industries, and even different areas with similar resources, are remarkably diverse, and debates over the role of resources in development rage around the world. For some nations, resources have been an evolutionary stepladder for high incomes and diversified economies, while others seem cursed and trapped by their resource dependency. In C… Show more
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