Annual Review of Political Science· 2014Q1· Review
What Have We Learned about the Resource Curse?
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- Q1SCImago
- 2014year
Short summary
Robust evidence shows petroleum wealth makes authoritarian regimes more durable, increases corruption, and triggers violent conflict in low- and middle-income countries.
AI-generated from the title and abstract; the full text is not read.
Key points
- Petroleum wealth is linked to more durable authoritarian regimes.
- Natural resource wealth increases specific forms of corruption.
- Petroleum wealth contributes to violent conflict in low- and middle-income countries.
- Mechanisms and conditions influencing these outcomes are increasingly understood.
AI-generated from the title and abstract; the full text is not read.
Abstract
Since 2001, hundreds of academic studies have examined the “political resource curse,” meaning the claim that natural resource wealth tends to adversely affect a country's governance. There is now robust evidence that one type of mineral wealth, petroleum, has at least three harmful effects: It tends to make authoritarian regimes more durable, to increase certain types of corruption, and to help trigger violent conflict in low- and middle-income countries. Scholars have also made progress toward understanding the mechanisms that lead to these outcomes and the conditions that make them more likely. This essay reviews the evidence behind these claims, the debates over their validity, and some of the unresolved puzzles for future research.
The authors' abstract, as published at the source. Annual Review of Political Science, 2014 · DOI ↗
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Field: General Economics, Econometrics and Finance
General Economics, Econometrics and FinanceEconomics, Econometrics and Finance