A Kanni Raj

Resources A Kanni Raj

RESOURCES: Natural Resource Curse - It is striking how often countries with oil or other natural resource wealth have failed to grow more rapidly than those without. This is the phenomenon known as the Natural Resource Curse. The pattern has been borne out in econometric tests of the determinants of economic performance across a comprehensive sample taken from various countries. In this book, a brief account of Natural Resource Curse is provided with impact of Environmental Science and provides ideas for institutions that could help a country that is endowed with, for example, oil overcome the pitfalls of the Curse and achieve good economic performance.