Natural Resources and Tropical Development
In assessing the role of natural resources in economic development, a number of writers strongly criticise the ‘geographical school’ (by which is meant the ‘natural resource’ school) of economic development studies for its crude determinism, its tendency to discuss physical factors at length but non-physical and especially economic factors hardly at all, and for appearing to ignore altogether the theoretical framework of economic development studies. Examples of this ‘natural resource’ school of thought can be found in the work of Semple (1911), Huntington (1915) and Parker (1961).
KeywordsEurope Petroleum Income Venezuela
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