Abstract
The term “resource curse” has been coined to manifest how resource abundant countries lack the ability to manage their resource gifts in order to flourish their economies, and how, instead, they end up with lower economic growth rates than those that have scarce or no resources at all. What remains to be explored is detecting whether resources have implications for development prospects other than growth. Acar explores such implications for both human development, measured by the Human Development Index, and sustainable development, measured by Genuine Savings, with a specific focus on minerals, fuels, and agricultural resources, from an institutional perspective. Besides this, Acar employs a comparative analysis of the economic evolution of Norway with respect to that of Sweden before and after oil was discovered in Norway.
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Acar, S. (2017). Introduction. In: The Curse of Natural Resources. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-137-58723-7_1
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DOI: https://doi.org/10.1057/978-1-137-58723-7_1
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