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Natural Resources, Governance, and Economic Growth in Africa economic development

Author Bokyeong Park, Kang-Kook Lee Series 05-01 Language English Date 2005.08.10

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Contrary to conventional thoughts, development economists have provided solid evidence that abundance in natural resources has worked as a curse for economic growth. This finding is shortly called 'resource curse hypothesis'. (The rest is omitted.)
Executive Summary

I. Introduction

II. Literature Review
1. Natural Resources and Economic Growth
2. Governance and Economic Growth

III. How Do Natural Resources Affect Governance in Africa?

IV. Data and Method
1. Data Description
2. Method

V. Empirical Results
1. Natural Resource and Economic Growth
2. Channels of Resource Curse to Economic Growth

VI. Conclusion

Appendix: Data and Sources

References

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