Rm auty · auty, richard article from: ogel 4 (2007), in roundup of articles the need for a fresh approach to explain growth collapses interest in the resource curse thesis is rooted in efforts to explain the protracted growth collapses triggered in many developing countries by the commodity price shocks of 1974-1985. The resource curse, also known as the paradox of plenty, refers to the paradox that countries with an abundance of natural resources tend to have less economic growth, less democracy, and worse development outcomes than countries with fewer natural resources there are many. It focuses on the niger delta, nigeria's 'oil republic' whose resource curse has involved environmental devastation, relative deprivation, resource distribution but would the thesis still hold true if the focus shifts from the macro (national) to the micro (subnational) level, especially to areas where resource. Nauru phosphate mining is a prime example of « the natural resource curse » thesis (auty, 1993) as applied to a small island state in the pacific mining did not enhance economic development for nauruans but rather retarded nauruan development processes, betraying trusts and creating reliance on outside. It is widely believed that natural mineral resources are desirable however there is growing evidence that this may not always be the case indeed, it seems that natural assets can distort the economy to such a degree that the benefit actually becomes a curse in sustaining development in mineral economies, richard auty. Growth and the resource curse hypothesis” world development 31(11): 1793– 1807 auty, richard m 1993 sustaining development in mineral economies: the resource curse thesis london: routledge auty, richard m, and alan h gelb 2001 “political economy of resource-abundant states” in auty, r m, ed.
Conditions one type of resource wealth—petroleum—tends to produce a “political resource curse” ographer richard auty in 1993 (auty 1993) auty rm 1993 sustaining development in the mineral economies: the resource curse thesis london: routledge barma n, kaiser k, le tm, vi ˜nuela l. The empirical evidence does not provide great support for the dutch disease as an explanation of the resource curse (eg, leite and weidmann, 2002 sala-i- martin and subramanian, 2003) the case study led by auty (2001a) also dismisses this thesis by showing the complexity and diversity of cases among natural. Keywords: growth natural resources exports 0 introduction the curse of natural resources } the observation that countries rich in natural resources tend to perform badly } has been shown empirically and analyzed in a number of recent studies these studies, which include auty (1990), gelb (1988), sachs and warner.
Read the full-text online edition of sustaining development in mineral economies : the resource curse thesis (1993) in sustaining development in mineral economies, richard auty highlights these drawbacks and the devastating effect they can have on developing economies with reference to six ore-exporters (viz. Book review: sustaining development in mineral economies: the resource curse thesis, by richard m auty london and new york: routledge, 1993 show all authors ellie perkins · ellie perkins york university see all articles by this author search google scholar for this author first published april 1, 1995 review. Auty (1993) sachs & warner (1995) empirical evidence confirmed the adverse effects of resource dependence natural resources have a positive role in the process of economic development the emergence of dutch disease theory establishing the resource curse thesis (case study) the term.
Industrial policy, sectoral maturation, and postwar economic growth in brazil: the resource curse thesis r m auty department of geography, lancaster university, lancaster la1 4yb, uk abstract: resource-rich countries like brazil have tended to favor autarkic (self-sufficient) development, in contrast to the. Alan gelb and associates, oil windfalls: blessing or curse (new york: oxford university press 1988) richard m auty, sustaining development in the mineral economies: the resource curse thesis (london: routledge, 1993) graham a davis, “learning to love the dutch disease: evidence from the mineral. The resource curse concept was first proposed by auty (1993) when he noted that a “growing body of evidence suggests that a favourable natural resource endowment may be less beneficialthan the conventional wisdom might suppose” (p1) sachs and warner (1995) supported auty's thesis, as they.