Economics blog

Unit 4 Macro: Minerals and Development - Overcoming Resource Curses

On the World Bank twitter account, President Jim Kim is quoted as saying that "Properly managed, new minerals wealth could transform Africa’s development." Back in June 2013, a new report from the African Progress Panel looked at this important issue and set out an agenda for maximising Africa’s natural resource wealth and using it to improve well-being.

My own students have been researching the economics of natural resources and whether they can be a blessing and/or a curse to countries seeking sustained growth and development. I just wanted to share one or two of these essays with you because I was delighted with the depth of the independent research on show and the quality of evaluation in their arguments.

Suyash Raj Bhandari - Click below to view the essay

Suyash_Raj_Bhandari_Natural_Resources.pdf

Andrew Hayley - Click below to view the essay

Natural_Resource_Curse_Andrew_Hayley.pdf

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