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Resource Abundance and Economic Development$
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Resource Abundance and Economic Development

R. M. Auty

Print publication date: 2004

Print ISBN-13: 9780199275786

Published to Oxford Scholarship Online: April 2005

DOI: 10.1093/0199275785.001.0001

ContentsFRONT MATTER

Introduction and Overview

Chapter:
(p. 3 ) 1 Introduction and Overview
Source:
Resource Abundance and Economic Development
Author(s):

Richard M. Auty

Publisher:
Oxford University Press
DOI:10.1093/0199275785.003.0001

This introductory chapter begins with a discussion on the underperformance of resource-abundant developing countries compared to resource-deficient countries between 1960 and 1990. It examines the reasons behind this underperformance, focusing on the impact of exports, domestic policies, and the growth accounting framework. This is followed by an overview of the chapters included in this volume.

Keywords:   resource-abundant developing countries, resource-deficient, economic development, underperformance, natural resource

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