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An Alternative Explanation for the Resource Curse

An Alternative Explanation for the Resource Curse »

Source: An Alternative Explanation for the Resource Curse : The Income Effect Channel

Volume/Issue: 2009/112

Series: IMF Working Papers

Author(s): Ali Alichi , and Rabah Arezki

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2009

ISBN: 9781451872590

Keywords: resource curse, investment and growth, capital movements, exporting countries, closed economy, foreign capital,

The paper provides an alternative explanation for the "resource curse" based on the income effect resulting from high government current spending in resource rich economies. Using a simple life cycle framework, we...

An Alternative Explanation for the Resource Curse
			: The Income Effect Channel

An Alternative Explanation for the Resource Curse : The Income Effect Channel »

Volume/Issue: 2009/112

Series: IMF Working Papers

Author(s): Ali Alichi , and Rabah Arezki

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2009

DOI: http://dx.doi.org/10.5089/9781451872590.001

ISBN: 9781451872590

Keywords: resource curse, investment and growth, capital movements, exporting countries, closed economy, foreign capital,

The paper provides an alternative explanation for the "resource curse" based on the income effect resulting from high government current spending in resource rich economies. Using a simple life cycle framework, we...