Since the 1960s the economies of the resource-poor nations have grown much faster than those of the resource-abundant nations. This book explains the disappointing performance of resource-abundant nations by extending the growth accounting framework to include natural and social capital.
Editorial Reviews
Review
Review from previous edition Not only does this book provide a foray into the cutting edge of cross-disciplinary research into the problems of natural resource-led development, but it is also specialized reading on how we might more broadly understand the connections between resources and conflict. This volume poses a serious challenge to theories of ‘ecoviolence’ that see scarcity of resources as a cause of socio-economic decay and violence. ― Journal of Peace Research
… the volume is to be welcomed, and will hopefully be widely read and cited ―
Journal of International Development
Review
Review from previous edition Not only does this book provide a foray into the cutting edge of cross-disciplinary research into the problems of natural resource-led development, but it is also specialized reading on how we might more broadly understand the connections between resources and conflict. This volume poses a serious challenge to theories of ‘ecoviolence’ that see scarcity of resources as a cause of socio-economic decay and violence. ― Journal of Peace Research
… the volume is to be welcomed, and will hopefully be widely read and cited ―
Journal of International Development
Book Description
Why have resource-poor economies performed better than resource-rich ones since the 1960s?
About the Author
R. M. Auty is Professor of Economic Geography in the Department of Geography at Lancaster University.