Chapter

Introduction and Overview

Richard M. Auty

in Resource Abundance and Economic Development

Published in print October 2004 | ISBN: 9780199275786
Published online April 2005 | e-ISBN: 9780191602160 | DOI: http://dx.doi.org/10.1093/0199275785.003.0001

Series: WIDER Studies in Development Economics

Introduction and Overview

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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

Chapter.  6724 words.  Illustrated.

Subjects: Economic Development and Growth

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