Lancaster University Management School - Economics

FIFTY FOUR DEGREES | 17 DO YOU BELIEVE IN THE CURSE? Natural resources can bring an economic boom to a region or even country, but for several decades economists have found that in the longer term, these economies show slower growth. With their new research, Anita Schiller and her colleagues show that the so-called Natural Resources Curse might not be as problematic as first thought. Gusher in a Port Arthur, Texas oil well in 1901

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