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Avoiding the Natural Resource Curse by Ipek Erymn is a document available to read on EtoBox.

This document discusses the natural resource curse and how some countries have managed to avoid its pitfalls. It outlines 5 potential channels through which natural resource abundance can negatively impact economic growth: volatility, crowding out of other sectors, development of poor political institutions, unsustainable depletion of resources, and procyclical economic policies and capital flows. The second half will discuss policies adopted in countries like Chile and Botswana to manage volatility and avo

Author
Ipek Erymn
Language
EN