Document Type

Article

Department

Economics (CMC)

Publication Date

2008

Abstract

The paper by Daniel Lederman and William Maloney is part of a larger project of the authors.1 Their broader goal is to drive home the point that the possession of natural resource wealth does not inevitably lead to lower growth rates and thus lower per capita GDP. In their words, “the central tendency is not negative” and natural resources are neither curse nor destiny.

Comments

This article was published by Brookings Institution Press for the Latin American and Caribbean Economic Association (LACEA).

Rights Information

© 2008 Latin American and Caribbean Economic Association (LACEA)

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