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.
© 2008 Latin American and Caribbean Economic Association (LACEA)
Shelton, Cameron. "Comments on Lederman and Maloney’s ‘In Search of the Missing Resource Curse.'" Economia 9.1 (2008): 44-52.