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Natural Resources and Reforms

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dc.contributor.author Amin, Mohammad
dc.contributor.author Djankov, Simeon
dc.date.accessioned 2011-11-03T19:24:27Z
dc.date.available 2011-11-03T19:24:27Z
dc.date.issued 2009 en_US
dc.identifier.uri https://hdl.handle.net/10535/7659
dc.description.abstract "The authors use a sample of 133 countries to investigate the link between the abundance of natural resources and micro-economic reforms. Previous studies suggest that natural resource abundance gives rise to governments that are less accountable to the public and states that are oligarchic, and that it leads to the erosion of social capital. These factors are likely to hamper economic reforms. The authors test this hypothesis using data on micro-economic reforms from the World Bank's Doing Business database. The results provide a robust support for the 'resource curse' view: a move from the 75th percentile to the 25th percentile on resource abundance equals 10.9 percentage points more reform. This is a large effect given that the mean probability of reform in the sample is 57.1 percent." en_US
dc.language English en_US
dc.relation.ispartofseries Policy Research Working Paper, WPS4882 en_US
dc.subject natural resources en_US
dc.subject economic reform en_US
dc.subject social capital en_US
dc.title Natural Resources and Reforms en_US
dc.type Working Paper en_US
dc.type.methodology Case Study en_US
dc.publisher.workingpaperseries The World Bank, Washington, DC en_US
dc.subject.sector General & Multiple Resources en_US
dc.subject.sector Social Organization en_US


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