Economics of Resource Rich Economies

Accompanied by an original and informative introduction by the editors, this volume brings together scholarly contributions on the problems and benefits of an economy rich in natural resources. After a brief look at some historical aspects of the subject, the book explores the concept known as the 'Dutch Disease' and offers empirical and theoretical insights into the effects of rich natural resources on economic growth. Further topics are the political economy of natural resources, issues of conflict and natural resources and an investigation into a variety of policies and strategies for managing the revenue from natural resources.