Synopsis
Since the 1960s the economies of the resource-poor nations have grown much faster than those of the resource-abundant nations. This book explains the disappointing performance of resource-abundant nations by extending the growth accounting framework to include natural and social capital.
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About the Author
R. M. Auty is Professor of Economic Geography in the Department of Geography at Lancaster University.
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Resource Abundance and Economic Development (WIDER Studies in Development Economics)
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Resource Abundance And Economic Development
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