Transcription of Why are natural resources a curse in Africa, but not ...
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Why are natural resources a curse in Africa, but not ...
1 Why are natural resources a curse in Africa, but not elsewhere ? Fabrizio Carmignani School of Economics The University of Queensland* Abdur Chowdhury Department of Economics Marquette University Abstract. We study the nexus between natural resources and growth in Sub-Saharan Africa (SSA) and find that SSA is indeed special: resources dependence retards growth in SSA, but not elsewhere. The natural resources curse is thus specific to SSA. We then show that this specificity does not depend on the type of primary commodities on which SSA specializes.
2 Introduction Between 1960 and 2008, Sub-Saharan Africa (SSA) has been characterized by a weak growth performance and a high and persistent dependence on …
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