IDSA01H3 Lecture Notes - Lecture 30: Informa, Remittance, Peacebuilding
8 Dec 2015
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Lecture outline: overview of the debate about the resource curse and rent seeking , political perspectives from the congo (drc) Case study of political arguments about resource curse: video grand theft congo . What is the difference between a correlation and a causal. A - the resource curse and economic development: lots of statistical show a strong correlation between an abundance of, examples: natural resources and slower rates of economic growth. Comparisons of growth rates across africa between resource rich and resource poor countries. Comparisons of per captia income levels across the globe of. Resource-rich countries had poorer economic performances in resource-rich and resource poor countries agricultural and manufacturing growth. Large amounts of oil and mineral wealth were often though not always associated with her levels of poverty and human development. Why: declining term of trade hypothesis often linked to the dependency school of thought, volatility of global commodity markets characterized sometimes by booms (oil) but more often by busts.
