{"product_id":"natural-resources-daniel-lederman-9780804757096","title":"Natural Resources: Neither Curse Nor Destiny","description":"For almost as long as economics has been a profession, the role of natural resources in the promotion of economic growth has been among the core issues of development theory. Some newer theories suggest that natural riches produce institutional weaknesses as various social groups attempt to capture the economic rents derived from the exploitation of natural resources. Since the 1960s, some analysts have argued that resource-rich developing countries have grown more slowly than other developing countries. Nevertheless, we find ourselves in a time when conventional wisdom again postulates that natural resources are indeed riches. \u003cp\u003e\u003c\/p\u003eThis book brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural resources are neither a curse nor destiny. Natural resources can actually spur economic development when combined with the accumulation of knowledge for economic innovation. Furthermore, natural resource abundance need not be the only determinant of the structure of trade in developing countries. In fact, the accumulation of knowledge, infrastructure, and the quality of governance all seem to determine not only what countries produce and export, but how firms and workers produce any good. \u003cp\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Daniel Lederman\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0804757097\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780804757096\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Stanford Economics and Finance\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 10\/27\/2006\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 392\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.19lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.36w x 0.85d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eReference and Research Bk News\u003c\/i\u003e 02\/01\/2007 pg. 117","brand":"Daniel Lederman","offers":[{"title":"Paperback","offer_id":44059762262271,"sku":"9780804757096","price":55.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_1c235e79-9470-4f8e-b085-b08e34e18657.jpg?v=1685060182","url":"https:\/\/www.whiterainbookhouse.com\/products\/natural-resources-daniel-lederman-9780804757096","provider":"WR Book House","version":"1.0","type":"link"}