Amvik eBook Solutions

Since the 1960s the per capita incomes of the resource-poor countries have grown significantly faster than those of the resource-abundant countries. In fact, in

This book deals with the role of oil abundance in economic growth. The major theoretical contribution of the analysis is the transformation of the rentier state

Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this o