Natural Resources Neither Curse Nor Destiny Neither Curse Nor Destiny Latin American Development Forum Daniel Lederman by Daniel Lederman, William F. Maloney 0821365452, 9780821365458 instant download after payment.

Customers in the US and Canada please order from Stanford University Press at (800) 621-2736 or visit their website at www.sup.org. 'Natural Resources: Neither Course nor Destiny' 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 also how firms and workers produce any good.