Skip to main content
Journal cover image

Combating the resource curse: An alternative solution to managing mineral wealth

Publication ,  Journal Article
Weinthal, E; Luong, PJ
Published in: Perspectives on Politics
March 1, 2006

Countless studies document the correlation between abundant mineral resources and a series of negative economic and political outcomes, including poor economic performance, unbalanced growth, weakly institutionalized states, and authoritarian regimes across the developing world The disappointing experience of mineral-rich countries has generated a large body of scholarship aimed at explaining this empirical correlation and a list of prescriptions for combanng the resource curse The most popular solutions emphasize macroeconomic policies, economic diversification, natural resource funds, transparency and accountability, and direct distribution to the general population The success of these solutions has been limited because they either presuppose strong state institutions, which are widely absent in the developing world, or assume state ownership over mineral wealth and thus the need for external actors to constrain the state At the same time, domestic private ownership is rarely proposed and often maligned Yet, in some countries, it would serve as a more viable way to avoid the resource curse by fostering institutions that more effectively constrain state leaders, encouraging them to invest in msntution building, and enabling them to respond more successfully to commodity booms and busts.

Duke Scholars

Altmetric Attention Stats
Dimensions Citation Stats

Published In

Perspectives on Politics

DOI

ISSN

1537-5927

Publication Date

March 1, 2006

Volume

4

Issue

1

Start / End Page

35 / 53

Related Subject Headings

  • Political Science & Public Administration
  • 4408 Political science
  • 1606 Political Science
 

Citation

APA
Chicago
ICMJE
MLA
NLM
Weinthal, E., & Luong, P. J. (2006). Combating the resource curse: An alternative solution to managing mineral wealth. Perspectives on Politics, 4(1), 35–53. https://doi.org/10.1017/S1537592706060051
Weinthal, E., and P. J. Luong. “Combating the resource curse: An alternative solution to managing mineral wealth.” Perspectives on Politics 4, no. 1 (March 1, 2006): 35–53. https://doi.org/10.1017/S1537592706060051.
Weinthal E, Luong PJ. Combating the resource curse: An alternative solution to managing mineral wealth. Perspectives on Politics. 2006 Mar 1;4(1):35–53.
Weinthal, E., and P. J. Luong. “Combating the resource curse: An alternative solution to managing mineral wealth.” Perspectives on Politics, vol. 4, no. 1, Mar. 2006, pp. 35–53. Scopus, doi:10.1017/S1537592706060051.
Weinthal E, Luong PJ. Combating the resource curse: An alternative solution to managing mineral wealth. Perspectives on Politics. 2006 Mar 1;4(1):35–53.
Journal cover image

Published In

Perspectives on Politics

DOI

ISSN

1537-5927

Publication Date

March 1, 2006

Volume

4

Issue

1

Start / End Page

35 / 53

Related Subject Headings

  • Political Science & Public Administration
  • 4408 Political science
  • 1606 Political Science