Friday 17 Aug 2018 | 15:14 | SYDNEY
Friday 17 Aug 2018 | 15:14 | SYDNEY

Democracy and the resource curse


Mark Thirlwell

16 November 2009 09:22

Just a quick follow up to the previous posts on resources. Over at voxeu, Sambit Bhattacharyya and Roland Hodler have a post summarising a longer paper looking at the relationship between resources, corruption and democracy. Their argument is that the resource curse is a burden for non-democracies, while for democracies, natural resources can be a blessing. The key is the ability of democratic institutions to keep their governments accountable.