, Volume 58, Issue 4, pp 594–607 | Cite as

Neo-extractivism and the Resource Curse Hypothesis: Evidence from Ecuador

  • Andrea Cori
  • Salvatore Monni
Local/Global Encounters


The aim of this article is to evaluate the policies carried out by the Government of Ecuador regarding the management of natural resources in the context of the Revolución Ciudadana, which was designed to create a society based on Buen Vivir. The choice of intensifying the mining sector shows a change in the government’s philosophy (from Sumak Kawsay to neo-extractivism) and requires an analysis that highlights the possible risks outlined by the extensive literature on the Resource Curse Hypothesis. This article analyzes the conditions, which are essential for avoiding the Resource Curse Hypothesis, in order to assess the economic effectiveness of the change of perspective, operated, under the Revolución Ciudadana.


Buen Vivir Ecuador natural resources neo-extractivism sustainability Resource Curse Hypothesis Sumak Kawsay 


  1. Acosta, Alberto (2003) ‘Historia Económica del Ecuador’, Editorial Nacional, Quito.Google Scholar
  2. Acosta, Alberto and Esperanza Martínez (eds.) (2009) El Buen Vivir.Una vía para el desarrollo, Quito: Abya Yala.Google Scholar
  3. Acosta, Alberto (2011) ‘Extractivismo y Neoextractivismo: Dos Caras de la misma Maldición’, in Miriam Lang and Dunia Mokrani (eds.) Más Allá del Desarrollo, 83–118, Quito: Fundación Rosa Luxemburg/Abya Yala.Google Scholar
  4. Andersen, Jørgen Juel and Silje Aslaksen (2008) Constitutions and the resource curse’, Journal of Development Economics 87(2): 227–246.CrossRefGoogle Scholar
  5. Atkinson, Giles and Kirk Hamilton (2003) ‘Saving, Growth and the Resource Curse Hypothesis’, World Development 31(11): 1797–1807.CrossRefGoogle Scholar
  6. Baland, Jean-Marie and Patrick Francois (2000) ‘Rent-seeking and resource booms’, Journal of Development Economics 61(2): 527–542.CrossRefGoogle Scholar
  7. Banco Central del Ecuador (2013) Estadisticas macroeconomicas, Presentacion estructural Mayo 2013.Google Scholar
  8. Bardomiano M., Osvaldo (2014) ‘Ecuador: panorama y evolución económica reciente’, Economía Informa Issue 385: 100–108, March–April.Google Scholar
  9. Bebbington, A, (2009). “The New Extraction: Rewriting the Political Ecology of the Andes?” NACLA Report onthe Americas 42, no. 5 (2009): 12–20.Google Scholar
  10. Birdsall, Nancy, Thomas Pinckney and Richard Sabot (2001) ‘Natural Resources, Human Capital and Growth’, in Richard M. Auty (ed.) Resource Abundance and Economic Development, Oxford: Oxford University Press, Chapter 4: 57–75.Google Scholar
  11. Boschini, Anne D., Jan Petterson and Jesper Roine (2003) ‘Resource Curse or Not: A Question of Appropriability’. Working Paper, vol. 534. Stockholm School of Economics.Google Scholar
  12. Costantini, Valeria and Salvatore Monni (2008a) ‘Environment, Human Development and Economic Growth’, Ecological Economics 64(4): 867–880, Feb.Google Scholar
  13. Costantini, Valeria and Salvatore Monni (2008b) ‘Sustainability and human development’, Economia PoliticaJournal of Analytical and Institutional Economics, a. XXV, No, 1: 11–32.Google Scholar
  14. Estermann, Josef (2006) ‘Filosofia andina. Sabiduría indigena para un mundo nuevo’, La Paz, Bolivia: ISEAT Instituto Superior Ecumenico Andino de Teología.Google Scholar
  15. Gelb, Alan and Associates (1988) Oil Windfalls - Blessing or Curse, Oxford: Oxford University Press.Google Scholar
  16. Gudynas, Eduardo (2009) El mandato ecológicoderechos de la Naturaleza y políticas ambientales en la nueva Constitución, Quito: Abya Yala.Google Scholar
  17. Gudynas, Eduardo (2012) ‘Estado Compensador y Nuevos Extractivismos: Las Ambivalencias del Progresismo Sudamericano’, Nueva Sociedad Number 237: 128–146.Google Scholar
  18. Gylfason, Thorvaldur (2001) ‘Natural resources, education, and economic development’, European Economic Review 45(4-6): 847–859.CrossRefGoogle Scholar
  19. Isham, Jonathan, Michael Woolcock, Lant Pritchett and Gwen Busby (2003) ‘The Varieties of Resource Experience: How Natural Resource Export Structures Affect the Political Economy of Economic Growth’. Middlebury College Economics Discussion Paper, vol. 08. Vermont, Middlebury.Google Scholar
  20. Ismail, Kareem (2010) ‘The structural manifestation of the ‘Dutch disease’: the case of oil exporting countries’, Working Paper 10/103, Washington, DC: International Monetary Fund.Google Scholar
  21. JODI (2015) Joint Organisations Data Initiative, The JODI Oil World Database, 2015.Google Scholar
  22. Kuralbayeva, Karlygash. and Radoslaw Stefanski (2010) ‘De-specialization, Dutch disease and sectoral productivity differences’, OxCarre Research Paper, University of Oxford.Google Scholar
  23. Mehlum, Halvor, Karl Ove Moene and Ragnar Torvik (2006) ‘Institutions and the Resource Curse’, Economic Journal, Royal Economic Society, 116 (508): 1–20, Jan.Google Scholar
  24. Monni, Salvatore and Massimo Pallottino (2015a) ‘A New Agenda for International Development Cooperation: Lessons Learnt from the Buen Vivir Experience’, Development 58(1): 49–57.CrossRefGoogle Scholar
  25. Monni, Salvatore and Massimo Pallottino (2015b) ‘Beyond growth and development: Buen Vivir as an alternative to current paradigms’, Int. J. Environmental Policy and Decision Making 1(3): 184–204.CrossRefGoogle Scholar
  26. Monni, Salvatore and Massimo Pallottino (2015c) ‘Buen Vivir: a new toolbox for an alternative to neo-liberal dominance?’, Int. J. Environmental Policy and Decision Making 1(3): 181–184.CrossRefGoogle Scholar
  27. Neumayer, Eric (2004) ‘Does the “resource curse” hold for growth in genuine income as well?’, World Development 32(10): 1627–1640.CrossRefGoogle Scholar
  28. Papyrakis, Elissaios and Reyer Gerlagh (2004) ‘The resource curse hypothesis and its transmission channels’, Journal of Comparative Economics 32(1): 181–193.CrossRefGoogle Scholar
  29. Ramírez Gallegos, René (2010) ‘Socialismo del sumak kawsay o biosocialismo repubblicano’, (14-11-2010)
  30. República del Ecuador (2008) ‘Constitución de la República del Ecuador’, Montecristi.Google Scholar
  31. Reuters (2012) ‘Ecuador signs first large-scale mining contract’. By Eduardo Garcia. Monday 5 March.Google Scholar
  32. Reuters (2013) ‘Special Report: How China took control of an OPEC country’s oil’. Reporting By Joshua Schneyer and Nicolas Medina Mora in New York. Edited by Jonathan Leff. Tueesday 26 November.Google Scholar
  33. Ross, Michael L. (2001) Timber Booms and Institutional Breakdown in Southeast Asia, Cambridge: Cambridge University Press.CrossRefGoogle Scholar
  34. Sachs, Jeffrey D. and Andrew M. Warner (1995) ‘Natural Resource Abundance and Economic Growth’. NBER Working Paper, 5398. Cambridge, MA: National Bureau of Economic Research.Google Scholar
  35. SENPLADES - Secretariat for National Planning and Development (2009) ‘Plan Nacional Para el Buen Vivir 2009–2013. Construyendo un Estado Plurinacional e Intercultural’, Quito: República del Ecuador.Google Scholar
  36. SENPLADES - Secretariat for National Planning and Development (2013) ‘Buen Vivir. Plan Nacional 2013–2017. Todo el Mundo Mejor’, (Edición aprobada por el Consejo Nacional de Planifición.). Quito: República del Ecuador, Secretaria Nacional de Planificación y Desarrollo.Google Scholar
  37. Solow, Robert M. (1986) ‘On the intergenerational allocation of natural resources’, Scandivian Journal of Economics 88(1): 141–149.CrossRefGoogle Scholar
  38. Transparency International (2014) Corruption Perception Index 2014. Berlin, Germany.Google Scholar
  39. UNDP (2013) Human Development Report: ‘The Rise of the South: Human Progress in a Diverse World’, United Nations Development Programme. Oxford University Press.CrossRefGoogle Scholar
  40. van der Ploeg, Frederick (2011) ‘Natural Resources: Curse or Blessing?’, Journal of Economic Literature 49(2): 366–420.CrossRefGoogle Scholar
  41. van der Ploeg, Frederick and Anthony J. Venables (2010) ‘Harnessing windfall revenues: optimal policies for resource-rich developing countries’, OxCarre Research Paper 9, University of Oxford.Google Scholar
  42. Van Wijnbergen, Sweder (1984) ‘The ‘Dutch disease’: a disease after all?’, The Economic Journal 94 (373): 41–55.CrossRefGoogle Scholar
  43. Vanhulst, Julien and Adrian E. Beling (2014) ‘Buen vivir: Emergent discourse within or beyond sustainable development?’, Ecological Economics, Vol 101: 54–63, May.Google Scholar
  44. Vicente, Pedro C. (2010) ‘Does oil corrupt? Evidence from a natural experiment in West Africa’, Journal of Development Economics 92(1): 28–38, May.Google Scholar
  45. Villalba, Unai (2013) ‘Buen Vivir vs Development: a paradigm shift in the Andes?’, Third World Quarterly 34(8): 1427–1442.CrossRefGoogle Scholar
  46. Williamson, John (1990) ‘What Washington Means by Policy Reform’, in John Williamson (ed.), Latin American Adjustment: How Much Has Happened?, Washington, DC: Institute for International Economics.Google Scholar
  47. WJP (2014) ‘The Rule of Law Index 2014 Report’. The World Justice ProjectGoogle Scholar
  48. World Bank (2011) The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, Washington, DC: The World Bank.Google Scholar
  49. World Bank (2013) World Development Indicators, 2013. The World Bank, Washington DC.CrossRefGoogle Scholar
  50. World Bank (2014) World Development Indicators, 2014. Washington, DC: The World Bank.CrossRefGoogle Scholar
  51. Worldwide Governance Indicators (2015) Washington, DC: The World Bank.Google Scholar
  52. Yashar, Deborah J. (2005) Contesting citizenship in Latin America, Cambridge: Cambridge University Press.CrossRefGoogle Scholar

Copyright information

© Society for International Development 2016

Authors and Affiliations

  1. 1.Roma Tre UniversityRomeItaly

Personalised recommendations