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The Middle East and North Africa: Cursed by Natural Resources?

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Economic Development in the Middle East and North Africa

Abstract

The relationship between natural resource wealth and economic growth has been extensively studied. As opposed to basic intuition, the results of several empirical studies suggest that vast natural capital endowments don’t necessarily generate prosperity, giving rise to the idea that natural resource wealth represents a curse rather than a blessing for economic development.

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Authors
  1. Mohamed Sami Ben Ali
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  2. Lara Cockx
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  3. Nathalie Francken
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Mohamed Sami Ben Ali

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© 2016 Mohamed Sami Ben Ali, Lara Cockx and Nathalie Francken

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Ben Ali, M.S., Cockx, L., Francken, N. (2016). The Middle East and North Africa: Cursed by Natural Resources?. In: Ben Ali, M.S. (eds) Economic Development in the Middle East and North Africa. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137480668_3

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