The Varieties of Resource Experience: Natural Resource Export Structures and the PoliticalEconomy of Economic Growth

Isham, Jonathan ; Woolcock, Michael ; Pritchett, Lant ; Busby, Gwen

Published by Oxford University Press on behalf of the World Bank

关键词: ACCOUNTABILITY;    AGGREGATING GOVERNANCE INDICATORS;    AGRICULTURAL PRODUCTION;    AGRICULTURE;    ANIMALS;   

DOI  :  10.1093/wber/lhi010
RP-ID  :  77493

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Many oil, mineral, and plantationcrop-based economies experienced a substantial decelerationin growth following the commodity boom and bust of the 1970sand early 1980s. This article illustrates how countriesdependent on point source natural resources (those extractedfrom a narrow geographic or economic base, such as oil andminerals) and plantation crops are predisposed to heightenedeconomic and social divisions and weakened institutionalcapacity. This in turn impedes their ability to respondeffectively to shocks, which previous studies have shown tobe essential for sustaining rising levels of prosperity.Analysis of data on classifications of export structure,controlling for a wide array of other potential determinantsof governance, shows that point source and coffee and cocoaexporting countries do relatively poorly across an array ofgovernance indicators. These governance effects are notassociated simply with being a natural resource exporter.Countries with natural resource exports that are diffuserelying primarily on livestock and agricultural produce fromsmall family farms do not show the same strong effects andhave had more robust growth recoveries.