Resesource Curse

Author(s):
Abstract:
One of the Puzzles of economic development is the negative sole of natural resources in economic growth which is known as “Resource Curse”. Economists and Political researchers here tried to find answer to this paradox. In this Paper we classity the views in two groups of purely economics and Political economics and try to evaluate them accordingly. Economic explanation based on statistics and quantitative models though may have more Precision, They are yet unable to provide answer to such a simple question as to why there are resource curse in some countries but not in others and what is the sole of politicians in this regards. On the other hand Political economists have thied to include in their analysis political, Social and Psychologcal factors as explanatory vasiables. Sespite their Comprehansineress, howers, this way of seasoning suffer from lock of quantitative measurment and statistical evidence. The weakness of both the explanations despute their mose sealistic approvimation is their generality and ambiguity in presentation. In this paper we try to follow into-diciplinasy approach taking into Considerations Subjects such as economice, Politics and Sociology using quantitature Vasiables in analysing Pokitical economy of resource curse.
Language:
Persian
Published:
Journal of Economy and Society, No. 7, 2006
Page:
8
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