The “resource curse” is often understood to imply poor growth in the non-resource sectors of the economy, but research into the diversification performance of resource-rich countries is limited. This paper surveys recent evidence and identifies empirical patterns in the economic diversification of resource-rich countries. Diversification is measured using the growth of per capita non-resource (manufacturing and services) sectors in domestic and export...
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DETAILS
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2020/03/29
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Journal Article
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184839
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1
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2023/09/11
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Disclosed
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What Drives Successful Economic Diversification in Resource-Rich Countries?
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Citation
Lashitew, Addisu A.; Ross,Michael L.; Werker,Eric.
What Drives Successful Economic Diversification in Resource-Rich Countries? (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099011409112372304