The Resource Curse

The integration of the Asian giants into the world economy has caused a strong rise in prices and trade volumes of fossile energy, industrial metals and soft commodities. While this may in principle benefit poor resource-rich countries, these had bad growth records and high poverty rates in the past , especially if the quality of institutions and the rule of law were low. Can developing countries escape such “resource curse” this time? Recent Development Centre contributions to finding economic, political and institutional solutions are presented in this page.

How to Spend it: Commodity and Non-Commodity Sovereign Wealth Funds

Policy Brief by Helmut Reisen

How to Spend It: Sovereign Wealth Funds and the Wealth of Nations

Policy Insight by Helmut Reisen

Commodity Funds: How To Fix Them?
Policy Brief by Daniel Cohen, Thibault Fally and Sébastien Villemot

In Favour of a Fund to Stabilise Commodity Exporters’ Income
Policy Insight by Daniel Cohen, Thibault Fally and Sébastien Villemot

To Benefit from Plenty: How lessons from Chile and Norway
Policy Brief by Goeril Bjerkol-Havro and Javier Santiso

The Curse of Raw Materials?

Policy Insight by Georil Bjerkol-Havro and Javier Santiso

Working Paper 270 by Rolando Avendano, Helmut Reisen, Javier Santiso

Land, Violent Conflict and Development
WP 233 by Henri-Bernard Solignac Lecomte and Nicolas Pons-Vignon

The Rise of China and India - What's in it for Africa?
by Andrea Goldstein, Nicolas Pinaud, Helmut Reisen, Xiaobao Chen