The Institutions Curse

€146.90


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Product Information

ISBN9781107138605
PublisherCambridge University Press
Price (excl. tax)€138.58
Tax€8.32
Price (incl. tax)€146.90
Availability1 unit in external warehouse

Product Description

This book makes several contributions to the study of development. It debunks the view that oil leads to undesirable outcomes: the weakening of state capacity, authoritarianism, fewer public goods, and economic stagnation. It demonstrates that, after controlling for the institutional determinants of oil, it turns out to be a blessing.