Resource Endowments and Underdevelopment. Is the Resource Curse Theory Convincing?

Essay from the year 2016 in the subject Economics - Economic Cycle and Growth, grade: 70, Oxford University (Department of International Development), language: English, abstract: Given the recent attention paid to the concept, a number of studies have investigated the intricacies of the resource curse. This essay will therefore examine whether the resource curse theory is convincing. To what exte...