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Overcoming the Natural Resource Curse

Overcoming the Natural Resource Curse

IMF Podcasts · IMF Podcasts

January 8, 20138m 42s

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Show Notes

Historically, countries that are rich in mineral and commodity resources, like oil, copper or coffee, for example, have had lower rates of growth compared to nations which don't enjoy those advantages. It's a phenomenon dubbed the nature resource curse." Jeffrey Frankel outlines ways he believes the natural resource curse can be mitigated or even avoided.