Question: Developing countries need strong and effective political institutions to avoid the natural resource curse. Critically discuss this statement.

Developing countries need strong and effective political institutions to avoid the natural resource curse". Critically discuss this statement.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The statement Developing countries need strong and effective political institutions to avoid the natural resource curse suggests that the presence of robust political institutions is crucial for these ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

SA-TIED YOUNG SCHOLARS PROGRAMME Young Scholars This paper was produced as a part of the SA-TIED Young Scholars' programme. The programme is a part of SATIED's capacity building initiatives, designed...

Risk Analysis and Management of Construction and Operations in Offshore Wind Power Project Abstract: Many countries have increased the use of renewable energy and strongly promoted offshore wind...

Since the 1950s, humans have been able to make synthetic diamonds. Yet, consumers demand real diamonds for their jewelry, but at what cost? The diamond industry has been marred with numerous ethical...

What it is a CARTEL,please cite and include specifically what it is the OPEC,(Organization Petroleum Exporting Countries) WIKIPEDIA OPEC The Organization of the Petroleum Exporting Countries (OPEC,...

WIKIPEDIA OPEC The Organization of the Petroleum Exporting Countries (OPEC, !'oUpEk/ OH-pek) is an intergovernmental Organization of the Petroleum organization of 13 nations. Founded on 14 September...

Debating Global Development - Review: Chapter 8 Instructions: Chapter 8 Identify and explain two distinct pieces of knowledge acquired from the chapter. Identify a specific assertion that you found...

Please read the questions and article and then answer about 2 or 3 pages answer. Please using paraphrasing, do not copy the article.Thank you. \fFinancial Crisis Advisory Group July 28, 2009 To the...

MGMT4308 DR. HUANG Knowledge Base for General Environmental Analysis1 The general environment is composed of factors that can have dramatic effects on firm strategy. We divide the general environment...

(Short-Answer and Algebraic Questions): (The numbers in square brackets give the breakdown of the points for various parts of each question. please explain your answers.) 1. This questions is based...

Watch the following video: https://www.youtube.com/watch?v=A7gZHzNQXBA Read the following articles and answer these questions: 1) Regarding SDGs, do you think the goals are achievable? If yes,...

Draw an illustration of a typical 16 mm diameter steel rod reference peg which is 500mm long and set in a 300 mm diameter by 200 mm deep concrete block. The peg is standing 30mm above NGL natural...

Refer to exercise 7, where an estimated regression equation relating years of experience and annual sales was developed. a. Compute the residuals and construct a residual plot for this problem. b. Do...

The management s discussion and analysis ( MD&A ) section of an annual report Group of answer choices Includes the company president s letter. Covers three financial aspects of a firm s business:...

18. Consider the system 1 x' = Ax = -1 (i) . -3 2. (a) Show that r = 2 is an eigenvalue of algebraic multiplicity 3 of the coefficient matrix A and that there is only one corresponding eigenvector,...

In each of Problems 7 through 10: (a) Find the solution of the given initial value problem. (b) Draw the trajectory of the solution in the x,xz-plane, and also draw the graph of x versus t. 7. x' =...

Write a program, with procedures, which will take two inputs from the user: How many times do you want the outer loop to run? And How many times do you want the inner loop to run? Now, write the code...

Serwa Akoto invests regularly on the international market. She has the capacity to borrow GHC10 million or its USA dollar equivalent for arbitrage investment activities. The annual interest rate on...

The below data is consumer spending and inflation in the United States since the recession. input the provided numbers into excel. Calculate the missing numbers and format them to one decimal place....

A shaft carries five masses A, B, C, D and E which revolve at the same radius in planes which are equidistant from one another. The magnitude of the masses in planes A, C and D are 50 kg, 40 kg and...

Which of the teleological frameworks most closely match your ethical beliefs? Under what circumstances would you shift toward another of the frameworks? For example, if you were trapped in downtown...

On May 18, 2002, Tyco CEO Dennis Kozlowski, who had received his degree in accounting and finance from Seton Hall University in 1968, gave the commencement address to St. Anselms College in...

Do corporations have a responsibility to help solve hunger and poverty around the world? Explain.

26. Harrison et al. (A-29) conducted a study of dependent elderly people in a London borough. Along with other characteristics, they collected data on the extent of depression among borough...

22. Determinations of saliva pH levels were made in two independent random samples of seventh grade schoolchildren. Sample A children were caries-free while sample B children had a high incidence of...

25. The objective of a study by Martin et al. (A-28) was to compare the function of neutrophils in the pulmonary artery blood and lung lavage fluid of patients early in the course of adult...