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Natural Resource Curse

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" An Economic Perspective on the Natural Resource Curse and Its Implications for a Developing Country," Day of Ecuador at Harvard: Breaking the Natural Resources Dependence, April 21, 2014. " Resource Abundance: Pitfalls and Prescriptions," Frontiers in...

Natural Resource Curse

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“ The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions,” in Commodity Price Volatility and Inclusive Growth in Low-Income Countries , 2012, edited by Rabah Arezki, Catherine Patillo, Marc Quintyn & Min Zhu (International Monetary Fund...

The Natural Resource Curse A Survey of Diagnoses and Some Prescriptions

Book Chapter

Countries with oil, mineral or other natural resource wealth, on average, have failed to show better economic performance than those without, often because of undesirable side effects. This is the phenomenon known as the Natural Resource Curse. This paper...

The Curse: Why Natural Resources Are Not Always a Good Thing

Journal Article

The Curse: Why Natural Resources Are Not Always a Good Thing

Journal Article

Policies for Commodity-Exporting Countries

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" Coping with commodity price volatility: an idea for exporting countries," GlobalDev, Feb. 8, 2018. " Four Proposals to Help Commodity-Exporters Cope with Price Volatility," VoxEU, Oct.19, 2017. “Policies for Managing External Shocks in Commodity...

Environmental and Energy Economics

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“ The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions,” in Commodity Price Volatility and Inclusive Growth in Low-Income Countries , 2012, edited by Rabah Arezki, Catherine Patillo, Marc Quintyn & Min Zhu (International Monetary Fund...

Commodities and Africa

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" The Curse: Why Natural Resources Are Not Always a Good Thing,” Milken Institute Review, vol.13, no.4, 4th quarter 2011: 28-39. “ How Can Commodity Exporters Make Fiscal and Monetary Policy Less Procyclical?” in Beyond the Curse: Policies to Harness the...

Additional Publications on Developing Countries

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" Nominal GDP Targeting for Developing Countries," with Pranjul Bhandari, Research in Economics, Sept. 2017. NBER WP 20898. Revised from “The Best of Rules and Discretion: A Case for Nominal GDP Targeting in India,” CID WP No. 284, HKS. "Mauritius...

Publications on Developing Countries

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" Is the language of rights useful for reducing poverty?" Dec. 2023, in Making a Movement: The History and Future of Human Rights (Carr Center for Human Rights, HKS: Cambridge MA), pp. 55-56. “ Resuscitating the Salter-Swan model of a small open economy,”...

Publications on Commodities

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“ The Currency-Plus-Commodity Basket: A Proposal for Exchange Rates in Oil-Exporting Countries to Accommodate Trade Shocks Automatically​” Short abstract. In: Institutions and Macroeconomic Policies in Resource-Rich Arab Economies , edited by K. Mohaddes...

Publications on International Trade

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“ Globalization and Chinese Growth: Ends of Trends?” ( PDF), 2017, Il Grande Sconvolgimento, edited by Paolo Onofri (Il Mulino: Bologna). HKS RWP 16-029. “ The Natural Resource Curse: A Survey ,” forthcoming in Export Perils , edited by B. Shaffer...