Authors: Erika Weinthal, and Pauline Jones Luong
March 2006
In Perspectives on Politics, Erika Weinthal and Pauline Jones Luong argue that existing policies to solve the resource curse for oil-rich economies have failed. They recommend domestic private ownership: in some countries, it would serve as a more viable way to avoid the resource curse by fostering institutions that more effectively constrain state leaders, encouraging them to invest in institution building and enabling them to respond more successfully to commodity booms and busts.
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