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Naturressurser: forbannelse eller velsignelse?

Gellein, Herman LU (2021) STVK02 20202
Department of Political Science
Abstract
Contrary to popular belief, countries rich in natural resources are often poorer than their resource-poor neighbors. The phenomenon «the resource curse” is defined as “the perverse effects of a country’s natural resource wealth on its economic, social, or political wellbeing”. Resource cursed countries experience poor living conditions, poor economic development and poor levels of democracy with extractive institutions. However, some countries have avoided the resource curse and have been very successful in developing their resource wealth to drive economic growth and developed strong democracies. The study examines what these successful countries have in common and concludes, by identifying common institutional traits, that the three... (More)
Contrary to popular belief, countries rich in natural resources are often poorer than their resource-poor neighbors. The phenomenon «the resource curse” is defined as “the perverse effects of a country’s natural resource wealth on its economic, social, or political wellbeing”. Resource cursed countries experience poor living conditions, poor economic development and poor levels of democracy with extractive institutions. However, some countries have avoided the resource curse and have been very successful in developing their resource wealth to drive economic growth and developed strong democracies. The study examines what these successful countries have in common and concludes, by identifying common institutional traits, that the three cases (that has succeeded to avoid the resource curse) all have inclusive institutions and concludes that the main similarities are: democracy, meritocracy, fiscal responsibility, strong property rights and profitable state-owned companies. The compared cases are; Botswana, Chile and Norway. Apart from avoiding the resource curse, they are very different. Through Process tracing, and with a particular focus on institutions, the study presents how each of these countries historically avoided the resource curse. A Most Different Systems Design-logic has been applied to identify the similar institutional factors. (Less)
Please use this url to cite or link to this publication:
author
Gellein, Herman LU
supervisor
organization
course
STVK02 20202
year
type
M2 - Bachelor Degree
subject
keywords
Ressursforbannelse, Institusjoner, Naturressurser
language
Norwegian
id
9033730
date added to LUP
2021-05-11 15:25:21
date last changed
2021-05-11 15:25:21
@misc{9033730,
  abstract     = {{Contrary to popular belief, countries rich in natural resources are often poorer than their resource-poor neighbors. The phenomenon «the resource curse” is defined as “the perverse effects of a country’s natural resource wealth on its economic, social, or political wellbeing”. Resource cursed countries experience poor living conditions, poor economic development and poor levels of democracy with extractive institutions. However, some countries have avoided the resource curse and have been very successful in developing their resource wealth to drive economic growth and developed strong democracies. The study examines what these successful countries have in common and concludes, by identifying common institutional traits, that the three cases (that has succeeded to avoid the resource curse) all have inclusive institutions and concludes that the main similarities are: democracy, meritocracy, fiscal responsibility, strong property rights and profitable state-owned companies. The compared cases are; Botswana, Chile and Norway. Apart from avoiding the resource curse, they are very different. Through Process tracing, and with a particular focus on institutions, the study presents how each of these countries historically avoided the resource curse. A Most Different Systems Design-logic has been applied to identify the similar institutional factors.}},
  author       = {{Gellein, Herman}},
  language     = {{nor}},
  note         = {{Student Paper}},
  title        = {{Naturressurser: forbannelse eller velsignelse?}},
  year         = {{2021}},
}