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Testing the Neocon Agenda: Democracy in Resource-Rich Societies.

Abstract:

Resource-rich countries have tended to be autocratic and also have tended to use their resource wealth badly. The neoconservative agenda of promoting democratization in resource-rich countries thus offers the hopeful prospect of a better use of their economic opportunities. This paper examines whether the effect of democracy on economic performance is distinctive in resource-rich societies. We show that a priori the sign of the effect is ambiguous: Resource rents could either enhance or under...

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Publication status:
Published
Peer review status:
Not peer reviewed
Version:
Author's Original

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Publisher copy:
10.1016/j.euroecorev.2008.05.006

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Institution:
University of Oxford
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Institution:
University of Oxford
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Publisher:
Elsevier B.V. Publisher's website
Journal:
European Economic Review Journal website
Volume:
53
Issue:
3
Publication date:
2009-04-05
DOI:
URN:
uuid:d097a9ee-fb4f-470b-8e24-9ee58f24140a
Local pid:
oai:economics.ouls.ox.ac.uk:12972
Language:
English

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