Sustaining development in mineral economies : the resource curse thesis
In "Sustaining Development in Mineral Economies: The Resource Curse Thesis," Richard M. Auty examines the paradox where natural mineral resources, often deemed beneficial, can hinder economic growth in developing nations. He analyzes the experiences of six ore-exporting countries—Peru, Bolivia, Chile, Jamaica, Zambia, and Papua New Guinea—to illustrate how reliance on mineral exports can lead to economic challenges. A central concern is the "Dutch Disease," where a booming mineral sector can erode the competitiveness of agriculture and manufacturing, ultimately impeding long-term growth. Auty advocates for policies that promote economic diversification and sustainable development to mitigate these adverse effects. The book offers a comprehensive examination of the resource curse thesis, integrating perspectives from neoliberal, political, institutionalist, and environmentalist approaches
Print Book, English, 1993
Routledge, London, 1993