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It is gradually becoming common knowledge that natural resources have not been able to make positive impact on economic growth of countries. In that, countries rich in natural resources tend to grow at a slower pace than the resource-poor countries. This occurrence is one of the reasons behind many defections and militant groups against state authority in many resource-rich countries, especially those in sub-Saharan Africa. Using panel data from 1980 to 2010 on 34 sub-Saharan African countries, this paper examines whether institutionalised authority, which is a proxy for state authority, can…mehr

Produktbeschreibung
It is gradually becoming common knowledge that natural resources have not been able to make positive impact on economic growth of countries. In that, countries rich in natural resources tend to grow at a slower pace than the resource-poor countries. This occurrence is one of the reasons behind many defections and militant groups against state authority in many resource-rich countries, especially those in sub-Saharan Africa. Using panel data from 1980 to 2010 on 34 sub-Saharan African countries, this paper examines whether institutionalised authority, which is a proxy for state authority, can change the negative relationship between natural resources and economic growth. The key finding is that, institutionalised authority can alter the negative relationship that exists between natural resources and economic growth
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Autorenporträt
Gregory Quarshie is a young scholar from Ghana. Having obtained his bachelor degree in Bsc. Administration (Accounting option) from University of Ghana in Ghana, he proceeded to the Institute of Economic Studies (IES) in Charles University in Czech Republic. Mr. Quarshie has vast experience in the petroleum and revenue industries in Ghana.