How do economic norms shape the relationship between oil wealth and economic growth? This paper investigates.
The authors, Brahim Bergougui and Professor Seyd Mansoob Murshed investigate the relationship between wealth and growth and find that the effect of oil wealth on economic growth depends the level of contract intensity: in situation of low degree of contract intensity oil wealth does not enhance growth.
Read the full article published in The Extractive Industries and Society - 'Revisiting the oil wealth-growth nexus: The role of economic norms in avoiding the oil curse'
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