Oil Is Not a Curse

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Oil Is Not a Curse

By Pauline Jones Luong; Erika Weinthal

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Petroleum-rich countries in the developing world are thought to be cursed: destined, because of their wealth, to suffer from poor economic performance, unbalanced growth, weak states, and authoritarian regimes. This book argues that these outcomes are linked to the ownership structure that petroleum-rich states choose to manage their wealth.

Oil Is Not a Curse
Ownership Structure and Institutions in Soviet Successor States
1st edition
Publisher: Cambridge University Press 8/23/10
Imprint: Cambridge University Press
Language: English

ISBN 10: 1139035908
ISBN 13: 9781139035903
Print ISBN: 9780521765770

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