Resources and Incentives to Reform : A Model and Some Evidence on Sub-Saharan African Countries

A Model and Some Evidence on Sub-Saharan African Countries

Resources and Incentives to Reform : A Model and Some Evidence on Sub-Saharan African Countries
The paper models the incentives for a self-interested government to implement "good policies". While good policies lead to investment and growth, they reduce the government's ability to increase supporters' consumption. The model predicts that resource abundance is conductive to poor policies and, consequently, to low investment. The... READ MORE...

Publication date: June 2001
ISBN 9781451850888
$15.00

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