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The Oil Curse: How Petroleum Wealth Shapes the Development of Nations

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The Oil Curse: How Petroleum Wealth Shapes the Development of Nations - Ross, Michael L
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Explaining--and solving--the oil curse in the developing world Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth--and how they can turn oil from a curse into a blessing. Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments ...

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The Oil Curse: How Petroleum Wealth Shapes the Development of Nations 2013, Princeton University Press, Princeton

ISBN-13: 9780691159638

Trade paperback

Oil Curse: How Petroleum Wealth Shapes the Development of Nations 2012, Princeton University Press, Princeton

ISBN-13: 9780691145457

Hardcover