Does Mother Nature Corrupt? : Natural Resources, Corruption, and Economic Growth /

This paper argues that natural resource abundance creates opportunities for rent-seeking behavior and is an important factor in determining a country's level of corruption. In a simple growth model, we illustrate the interrelationships between natural resources, corruption, and economic growth,...

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Bibliographic Details
Main Author: Leite, Carlos
Other Authors: Weidmann, Jens
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Working Papers; Working Paper ; No. 1999/085
Online Access:Full text available on IMF