Internal and external balance: A new paradigm for resource-rich developing countries

ACDE Trade & Development Seminars


Marcel Schroder, Lebanese American University; Martin Davies, Washington and Lee University


Other, please see description for details


Tuesday, 19 June, 2018 - 14:00 to 15:30

Resource rich developing countries are identified by the high share of resource exports in GDP or total exports, and low levels of income per capita. We suggest two further typical features: that resource sectors are enclaves, and that foreign ownership of the resources sector is high (net factor income is large and negative).

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