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What role for sovereign wealth funds in africa’s development? (2011).
| Content Provider | CiteSeerX |
|---|---|
| Author | Dixon, Adam D. Monk, Ash H. B. |
| Abstract | The discovery of natural resources in a developing country is not generally the good news it appears to be. In fact, resource-rich developing countries face the significant challenge of using their natural wealth to improve the living standards of average citizens, rather than wasting it through weak institutions and corruption – a phenomenon often referred to as the "resource curse. " Civil wars and political turmoil tend to exacerbate the problem. One increasingly popular option for dealing with the resource curse is the commodity-based sovereign wealth fund (SWF). Angola, Ghana, |
| File Format | |
| Publisher Date | 2011-01-01 |
| Access Restriction | Open |
| Subject Keyword | Africa Development Sovereign Wealth Fund Resource Curse Living Standard Average Citizen Popular Option Civil War Natural Wealth Weak Institution Political Turmoil Commodity-based Sovereign Wealth Fund Developing Country Significant Challenge Natural Resource Good News |
| Content Type | Text |