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Published: 25 December 2018

288 Pages


ISBN: 9780198828860

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The Rent Curse

Natural Resources, Policy Choice, and Economic Development

Richard M Auty and Haydn I Furlonge

  • Uses illustrative case studies to compare models of low rent and high rent development
  • Interdisciplinary, with a focus on economic geography and political economy
  • Focuses on how rent flows shape elite incentives and dethrones the leading role of industrialization
  • Explains the rapid rise of export services in order to widen scope for future development policy

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