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Author Dalmazzo, A. (Alberto)

Title Resources and incentives to reform : a model and some evidence on Sub-Saharan African countries / Alberto Dalmazzo and Guido de Blasio
Published Washington, D.C. : International Monetary Fund, 2001
Online access available from:
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Description 1 online resource (42 pages)
Series IMF working paper ; WP/01/86
IMF working paper ; WP/01/86
Summary The paper models the incentives for a self-interested government to implement "good policies". While good policies lead to investment and growth, they reduce the government's ability to increase supporters' consumption. The model predicts that resource abundance is conductive to poor policies and, consequently, to low investment. The implications of the model are broadly supported by evidence on sub-Saharan African countries. In particular, countries that are rich in natural resources tend to have lower institutional quality and worse macroeconomic and trade policies
Bibliography Includes bibliographical references (pages 34-36)
Notes Print version record
Subject Economic assistance -- Africa, Sub-Saharan.
Investments -- Africa, Sub-Saharan.
Natural resources -- Africa, Sub-Saharan.
Africa South of the Sahara -- Economic policy -- Econometric models.
Form Electronic book
Author De Blasio, Guido.
ISBN 1281395412