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Russia: How to Sustain Growth in a Resource Based Economy?

Using the Russian case as an example, this OECD paper by Rudiger Ahrend looks at concepts such as the "Dutch Disease" or rich natural resource endowments "curses", and argues that the right economic policies can overcome or mitigate institutional pathologies traditionally associated with abundance of natural resources.

 

Read the full paper

 

Related: read a previous post in this blog with theory and evidence of the "Dutch Disease"

 

 

Via Development Gateway.

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