Abstract

This article reviews the academic literature on the relationship between dependency on extractive industries for export and economic and political performance in developing countries, presenting a state of the art. It first reviews the relationship between dependency on extractive industries for export and political violence, discussing why there are more civil wars in countries that show that dependence. It then reviews the relationship between dependency on extractive industries for export and political regime, discussing the influence that such a dependency might have over prospects for democracy. It finally reviews the relationship between dependency on extractive industries for export and economic and institutional performance, i.e., the so called «resource curse».

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