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Does oil production affect government effectiveness in Sub-Saharan Africa?

Freeman, Baba
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Colorado School of Mines. Payne Institute for Public Policy
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2022-01-31
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https://hdl.handle.net/11124/14104
 https://doi.org/10.25676/11124/14104
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Abstract
The "resource curse" describes a phenomenon whereby countries with access to substantial revenue from oil and gas experience slow economic growth, inflation, low investment, high debt, and adverse currency exchange rates. Some researchers have however disputed the veracity of this phenomenon, noting that where there are mature state institutions, democratic governance, and accountable civil service, oil revenue has not led to a resource curse.
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