Maniloff, PeterMastromonaco, Ralph2022-07-292022-07-292015-11https://hdl.handle.net/11124/14509https://doi.org/10.25676/11124/14509The Payne Institute for Public Policy was formerly known as the Payne Institute for Earth Resources.Much research has been conducted on the resource curse, the idea that development of natural resources can reduce economic growth. There are a variety of reasons why an abundance of natural resources might reduce economic growth, including a phenomenon referred to as Dutch Disease where a boom in local resource production leads to increased costs for other sectors. A sudden end to the resource boom or when other sectors have a higher growth rate than the extractive sector are factors that can lead to lower economic growth.commentarieseng©2015 by the Payne Institute for Earth Resources. All rights reserved.Text