This dissertation deals with the relationship between the Resource Curse (RC) – the empirically proven paradox that countries with abundant natural resources often show slower economic growth – and a measure for the substitution of natural resource depletion by other forms of capital, the World Bank’s Genuine Savings (GS). In four logically successive parts, which are all published papers, this work analyzes the “alarming picture [that most] [c]ountries with a large percentage of mineral and energy rents of GNI typically have lower genuine saving rates” (VAN DER PLOEG 2011: 396-397) as well as its background determinants and transmission channels. The first part establishes a critical survey on GS and its calculation components and is intended as an introduction to its theoretical and methodical background. The WORLD BANK (2011) adjusts Net National Savings for human and natural capital, but as an indicator of real world sustainability GS has several shortcomings, which are discussed at length. For example, there are natural resources that are omitted due to empirical and methodological reasons such as fisheries, biodiversity or diamonds. Part one discusses possible extensions and ideas for future development, but the most important finding is the necessity for more analyses of possible factors determining the development of GS rates. With this background, part two establishes a theoretical model of the relationship between the RC and GS. Since both the RC and GS depend on the amount of resource depletion and exports, a possible relation seems clear. Therefore, part two uses the exogenous and endogenous explanations from countless studies contributing to the research on the RC and its determinants and relates them to GS and its calculation components. For example, the volatility of international commodity markets affects the natural resource rents within the calculation of GS immensely, or the migration of employees to the resource sector has a clear impact on the education expenditures used to determine human ...