Abudance Of The Natural Resources As A Factor, Which Destimulates Economic Growth. Looking For The Dutch Disease In Russia ; Bogactwa naturalne jako czynnik destabilizujący wzrost gospodarczy. Próba identyfikacji zjawiska choroby holenderskiej w gopodarce Federacji Rosyjskiej

In general thinking, countries possessing rich natural resource deposits are blessed, as resource abundance has seemingly positive correlation with the wealth and economic development of a nation. However, experience shows that countries endowed with extreme amounts of natural resources have found themselves in a serious misuse and on a damaging growth path. Extraordinary resource possession is rather an opportunity than a guarantee for better economic performance. The term “Dutch disease” refers to a situation in which new discoveries of natural resources or sharp rises in commodity prices le... Mehr ...