The Oil Nouveau-Riche and Arms Imports

The Oil Nouveau-Riche and Arms Imports

Countries that strike it rich when exploring for oil and gas often fail to see growth materialize. This paper shows that one way things can get messy is via squandering new wealth, based on future resource revenues, on arms imports. In the five yea...

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Bibliographic Details
Main Author: Vezina, Pierre-Louis
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
OIL-IMPORTING COUNTRIES
ARMS TRADE
RESOURCE CURSE
OIL PRICE
OIL EXPORTERS
GIANT DISCOVERIES
OIL AND GAS REVENUE
NEW WEALTH
RESOURCE ALLOCATION
OIL AND GAS EXPLORATION
SQUANDERED WEALTH
Online Access:http://documents.worldbank.org/curated/en/302681598970589744/The-Oil-Nouveau-Riche-and-Arms-Imports
http://hdl.handle.net/10986/34422

Internet

http://documents.worldbank.org/curated/en/302681598970589744/The-Oil-Nouveau-Riche-and-Arms-Imports
http://hdl.handle.net/10986/34422

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