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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| Format: | Working Paper |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/302681598970589744/The-Oil-Nouveau-Riche-and-Arms-Imports http://hdl.handle.net/10986/34422 |