Corruption, the resource curse and genuine saving

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10 August 2007

Corruption, the resource curse and genuine saving

Simon Dietz, Eric Neumayer & Indra de Soysa has published an article in Environment and Development Economics. 
Genuine saving is a measure of net investment in produced, natural and human capital. It is a necessary condition for weak sustainable development that genuine saving not be persistently negative. Alongside the well-known resource curse on economic growth, resource abundance might have a negative effect on genuine saving.