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Comments On Lederman And Maloney’S ‘In Search Of The Missing Resource Curse’, Cameron Shelton
Comments On Lederman And Maloney’S ‘In Search Of The Missing Resource Curse’, Cameron Shelton
CMC Faculty Publications and Research
The paper by Daniel Lederman and William Maloney is part of a larger project of the authors.1 Their broader goal is to drive home the point that the possession of natural resource wealth does not inevitably lead to lower growth rates and thus lower per capita GDP. In their words, “the central tendency is not negative” and natural resources are neither curse nor destiny.