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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
The Curse Of Windfall Income: How Foreign Aid And Natural Resource Dependence Constrains Growth, Adams Bailey Nager
The Curse Of Windfall Income: How Foreign Aid And Natural Resource Dependence Constrains Growth, Adams Bailey Nager
All Theses and Dissertations (ETDs)
Literature exists on two ‘curses,’ the natural resource curse and the curse of foreign aid, which limit growth in developing nations. At their core, both the natural resources curse and the curse of aid derive from the same root cause- the curse of windfall income. The windfall curse is a macroeconomic side-effect that negates the positive effects of unearned capital by raising domestic prices and lowering competitiveness. While windfall income creates growth in a countries service sector, it represses growth in the manufacturing sector. These trends help explain the inability of both foreign aid and natural resources to fuel sustained …
Water Resources In Sub-Saharan Africa: The Case Of Mali, Ria Elise O'Brien
Water Resources In Sub-Saharan Africa: The Case Of Mali, Ria Elise O'Brien
All Theses and Dissertations (ETDs)
The world is experiencing the first effects of the water crisis and its importance will become more prevalent in the next few decades. In this study, the case is made that there are steps that can be taken that can improve the standard of living for people by addressing the water needs of both rural and urban areas affected by the water crisis. If the standard of living was increased using the advice given in the thesis, Mali would then serve as an example for what could be done right in other arid areas.