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The (Non) Effect Of Natural Resource Dependence On Capital Accumulation In Latin America, Luisa Blanco, Robin Grier Sep 2015

The (Non) Effect Of Natural Resource Dependence On Capital Accumulation In Latin America, Luisa Blanco, Robin Grier

Luisa Blanco

In a simultaneous model of human and physical capital accumulation for 17 Latin American countries from 1975 to 2004, we show that overall resource dependence is not significantly related to physical and human capital. Disaggregating the natural resource variable into subcategories, we find that petroleum export dependence is associated with higher physical capital and lower human capital, while agricultural export dependence is often associated with lower levels of physical capital. All of these effects are quantitatively small, however, casting doubt on the idea that natural resource dependence has stifled the accumulation of capital in the region.


China’S Ventures In Africa, Emmanuel Aning, Delphine Lecroute Dec 2007

China’S Ventures In Africa, Emmanuel Aning, Delphine Lecroute

Emmanuel Kwesi Aning

In this paper, we are guided by several questions of which the critical one is whether Sino-African relations are merely opportunistic and based on an ad hoc momentum, or whether they reflect a real strategy based on presence and territorial domination in the new context of competition and cooperation on the reconfigured African continent. We argue that any endeavour to appreciate the complexities of this relationship needs a more nuanced and differentiated appreciation and understanding of Sino-African relations. Such an approach will elucidate the complex relationship between Africa and China and, more importantly, emphasise the delicate nuances that are overlooked …