Jonathan Isham
The Varieties of Resource Experience: Natural Resource Export Structures and the Political Economy of Economic Growth
Middlebury College
many oil mineral plantation cropbased economies experienced substantial deceleration growth following commodity boom bust 1970s early 1980s article illustrates countries dependent point source natural resources extracted narrow geographic economic base oil minerals plantation crops predisposed heightened economic social divisions weakened institutional capacity turn impedes ability respond effectively shocks previous studies shown essential sustaining rising levels prosperity analysis data classifications export structure controlling wide array potential determinants governance shows point source coffee cocoaexporting countries relatively poorly across array governance indicators governance effects associated simply natural resource exporter countries natural resource exports diffuserelying primarily livestock agricultural produce small family farmsdo show strong effectsand robust growth recoveries