How does a state's natural resource wealth influence its economic development? For the
past fifty years, versions of this question have been explored by both economists and …

In this chapter we explore the popular but controversial idea that develo** countries
benefit from abandoning policy neutrality vis-a-vis trade, FDI and resource allocation across …

We examine the relationship between resource abundance and several indicators of human
welfare. Consistent with the existing literature on the relationship between resource …

The economic development and growth literature contains extensive discussions on
relationships between exports and economic growth. One debate centres on whether …

The relationship between free trade and the environment is one of the main issues of
contention between environmental and ecological economics. Environmental economics …

This contribution tests for causality between financial deepening, trade openness, and
economic development for 16 sub-Saharan African countries. The Hsiao-Granger method is …

This paper continues the investigation of Giles and Williams (2000) on export-led growth
(ELG). In the first part, we surveyed the empirical export-led growth literature; it was evident …

As open economies, African countries need to diversify their exports for economic
transformation, sustained growth, and development. Meanwhile, there has been increasing …

The estimated static welfare gains from international trade are very small, on the order of
one percent of GDP. The case for free trade is therefore increasingly linked to trade's …

Unlike any other text on international trade, this groundbreaking book focuses on the
dynamic long-run relationship between trade and economic growth rather than the static …