Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/178999
Authors: 
Pomfret, Richard
Year of Publication: 
2018
Series/Report no.: 
IOS Working Papers No. 372
Abstract: 
What is required for a poor country to turn a valuable resource endowment into a driver of development? The resource curse literature highlighted the importance of institutions and the nature of the resource, neither of which is a useful policy guide. A more recent literature views resource exploitation as a series of hurdles that must be negotiated: ensuring production, dividing revenues, and using the added public finance. The Kyrgyz Republic's Kumtor gold mine is a useful case study in that the country cleared the first hurdle but over almost a quarter century was embroiled in negotiating the second hurdle. The paper assesses the extent to which such problems are inevitable for a small poor country, and the consequences of an extended conflictual process.
Subjects: 
resource curse
minerals
Kyrgyzstan
JEL: 
Q32
O53
L72
N55
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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