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Natural resources, governance and institutional quality: The role of resource funds

机译:自然资源,治理和机构质量:资源资金的作用

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This paper investigates the relationship between resource funds, governance and institutional quality in resource-rich countries. The study is motivated by the relatively recent and inconclusive debate on resource funds and on their role in the addressing of the "resource curse". The estimation results suggest that resource funds may be associated with governance and institutional quality improvements. The analysis complements the debate on the tools of addressing the "resource curse" and on the determinants of governance and institutional quality. The findings remain important for their policy implications. The estimation results suggest that resource funds may prove useful tools in the hands of the policy makers in the attempt to address governance and institutional quality deterioration induced by resource abundance.
机译:本文研究了资源丰富国家的资源资金,治理与机构质量之间的关系。该研究的动机是关于资源基金及其在解决“资源诅咒”中的作用的相对较近的,尚无定论的辩论。估计结果表明,资源资金可能与治理和机构质量的提高相关。该分析补充了有关解决“资源诅咒”的工具以及治理和机构质量的决定因素的辩论。调查结果对于其政策含义仍然很重要。估计结果表明,在解决由资源丰富引起的治理和机构质量恶化的决策者手中,资源资金可能证明是有用的工具。

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