The International economics of natural resources and growth

Thorvaldur Gylfason*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review


This article is in three parts. First, it briefly describes the contribution of natural resources to economic growth around the world, pondering the question whether an abundance of natural resources is a blessing or a curse. Secondly, an attempt is made to provide a glimpse of recent empirical evidence that can be brought to bear on this question. Thirdly, the article discusses the experience of Norway, the world's third largest oil exporter. To date, Norway has appeared to be mostly free of the worrisome symptoms, such as the Dutch disease, that have afflicted many other countries with abundant natural resources.

Original languageEnglish
Pages (from-to)7-17
Number of pages11
JournalMinerals and Energy - Raw Materials Report
Issue number1-2
Publication statusPublished - 2007


Dive into the research topics of 'The International economics of natural resources and growth'. Together they form a unique fingerprint.

Cite this