Research on Resource Dependency in Present-Day Economic Publications

The problem of the “resource curse” remains relevant in today’s economic science. Many researchers have attempted to explore this phenomenon; however, their findings often appear to be contradictory. Some scholars argue that there is a linkage between economic growth and a country’s natural resources while others indicate the contrary. Nowadays, it is difficult to deny the impact of resources wealth on the development of a particular state and its economic growth. Nevertheless, this effect can be negative, too.