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A SelfFulfilling Curse

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History's Verdict: You Get What You Believe. Past examples: USA. Australia. Recent examples: ... Australia. Chile. Norway. Escaping the Resource Curse Columbia ... – PowerPoint PPT presentation

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Title: A SelfFulfilling Curse


1
A Self-Fulfilling Curse?
  • Jesse Czelusta
  • Stanford University

2
No Refills vs. How About Another?
  • If Resources Are Exogenous
  • --------------------------------------------------
    ---------------
  • Manage Revenues
  • Shift to Other Sectors
  • If Resources Are Endogenous
  • --------------------------------------------------
    ---------------
  • Create Revenues
  • Invest in Resource Knowledge

3
Historys VerdictYou Get What You Believe
  • Past examples
  • USA
  • Australia
  • Recent examples
  • Australia
  • Chile
  • Norway

4
An Augmented Agenda
  • Manage revenues and avoid dependence, but also
  • Invest in learning
  • Surveys
  • RD
  • Education
  • Location-Specific Knowledge

5
A Self-Fulfilling Curse?
  • Jesse Czelusta
  • Stanford University
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