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'Natural Resources: Neither Course nor Destiny' brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural resources are neither a curse nor destiny. Natural resources can actually spur economic development when combined with the accumulation of knowledge for economic innovation. Furthermore, natural resource abundance need not be the only determinant of the structure of trade in developing countries. In fact, the accumulation of knowledge, infrastructure, and the quality of governance all seem to determine not only what countries produce and export, but also how firms and workers produce any good.
Your dream house is blighted -- Foxconn comes to America -- What does the Foxconn say? -- Who made that TV? -- The land grab -- Racine, poster child of the Rust Belt -- Sherrard, Illinois -- Monkey business in the middle -- Wassily Leontief and input-output economic impact -- Flying Eagle economic impact -- A tea party for Foxconn -- A bright, shining object -- The problem with picking winners -- An ill wind blows -- All politics are local -- The trouble with TIF -- Following the money -- Foxconn on the ground -- Breaking the cycle.