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Revista Latinoamericana de Desarrollo Económico
Print version ISSN 2074-4706On-line version ISSN 2309-9038
Abstract
DIAZ VALDIVIA, Carlos Andrés and ALIAGA LORDEMANN, Javier. Analysis of the Relation between Institutional Quality, Natural Resources and Economic Growth. rlde [online]. 2010, n.14, pp.07-40. ISSN 2074-4706.
For a long time there has been a belief that countries with great reserves of natural resources have a great advantage respect to countries with limited natural resources. Nevertheless the present study shows that this abundance and the increasing export of the natural resources does not entail necessarily to an economic growth of “the surpassed” country, instead the abundance would have to be accompanied of an institutional frame of good quality that encourages the interchange and the production in detriment of redistributive activities.
Keywords : : Natural Resources; Bolivia; Institutional Frame; Economic Growth; Production; Gobernance Indicators; Export.