Political and economic implications of extractive industries

Authors

  • Farid Kahhat Kahatt Pontificia Universidad Católica del Perú

Abstract

This article reviews the academic literature on the relationship between dependency on extractive industries for export and economic and political performance in developing countries, presenting a state of the art. It first reviews the relationship between dependency on extractive industries for export and political violence, discussing why there are more civil wars in countries that show that dependence. It then reviews the relationship between dependency on extractive industries for export and political regime, discussing the influence that such a dependency might have over prospects for democracy. It finally reviews the relationship between dependency on extractive industries for export and economic and institutional performance, i.e., the so called «resource curse».

Keywords:

extractive industries, civil war, political regime, economicperformance, institutional development

Author Biography

Farid Kahhat Kahatt, Pontificia Universidad Católica del Perú

Ph.D en gobierno, Universidad de Texas en Austin; profesor principal e investigador en ciencia política, Pontificia Universidad Católica del Perú.