It takes the average reader and 30 minutes to read Financial Resource Curse in Resource-Rich Countries by Mr.Montfort Mlachila
Assuming a reading speed of 250 words per minute. Learn more
Why do commodity-dependent developing countries have typically lower levels of financial development than their peers? The literature has proposed many possible explanations, but it typically does not dwell on the deep mechanisms that drive such an outcome. In this paper, we argue that the main cause is the shocks in commodity prices. We test the hypothesis on 68 commodity-rich developing countries between 1980 and 2014, and we find strong evidence of the financial development resource curse through the channel of commodity price shocks, after controlling for other explanations found in the...
Financial Resource Curse in Resource-Rich Countries by Mr.Montfort Mlachila is 29 pages long, and a total of 7,511 words.
This makes it 10% the length of the average book. It also has 9% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 41 minutes to read Financial Resource Curse in Resource-Rich Countries aloud.
Financial Resource Curse in Resource-Rich Countries is suitable for students ages 8 and up.
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